Salawati JOB to boost output

Salawati JOB to boost output

Budi Setiadi, the vice president of the Indonesian unit of
Chinese oil giant PetroChina Co., said on Monday the company had
successfully drilled two offshore wells near Salawati island in
Papua.

According to the results of tests conducted by the Salawati
Joint Operating Body, comprising PetroChina and state oil and gas
company Pertamina, each of the wells could produce up to 4,000
barrels of oil per day (bopd).

"By the fourth quarter of this year we expect to be producing
between 4,000 and 8,000 bopd," said Budi.

At present, the onshore Salawati field produces 4,000 bopd to
5,000 bopd. -- JP