Ophir reports gas production from C. Kalimantan gas field

Thursday, July 13 2017 - 12:54 AM WIB

By Alexander Ginting

UK oil, gas firm Ophir Energy reported on Wednesday that gas production from Karendan gas field in Bangkanai PSC onshore Central Kalimantan averaged 12.3 mmcfd, as the field ramped-up through the second quarter of 2017 to the full daily contract quantity of 19.2 mmcfd at a slower rate than expected.

Ophir supplies gas from Karendan field to a power plant owned by state electricity firm PT PLN (Persero)

Ophir said the focus at Karendan gas field is now on monetising further gas from the asset beyond the first contracted amount. A 560 sq km onshore 3D seismic survey in the Bangkanai PSC and West Bangkanai PSCs commenced early in 2017 and is expected to complete during 4Q 2017. ?The seismic data, in combination with the data from the West Kerendan-1 well and the WK-1 drill stem test, will provide assurance to SKK Migas (the state regulator) for approval of the next tranche of gas sales from the 450 bcf of discovered but uncontracted 2C gross resource associated with the Kerendan field,? the company said.

Ophir has 70 percent interest in Bangkanai PSC with the balance held by Saka Energi.

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