Indonesia to Start 13 Oil, Gas Projects in 2014

Indonesia is expected to witness a total of 13 oil and gas projects beginning production in 2014, according to country’s oil and gas regulator SKK Migas.

In a statement published on its website, the regular said that combined production capacity of the 13 projects was 954 million metric standard cubic feet per day (mmscfd) and 194,121 barrels of oil per day.

Some of the projects are Sisi Nubi 2B, Mahakam Block with Total E&P Indonesie as the operator, the production of which is targeted at 350 mmscfd in the first quarter of 2014, and Senoro gas development with JOB Pertamina-Medco Tomori Sulawesi as the operator which is planned to commence its production at 8 mmscfd and 250 barrels of oil per day in the third quarter, the regulator said.

According to the statement, three projects supposed to start last year will begin production in the first quarter of 2014.

Those three projects are Ridho Field operated by Odira Energy Karang Agung with production of 1,200 barrels of oil per day, Gundih Field developed by Pertamina EP with production of 50 mmscfd and 600 barrels of oil per day, and Bayan A Project with Manhattan Kalimantan Investment as the contractor which plans to produce 15 mmscfd and 250 barrels of oil per day.

"We are committed to completing the projects on time," head of Public Relations Affairs, SKK Migas, Elan Biantoro said on Sunday.

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