Santos reports Indonesian Q4 production
Friday, January 18 2013 - 01:22 AM WIB
Australia-based oil and gas firm Santos Limited has released its 2012 fourth quarter report. The following is an edited excerpt of the report on the company?s oil and gas production in Indonesia.
Santos? net entitlement to gas production of 6.4 PJ was 21% higher than the corresponding period primarily due to production from Wortel which was brought on line in January 2012.
Oil production from Oyong was 5% lower than Q3 2012 due to natural field decline. Total 2012 production was up 26% on 2011, reflecting production from the infill well drilled in the first quarter.(end of edited excerpt)