Husky launches tenders for drilling rigs in Madura strait block
Thursday, April 26 2012 - 03:51 PM WIB
Husky Oil Madura (Ltd), a unit of Canadian oil, gas firm Husky Energy, has opened the tenders for drilling rigs to perform a planned 2012 exploration program in its Madura Strait production sharing contract (PSC), offshore of East Java.
The submission of commercial bids for a leased Indonesian-flagged floating production, storage and offloading (FPSO) is expected in the second half of this year as the Company progresses towards planned first production in the 2014 timeframe.
The company said that the FPSO would have capacity to process 110 MMCFD of gas and 8,000 BPD of condensate, water purification capacity of 2,500 BPD and stable condensate heating capacity of 370,000 barrels.
According to the company, the FPSO will be equipped with spread mooring system, flexible risers and all necessary topside facilities to process sour gas.
Lease duration for the vessel will be for 10 years with annual extension option for maximum of five years.
Gas produced from the FPSO will be piped through 52 km pipeline from wellhead to onshore gas metering station.
In 2007, Husky signed gas sales agreements with three local companies for the sale of 100 million cubic feet per day of natural gas production from Madura Strait PSC.
Editing by Benget Besalicto Tnb.