Thu, 16 May 2002

Pertamina, Expan find Sulawesi gas

JAKARTA: State-owned oil and gas firm Pertamina and its local partner PT Expan Tomori Sulawesi have discovered gas reserves amounting to 1.07 trillion cubic feet (TCF) in the Senoro-Toili block, Banggai regency, Central Sulawesi.

Pertamina said in statement that the new reserves was found after the two firms's joint venture, better known in the industry as a "Joint Operating Body" (JOB), had completed drilling in the Senoro 3 well recently.

The layer test of the well discharged some 12 million cubic feet per day (MMCFD) of gas and 237 barrels of condensate per day, it said.

According to Pertamina, the total gas reserves found by the JOB in the block had now reached 4 TCF.

The JOB would conduct further drilling starting in August to help increase the reserves, it added. --JP