SYDNEY (Yosefardi) – Santos reported net entitlement to gas production of 6.2 PJ in first quarter of this year, lower than the corresponding period with new production from Peluang offset by lower entitlement at Oyong and Wortel and a planned shutdown at Maleo.
Combined Wortel and Oyong gross gas production for the quarter was 78.5 mmscf/day, with gross production from Maleo of 59 mmscf/day.
Santos operates 2 exploration wells (OIG-4 and OIG-5) in Sumatra, in which Santos holds interets of 10% each.
It continues drilling in the South Sumatra CSG exploration campaign, to evaluate the CSG potential of the Muara Enim formation.
Gas production from Peluang was commenced in March 2014, and the project was delivered ahead of schedule and on budget. Gross peak production from Peluang is expected to be 25 million standard cubic feet per day. Santos controls 67.5% interest in Peluang’s development project.