Santos reports Indonesian Q3 production

Australia-based oil and gas firm Santos Limited has released its 2013 third 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 6.7 PJ was in line with the corresponding period. Combined Wortel and Oyong gross gas production for the quarter was 82 mmscf/day. Gross production from Maleo was 78 mmscf/day. Santos? net entitlement to Oyong oil production was 54,500 barrels.

Development projects
Peluang (Santos 67.5%, operator)
Sanctioned in February 2013, the Peluang gas project is located in the Maleo gas field, offshore East Java in Indonesia. It will be developed as a tie-back to the existing facilities at Maleo, and will include one horizontal gas well, a minimum facility stand-alone wellhead platform and a pipeline to the Maleo platform.

The project is over 30% complete and on track for first gas in the first half of 2014, with an anticipated gross peak production of 25 mmscf/day. Fabrication of the wellhead platform and equipment skid packages is nearing completion, and preparation for offshore installation is progressing.

Exploration activity
The South Sumatra CSG drilling campaign is well underway, with cores successfully acquired from the primary target Muara Enim formation. A pilot program is now underway. The EOM-1 exploration core hole was drilled to a total depth of 596 metres, and following wireline logging and testing was plugged and abandoned as planned. (end of edited excerpt)

Well name	Basin/area	Target	Santos %	Well status
OIG 6-7, 9-10	South Sumatra	CSG	10*	CSG coreholes
EOM-1	South Sumatra	CSG	10*	P&A, CSG corehole
* Santos has a 10% interest and subject to the satisfaction of certain conditions, has the option to increase its interest to 60%.