PetroChina strikes gas, condensate in Papua
Friday, October 21 2011 - 10:01 AM WIB
The recent test result of North Klalin-1 exploration well showed that the well produced 5.867 MMSCFD on a 24/64? choke, with 137 BCPD (Barrel Condensate Per Day) of condensate. The well was drilled in June 2011 and completed in September 2011, the company said.
The new discovery will increase the gas production of PetroChina from Kepala Burung PSC Block, which is now producing around 7,000 Barrel Oil Equivalent Per Day (BOEPD).
The success of the discovery well is anticipated to be followed by drilling delineation and development wells, it added.
The discovery on North Klalin field is close to the existing production fields, which makes it possible to put the field on production in early 2012.
PetroChina International (Bermuda) Ltd. is owned by four share holders, that are PetroChina International 30. %, Petrogas (Basin) Ltd 34.064%, RHP Salawati Basin BV 25.936%, and PT Pertamina Hulu Energy 10%. (giok/godang)