First Gas from BIG-P, Offshore Indonesia

Premier Oil, the UK-based gas and oil company, announced 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, it said.

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, said: “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.”

Premier, with a 28.67 per cent interest, operates Natuna Sea Block A on behalf of Kufpec, Petronas, Pertamina & PTTEP.

Current News

Floatel Secures Longer Stay for Accommodation Rig off Australia

Floatel Secures Longer Stay fo

Industry Consortium to Asses Floating Nuclear Plants for Mediterranean Sea

Industry Consortium to Asses F

Longitude Lines Up More Work at Shell’s West Delta Deep Concession off Egypt

Longitude Lines Up More Work a

MeyGen Tidal Energy Tech Sets New Operational Record

MeyGen Tidal Energy Tech Sets

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine