Santos announces first gas from Wortel
Wednesday, February 1 2012 - 03:23 AM WIB
Australian oil, gas firm Santos announced that gas production had commenced from the Wortel field of Sampang PSC located in offshore Madura, East Java.
The company said on Wednesday that the Wortel development, which was sanctioned in November 2010, includes two gas wells, an unmanned wellhead platform and a 10-kilometre gas pipeline to the existing Santos-operated Oyong facilities.
Gross gas production from the combined Oyong and Wortel fields is expected to be 9OTJ/day (84.87 mmcfd). Gas will be exported via an existing pipeline to the Grati processing plant, where it is sold for domestic power generation.
"The successful on-budget delivery of Wortel is another milestone in our focused growth strategy in Asia," said Santos Chief Executive David Knox.
He added that Asia would account for 60% of the world?s primary energy growth by 2035, and Santos was proud to continue to supply the growing Indonesian domestic gas market.
Santos Vice President Asia Pacific Martyn Eames said that completion of the Wortel development was a significant milestone, which would extend the economic life of the Oyong facilities, and continues Santos ? strong track record of project delivery in Indonesia .
?Wortel adds a third producing asset to our growing Indonesian portfolio. We are also undertaking front-end engineering design on the Peluang asset which will tie-back to our existing Maleo platform.?
Santos has a 45% interest and is the operator of the Sampang PSC . Other partners are SPC (40%) and Cue Energy Resources (15%).
Editing by Benget Besalicto Tnb.