Thu, 17 Feb 2005

Mengoepeh starts initial production

JAKARTA: The Pearl Oil Mengoepeh oil field in Jambi has commenced initial production of 310 barrel per day (bpd) on Wednesday, with a target of 4,000 bpd by 2006.

Previously, the oil field was operated by ConocoPhillips before the firm transferred it to Pearl Oil.

According to the Oil and Gas Upstream Regulatory Agency (BP Migas), the oil field was discovered in 1996 and began production in December the same year.

The 4,000 bpd target is expected to be achieved within two phases of temporary processing and full development. Both phases are scheduled for completion in April. -- JP