TotalFina opens RI gas field

Mon, 06 Dec 1999 | Source: AFP

PARIS (AFP): TotalFina announced on Friday they had put the Peciko gas field off the east coast of Indonesia, eastern Kalimantan, into operation.

The company said production should reach 22 million cubic meters a day by January, though it has started at half that.

TotalFina has a 50 percent stake in the operation the production contract, which was shared with the Indonesian national company Pertamina and with Inpex of Japan.

The new field should bring up total production to more than 47,000 barrels of oil a day by 2000.

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