ASIA

Oyong first oil imminent: Cue

THE Seagood 101 production barge is on location at the Oyong field, offshore East Java, and commi...

Oyong first oil imminent: Cue

The Santos-operated Oyong field is in the Sampang Production Sharing Contract area, offshore East Java, Indonesia.

The participants in the Sampang PSC are Santos 45%, Singapore Petroleum 40% and Cue 15%.

The field’s oil production is expected to be 10,000 barrels per day gross. Recoverable reserves are thought to be up to about 50 million barrels.

The Oyong partners have also have signed a gas sales agreement and the gas development phase of the oil-gas development is underway. It is expected the nearby Wortel gas field will later be tied into this infrastructure.

First Oyong gas production is scheduled for the end of 2008 and is expected to be 60 million cubic feet per day gross. The field has proven and probable (2P) reserves of 97 billion cubic feet.

TOPICS:

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

editions

ENB CCS Report 2024

ENB’s CCS Report 2024 finds that CCS could be the much-needed magic bullet for Australia’s decarbonisation drive

editions

ENB Cost Report 2023

ENB’s latest Cost Report findings provide optimism as investments in oil and gas, as well as new energy rise.

editions

ENB Future of Energy Report 2023

ENB’s inaugural Future of Energy Report details the industry outlook on the medium-to-long-term future for the sector in the Asia Pacific region.

editions

ENB Cost Report 2021

This industry-wide report aims to understand current cost levels across the energy industry