Page 9 - AsianOil Week 17 2021
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AsianOil                                   SOUTHEAST ASIA                                           AsianOil













                         project from 13,000 to around 6,000 in March,   In the offshore, BP is establishing two off-
                         before slowly ramping up the numbers again.  shore platforms, 13 production wells, an
                           The project consists of onshore and offshore  expanded LNG loading facility as well as sup-
                         components, with Sutjipto saying this week that  porting infrastructure.
                         work of the former was 89.58% complete, while   The project, which carries an estimated
                         work on the offshore stage was 99.19% finished.  price tag of $8.9bn, is anticipated to produce
                           Train 3’s onshore development involves the  700mn cubic feet (19.82mn cubic metres)
                         construction of a 3.8mn tonne per year liquefac-  per day of gas and 3,000 barrels per day
                         tion plant, which will bring total plant capacity to  (bpd) of condensate.
                         11.4mn tpy. The project also includes an onshore   Indonesia sold 46.2 standard LNG cargoes
                         gas receiving facility, LNG and condensate load-  in the first quarter of 2021, SKK Migas deputy
                         ing berth, boil-off gas recovery, utilities, flares  head Arief Handoko told the same briefing. Of
                         and associated infrastructure.       this figure, 29.3 cargoes were exported.™




       Texcal ramps up oil



       production onshore Indonesia





        PROJECTS &       TEXCAL Mahato has successfully brought on
        COMPANIES        stream a new oil producing well at the Mahato
                         production-sharing contract (PSC) onshore
                         Indonesia.
                           Junior partner Cue Energy, a Southeast-Asia
                         focused independent, said on April 28 that the
                         PB-5 well had demonstrated a gross flow rate
                         of around 1,000 barrels per day (bpd) during
                         testing of the Bekasap C reservoir. The well has
                         now been completed as an oil producer and con-
                         nected to the production system.
                           Texcal, a unit of Sabson Energy, operates the
                         5,600-square km Mahato PSC in the Central
                         Sumatra Basin with a 41% stake. Cue, itself a
                         subsidiary of New Zealand Oil & Gas (NZOG),
                         owns a 12.5% interest, while Bukit Energy Cen-  Image: NZOG
                         tral Sumatra owns 25% and Central Sumatra
                         Energy Mahato has 11.5%
                           PB-5’s success is a significant step forward
                         for the field, which had been producing around
                         1,500 bpd from the PB-1 and PB-2 wells.
                           Cue said PB-5 was drilled to a measured   Cue CEO Matthew Boyall said: “We look for-
                         depth of 5,873 feet (1,790 metres) and had suc-  ward to the results of the remaining two devel-
                         cessfully intersected and logged the oil-bearing  opment wells in the current programme, PB-4
                         Bekasap A, B and C reservoirs, which are present  and PB-3”.
                         in the first two wells.                Cue announced in January that PB-1 had
                           With PB-5 connected as a producer, the rig  entered commercial production, delivering 600
                         will now move to PB-4, where it will undertake  bpd of oil that was being processed and exported
                         testing and completion activities.   through “existing third-party facilities”.
                           Although PB-4 was drilled in March, success-  PB-1 and PB-2 were drilled as exploration
                         fully intersecting and logging the three reser-  wells in late 2019 and early 2020, with the Indo-
                         voirs in the process, Cue said operational issues  nesian government declaring in April 2020 that
                         had prevented the well from being completed,  the field was a 61.8mn barrel oil discovery.™
                         prompting Texcal to move on to PB-5.



       Week 17   29•April•2021                  www. NEWSBASE .com                                              P9
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