Santos reports Indonesian Q4 production

Australia-based oil and gas firm Santos Limited has released its 2013 fourth 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 6.3 PJ was in line with the corresponding period. Combined Wortel and Oyong gross gas production for the quarter was 73 mmscf/day. Gross production from Maleo was 70 mmscf/day. Santos ? net entitlement to Oyong oil production was 50,300 barrels.

Development projects

Peluang (Santos 67.5%, operator)
Sanctioned in February 2013, the Peluang gas project is located adjacent to 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 85% complete and on track for first gas in the first half of 2014, with an anticipated gross peak production of 25 mmscf/day. The platform jacket and deck have now been installed, the horizontal well has intersected the reservoir and the well is currently being completed. (end of edited excerpt)