Thursday, May 23, 2013
Displaying 1 - 10 of 261 articles
Indonesia and Papua New Guinea (PNG) have agreed to together explore for oil and gas in border areas. “The border possesses a huge amount of unexplored oil and gas reserves, according to data obtained by our team. Economically, it would be easier to jointly explore these untapped resources,”...
NuEnergy Gas has moved closer to achieving its goal of first gas sales from Muara Enim, South Sumatra by December 2013 with the completion of radial jetting program at the pilot production site. With this work complete the company is now undergoing final start-up checks and pilot production is targeted...
Pertamina which has signed a deal to explore the Sumbagut shale gas block in North Sumatra is likely to tap into the expertise of Canada’s Talisman Energy for the exercise. “We have sent people to work with Talisman in Calgary,” said Wahidin, the corporate secretary for Pertamina’s...
Indonesia has offered 21 oil and gas blocks for exploration, four of which are unconventional gas blocks, Reuters reports. The bidding is expected to begin next month. The unconventional gas blocks on offer are two shale gas blocks and two coal bed methane blocks. The areas being offered are estimated...
Pertamina plans to spend up to $7.8 billion to develop the Sumbagut shale gas block in North Sumatra, Indonesia. With this kind of investments Sumbagut block was expected to go from about 40 million standard cubic feet per day (mmscfd) to 100 mmscfd by 2020, Pertamina CEO Galaila Karen Agustiawan said...
Salamander Energy has signed Production Sharing Contracts for the Northeast Bangkanai and West Bangkanai license areas, onshore central Kalimantan, Indonesia. The company is the operator of both PSCs with a 100% working interest. Each PSC covers an area of approximately 5,500 km2 and both are located...
AWE has said that a second successful Drill Stem Test (DST) has been conducted at the Lengo-2 appraisal well, in the Bulu PSC, offshore Indonesia, achieving a maximum gas flow rate of 21.2 million standard cubic feet per day (mmscf/d). These latest test results, which are in line with...
Premier Oil has flowed gas on Block A Aceh of the Matang gas discovery in Indonesia. The gross resource estimate for the Matang structure remains in line with the pre-drill estimate of 100 to 400 bcf. Matang-1 well was drilled to a depth of 7,893 feet and penetrated a gross...
SK E&S Co., South Korea's leading city gas provider, has signed a deal with a Chevron-led consortium to import liquefied natural gas (LNG) from offshore East Kalimantan in Indonesia, Yonhap News Agency reported citing industry sources. The company intends to import 1.5 million tons of LNG per year...
China National Offshore Oil Company (CNOOC) will now pay a higher price for the gas being produced from BP's Tannguh project in Indonesia, Reuters reports. The Chinese major ships about 2.6 million tonnes of liquefied natural gas (LNG) annually from Indonesia's West Papua province to China. Under this...