Santos reports Indonesian Q2 oil, gas production

Thursday, July 19 2012 - 02:54 AM WIB

Australian-based oil and gas firm Santos Limited has released on Thursday its 2012 second quarter report. The following is an edited excerpt of the report on the company?s oil and gas production in Indonesia.

Production
Santos? net entitlement to gas production of 7.8 petajoules (PJ) was 21% lower than the corresponding period primarily due to a lower entitlement to Maleo gas following the favourable price review in 2011, partially offset by a full quarter of production from Wortel.

Average daily gross gas production from Maleo was 94 mmscf/day and Wortel 49 mmscf/day during the second quarter.

Oil production from Oyong was almost 50% higher than Q1 2012 due to additional production from the Oyong infill well drilled in the first quarter and the shutdowns required in the first quarter to bring Wortel online. An eight-day planned shutdown at Oyong will commence in July, with production from Wortel to be unaffected. (end of edited excerpt).

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