Pertamina EP flows gas from Suban
Wednesday, June 1 2011 - 09:00 AM WIB
Pertamina EP, an upstream arm of state oil, gas company PT Pertamina (Persero) announced on Tuesday gas production from Suban unitization onshore South Sumatra.
GM Suban Development Project Gandot Werdiantoro said that Pertamina?s share in the gas production from Suban reached 70 MMCFD and 900 BPD of condensate.
Pertamina EP has been engaged in unitization talks with ConocoPhillips which operated Corridor PSC block since 2005 and both parties reached agreement on reserves model and on equity split late 2010, followed by commercial agreement on May 19, 2011.
According to Gandot, all gas production from Suban is sold to state electricity firm PLN.
The Suban gas field facilities is located within Corridor block. (godang)