Sharp decline in gas exploration wells drilled in Indonesia

They forgot to mention that new Gas Wells prospects, because of the fact that they are situated in the relatively unexplored deep water areas cost much more to drill with no guarantee of a find. This costs substantially more than an onshore "oil well" exploration due to the higher technology which has to be employed to drill in this environment.

Add to that the prices that the government wants to buy the gas for as against the worldwide selling price for gas, the whole deal is unnatractive.