Gulf Oil and Gas accountACCOUNT

Santos Announces First Oil from Oyong Development in Indonesia

Source: www.gulfoilandgas.com 9/24/2007, Location: Asia

Santos announced that oil production has commenced from the Oyong field in the Sampang PSC, approximately 70 km east of Surabaya in Indonesia. After an initial ramp-up period, gross oil production rates are expected to stabilise at between 8,000 and 10,000 barrels of oil per day.

Oil is produced via a wellhead platform with 5 oil wells and 2 gas wells, with oil processing undertaken on the Sea Good 101 production barge and then piped to the Shanghai FSO for storage and offtake.

Front end engineering design for development of the Oyong gas reserves is underway, with a final investment decision expected before the end of 2007, and first gas production anticipated in the first half of 2009. A gas sales agreement has been signed with PT Indonesia Power, with gas to be piped via a 55 kilometre pipeline to an onshore processing facility adjacent to the Grati power station in East Java.

The Wortel gas field, which was discovered in 2006, is located approximately 7 km west of Oyong and could potentially be incorporated into the gas development, subject to further appraisal which is planned for first half of 2008.

Participants in the Sampang Production Sharing Contract are:

Santos (Sampang) Pty Ltd (operator) 45%
Singapore Petroleum Sampang Limited 40%
Cue Sampang Pty Ltd 15%

Offshore Platforms News in Indonesia >>

Russia >>  9/15/2020 - LUKOIL completed installation of the jackets of the fixed ice-resistant platform at the V.I. Grayfer field in the Caspian Sea. The offshore operations...
Taiwan >>  9/11/2020 - Heerema’s SSCV Sleipnir has safely and sustainably transported and installed the six-legged, 2858 metric ton, and 46-meter tall jacket for the Holland...

Netherlands/Holland >>  9/7/2020 - The first jacket of TenneT's Hollandse Kust (zuid) offshore platform has been installed successfully in the seabed. The heavyweight Alpha jacket of 32...
United Kingdom >>  9/7/2020 - International energy logistics provider Peterson has achieved two major milestones with the successful arrival of the 14,200 tonne Ninian Northern top...

United Kingdom >>  9/3/2020 - Prosafe and Shell U.K. Limited ('Shell') have agreed to defer and amend the contract for the Safe Zephyrus to provide accommodation services in suppor...
United Kingdom >>  9/3/2020 - The operation to load-in the 14,200 tonne Ninian Northern topside at Lerwick Harbour's Dales Voe Base has been completed successfully. The structure a...

Related Categories: Diving Contractors  Dredging  FPSO Vessels and Equipment  General  Marine Services  Mooring Systems  Offshore Platforms  Subsea Production 

Related Articles: Diving Contractors  Dredging  FPSO Vessels and Equipment  General  Marine Services  Mooring Systems  Offshore Platforms  Subsea Production 


Indonesia Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |

More News

Related Links

AZ BD BN CN GE HK ID IN IR JP KH KR KZ MM MN MY PG PH PK RU SG TH TJ TM TW UA UZ VN
Gulf Oil and Gas
Copyright © 2020 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.