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Indonesia: Premier Oil achieves First Gas from BIG-P, offshore Indonesia


02 Dec 2019

Photo - see caption

Premier Oil has achieved First Gas from its operated Bison, Iguana and Gajah Puteri (BIG-P) project in the Natuna Sea Block A offshore Indonesia.  The two-year project was delivered on schedule and significantly below budget.

Premier expects BIG-P’s recoverable reserves to be in excess of the 93 BCF (gross) estimated at sanction as a result of the successful three-well drilling campaign which encountered additional productive sands.

BIG-P production ties into the existing Natuna Sea Block A infrastructure, also operated by Premier, and supports the Company’s long-term gas sales contracts into Singapore.

Photo - see caption

Tony Durrant, Chief Executive, commented:

'This is further evidence of Premier’s ability to execute full cycle projects from exploration through to production.  BIG-P increases the deliverability from our operated Natuna Sea Block A enabling us to meet a growing market share within our existing gas contracts.'

Original article link

Source: Premier Oil





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