First Gas from BIG-P, Offshore Indonesia

December 3, 2019

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

Lottery System to Decide Who Wins Rights to Giant Danish Offshore Wind Farm

Lottery System to Decide Who Wins Rights to Giant Danish Offshore Wind Farm

Lebanon Re-launches Second Offshore Oil and Gas Round

Lebanon Re-launches Second Offshore Oil and Gas Round

Thai Oil Firm PTT Expands Pharma Business with $475M Alvogen Deal

Thai Oil Firm PTT Expands Pharma Business with $475M Alvogen Deal

U.S. Interior Department Set to Release Federal Oil Leasing Review

U.S. Interior Department Set to Release Federal Oil Leasing Review

Subscribe for OE Digital E‑News

Offshore Engineer Magazine