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  • Premier Oil: First Gas from BIG-P, Indonesia
    édité le 02/12/2019 - Plus de news de "Premier Oil" - Voir la fiche entreprise de "Premier Oil"


Premier Oil: First Gas from BIG-P, Indonesia
Premier is pleased to announce that it 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.

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.”

About Premier Oil

Premier Oil plc, founded in 1934 and headquartered in London, is a leading independent exploration and production company with significant oil and gas interests and operations in the North Sea, South East Asia, Pakistan and the Falkland Islands. The company produces around 60,000 boepd and it has an existing portfolio of producing, development and exploration opportunities.


Origine : Communiqué Premier Oil

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