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Pertamina looks to give part of Natuna to Malaysia, successful deepwater testing for Unocal project

State-owned Pertamina has said it is willing to sell a partial stake in its Natuna D-Alpha gas fi...

A Pertamina spokesman said his company had signed a memorandum of understanding with Petronas that will allow the Malaysians to access the data and other information from D-Alpha block. "Petronas said they were keen to buy one billion cubic feet per day from Natuna D-Alpha. They wanted to participate in upstream there. We are ready to respond to that," a company spokesman said.

The field is estimated to hold some 210 trillion cubic feet gas of which about 45 tcf is said to be commercially recoverable.

In other news from Indonesia, impressive gas rates have been recorded from Unocal's giant deepwater Gendalo-Gandang gas field complex offshore Indonesia. Unocal officials said the results showed the field is a "world class gas-condensate resource", which would be able to supply the Bontang LNG facilities.

The Gendalo-3 well flowed gas at a daily rate of 30 mmcf with 2,200 barrels of condensate on a 40/64 inch choke. The well has an estimated potential daily production rate at upwards of 90 mmcf and 6,000 barrels of condensate per day, the company said.

Unocal added that the gross resource potential for Gendalo-Gandan complex is at least 2 to 2.5 trillion cubic feet of gas with about 50 to 150 mmbbls of condensate.

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