Santos reports Indonesian Q3 production
Thursday, October 18 2012 - 02:49 AM WIB
Australia-based oil and gas firm Santos Limited has released its 2012 third 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 6.9 petajoules (PJ) was 21% lower than the corresponding period primarily due to a lower PSC net entitlement to Maleo gas following the favorable price review in 2011, partially offset by production from Wortel which was brought on line in January 2012.
Oil production from Oyong was 21% lower than Q2 2012 due to natural field decline.(end of edited excerpt)