Page 22 - Oil&Gas-AustralAsia-2015-Issue-1
P. 22
I INDONESIA
First gas from Pelikan By Marie RYAN
London-based Indonesian explorer and Production at Natuna Sea Block A and 2028, the utility sells the gas on to var-
producer Premier Oil has announced Kakap ious end users including SUT Co-Gen,
first gas production in March 2015 from Gas is currently produced from the Tuas Power and Exxon Chemicals.
its Pelikan field in the Natuna Sea Block Anoa and Gajah Baru gas fields in In 2008 Premier Oil signed three more
A offshore Indonesia. Natuna Sea Block A with a Production fully termed Gas Sales Agreements
First gas from the Naga field, also locat- Sharing Contract (PSC) from fields in (known as GSA2, GSA3 and GSA4)
ed in Natuna Sea Block A, was achieved the Kakap PSC in which Premier Oil with SembCorp for additional gas sales
in November, with Premier reporting also has an interest. The two PSCs are into the Singaporean market, and with
both projects coming online on time located adjacent to each other some PT Pelayanan Listrik Nasional Batam
and budget. 500 km north east of Singapore in the (PLN) and PT Universal Batam Energy
It is estimated the two fields will add West Natuna Sea and gas is exported by (UBE) for gas sales to be used in power
up to 200 billion British thermal units pipeline to Singapore through the 650 generation at Batam in Indonesia.
of natural gas from both fields and will kilometre pipeline known as the West Gajah Baru which was discovered by
boost reserves for the Singapore and the Natuna Transportation System. Premier Oil was the first of a number
domestic Asian markets under Pre- of fields to be developed to supply ad-
mier’s long term gas sales contracts. Export of gas to Singapore from the ditional gas. Under GSA2, Gajah Baru
“The two fields will allow Premier Gajah Baru facilities commenced in is contracted to ship approximately
increased operational flexibility with late 2011, adding 40Bbtu/d, originally 90Bbtu/d to Singapore.
additional volumes to be supplied to contracted under GSA3 and GSA4, to Kakap consists of 10 separate fields
meet the growing market within ex- be supplied to buyers in Batam Island, developed with a combination of
isting contracts and, when the oppor- Indonesia and for supply in Singapore platforms and subsea tie-backs to the
tunity arises, to respond to increased in exchange for Sumatra gas volumes, Kakap FPSO, where the oil is stabilised
Singapore or domestic gas demand,” the currently under contract to Singapore, and exported via tankers.
company said. which will be redirected to other do- Premier acquired its interest in the
Premier, with a 28.67 per cent equity mestic markets in Indonesia. Kakap field in December 1996 through
stake operates Natuna Sea Block A on the acquisition of Discovery Petroleum
behalf of its partners KUFPEC, Pertam- Deliveries from the field under a US$8 NL. §
ina, PTT and Petronas. billion gas contract (GSA1) with the
government controlled Singaporean
utility SembCorp, commenced 14 years
ago and is expected to continue until
Premier Oil is currently in a good place
operating with a $170 million cash
flow for its Indonesian projects alone,
commencing domestic gas sales and
increasing its share of Gas Sales Agree-
ment 1 (GSA1) with the company is tar-
geting a $40 million CAPEX this year.
The British oil and gas company also Premier Oil’s Anoa platforms. Image courtesy of Premier Oil
had success with its Tuna discovery, es-
timating the discovery holds more than
100 million barrels of oil equivalent
from over 20 leads and plans to appraise
the Anoa Deep well located offshore in
North Sumatra Block A in the second
quarter of this year.
A A20 OIL & GAS ustral SIA MARCH/APRIL 2015 www.oilandgasaustralasia.com
First gas from Pelikan By Marie RYAN
London-based Indonesian explorer and Production at Natuna Sea Block A and 2028, the utility sells the gas on to var-
producer Premier Oil has announced Kakap ious end users including SUT Co-Gen,
first gas production in March 2015 from Gas is currently produced from the Tuas Power and Exxon Chemicals.
its Pelikan field in the Natuna Sea Block Anoa and Gajah Baru gas fields in In 2008 Premier Oil signed three more
A offshore Indonesia. Natuna Sea Block A with a Production fully termed Gas Sales Agreements
First gas from the Naga field, also locat- Sharing Contract (PSC) from fields in (known as GSA2, GSA3 and GSA4)
ed in Natuna Sea Block A, was achieved the Kakap PSC in which Premier Oil with SembCorp for additional gas sales
in November, with Premier reporting also has an interest. The two PSCs are into the Singaporean market, and with
both projects coming online on time located adjacent to each other some PT Pelayanan Listrik Nasional Batam
and budget. 500 km north east of Singapore in the (PLN) and PT Universal Batam Energy
It is estimated the two fields will add West Natuna Sea and gas is exported by (UBE) for gas sales to be used in power
up to 200 billion British thermal units pipeline to Singapore through the 650 generation at Batam in Indonesia.
of natural gas from both fields and will kilometre pipeline known as the West Gajah Baru which was discovered by
boost reserves for the Singapore and the Natuna Transportation System. Premier Oil was the first of a number
domestic Asian markets under Pre- of fields to be developed to supply ad-
mier’s long term gas sales contracts. Export of gas to Singapore from the ditional gas. Under GSA2, Gajah Baru
“The two fields will allow Premier Gajah Baru facilities commenced in is contracted to ship approximately
increased operational flexibility with late 2011, adding 40Bbtu/d, originally 90Bbtu/d to Singapore.
additional volumes to be supplied to contracted under GSA3 and GSA4, to Kakap consists of 10 separate fields
meet the growing market within ex- be supplied to buyers in Batam Island, developed with a combination of
isting contracts and, when the oppor- Indonesia and for supply in Singapore platforms and subsea tie-backs to the
tunity arises, to respond to increased in exchange for Sumatra gas volumes, Kakap FPSO, where the oil is stabilised
Singapore or domestic gas demand,” the currently under contract to Singapore, and exported via tankers.
company said. which will be redirected to other do- Premier acquired its interest in the
Premier, with a 28.67 per cent equity mestic markets in Indonesia. Kakap field in December 1996 through
stake operates Natuna Sea Block A on the acquisition of Discovery Petroleum
behalf of its partners KUFPEC, Pertam- Deliveries from the field under a US$8 NL. §
ina, PTT and Petronas. billion gas contract (GSA1) with the
government controlled Singaporean
utility SembCorp, commenced 14 years
ago and is expected to continue until
Premier Oil is currently in a good place
operating with a $170 million cash
flow for its Indonesian projects alone,
commencing domestic gas sales and
increasing its share of Gas Sales Agree-
ment 1 (GSA1) with the company is tar-
geting a $40 million CAPEX this year.
The British oil and gas company also Premier Oil’s Anoa platforms. Image courtesy of Premier Oil
had success with its Tuna discovery, es-
timating the discovery holds more than
100 million barrels of oil equivalent
from over 20 leads and plans to appraise
the Anoa Deep well located offshore in
North Sumatra Block A in the second
quarter of this year.
A A20 OIL & GAS ustral SIA MARCH/APRIL 2015 www.oilandgasaustralasia.com
