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Total SA Starts South Mahakam Production Alongside INPEX CORP


Wednesday, 7 Nov 2012 04:35am EST 

Total SA announce the start-up of its South Mahakam gas condensate project which is being implemented to offset production decline impacting the Mahakam PSC (Production Sharing Contract). Total E&P Indonesie (50%) operates the project alongside INPEX CORP (50%). The project envisages a phased development of three gas condensate fields (Stupa, West Stupa and East Mandu) and two gas fields (Jempang and Metulang). The first phase involves the installation of three platforms and the drilling of nineteen wells. Production is expected to ramp up to reach an average flow rate of 69,000 barrel of oil equivalent per day (boe/d), including 18,000 barrel per day of condensates at the end of 2013. 

Company Quote

1529.0
36.0 +2.41%
22 Sep 2014