Photo by: Bloomberg
PERTH (miningweekly.com) – Australian oil and gas giant Santos on Monday reported first gas production from its Peluang project, offshore East Java, in Indonesia.
The first gas was produced ahead of schedule.
The Peluang project is a tie-back to existing facilities at the Maleo gas field, and is located in the Madura offshore production sharing contract. The project was expected to have a gross production of 25-million standard cubic feet a day.
Santos VP for Asia, Western Australia and the Northern Territory John Anderson said on Monday that Peluang’s first production represented the delivery of another project into Santos’ expanding Asian portfolio.
“Peluang is the fourth operated asset for Santos in South East Asia. The success of first gas ahead of schedule and on budget with Peluang represents another significant milestone in the company’s delivery of a strong growth strategy in Asia.”
Anderson noted that in addition to Peluang, Santos was also focused on progressing its position in the Ande Ande Lumut oil field, in the West Natuna basin.
Gas from the Peluang project would be sold to domestic consumers in East Java.
Santos has a 67.5% interest in the project and acts as the operator of the Madura offshore production sharing contract.