Talisman reports increased Indonesian gas production

Canadian oil, gas firm Talisman Energy Inc reported on Tuesday that its third quarter Indonesian average gas production reached 270 MMCFD.

The figure was up 16% from a year ago and relatively unchanged from the previous period.

These volumes are expected to increase as additional markets are opened up in West Java, the company said.

Talisman has a 36 percent non-operating interest in its Indonesian main asset Corridor Block PSC, which supplies gas to Chevron?s Central Sumatra oil fields, Singapore and West Java through pipeline.

Talisman?s other upstream assets include Ogan Komering PSC, ONWJ Block, Sageri and Pasang Kayu Blocks and Tangguh LNG project.

The company also reported that in the Sageri PSC, Makassar Strait, pre-survey scouting was completed for the 5,000 kilometres of 2D seismic, which is scheduled to commence in the fourth quarter. (alex)