Pertamina finds oil and gas

JAKARTA (JP): State oil and gas company Pertamina said on Tuesday it had found oil and gas reserves in its Rengan Condong area, some 45 kilometers west of the provincial capital of Jambi.

The company said in a statement that the RCD-C oil well produced 77.4 barrels of oil per day (bopd), 16 barrels of condensate per day and 13.5 million cubic feet gas per day (mmcfd).

Pertamina said that exploration drilling at the Rengan Condong-C well began on May 14 and was completed within 84 working days.

It said that on July 1, the well reached a depth of 1,750 meters. (bkm)