Santos reports Indonesian Q3 oil, gas production

Australian-based oil and gas firm Santos Limited has released on Thursday its 2011 Third quarter report. The following is an edited excerpt of the report on the company?s oil and gas production in Indonesia.

Production
Sales gas production of 8.7 PJ was 5% lower than Q3 2010 due to lower customer nominations at Maleo and lower production from Oyong due to planned maintenance.

Santos? net entitlement crude oil production of 0.05 mmbbl was lower when compared to Q2 2011 mainly due to Oyong oil field natural decline.

Development Projects
Wortel project (Santos 45%, operator)

The Wortel project was approved for development in November 2010. Wortel is located seven kilometers west of the Santos-operated Oyong oil and gas field, offshore Madura Island in the Sampang PSC, East Java, Indonesia. The project includes two gas wells, a minimum facility wellhead platform and a 10-kilometre gas pipeline to the existing Oyong well head platform. Wortel gas production will then flow through the existing 60-kilometre pipeline to the onshore gas processing facility at Grati for processing and onward sale.

The project passed a significant milestone on 1 October when the wellhead platform jacket was successfully installed on schedule. Construction of the platform deck is approaching completion at the onshore fabrication yard and offshore pipeline installation from Oyong to Wortel has commenced. First gas is scheduled for the end of 2011. (end of edited excerpt)