Petronas Starts Production From BTJTB-T2 Well Offshore Indonesia

Thursday, April 14, 2022

Image for illustration only ©GoodVibes - Photo/AdobeStockMalaysian oil and gas company Petronas has achieved its first hydrocarbon from the Bukit Tua Phase-2B’s BTJTB-T2 well located within the Ketapang Block, offshore East Java, Indonesia.  

The BTJTB-T2 well was spudded on September 30, 2021, and drilled to a target depth of 1,890 meters. 

"This milestone is part of the fourth development project after Bukit Tua Phase 1, Phase 2A, and Phase 3. The project aims to produce 12,500 barrels of oil equivalent (boe) per day and 30 million standard cubic feet (mmscf) of gas per day through five development wells," Petronas said.

Petronas Executive Vice President and Chief Executive Officer of Upstream, Adif Zulkifli said, “As a progressive energy and solutions partner, this achievement demonstrates our commitment to deliver safe and reliable supply of energy to Indonesia. The Bukit Tua Phase-2B project's first hydrocarbon will play an important role in contributing to Indonesia's target to achieve one million barrel of oil per day by 2030.”    

Petronas is the operator of the Ketapang Block and holds 80 percent participating interest through its two subsidiaries, PC Ketapang II Ltd and PETRONAS Carigali (Ketapang) Ltd, while the remaining 20 percent is held by PT Saka Ketapang Perdana.    
 

Categories: Energy Industry News Activity Production Asia

Related Stories

Azeri SOCAR Plans New Agreements with Oil and Gas Majors

Fugro Lands Deepwater Gas Field Job in Southeast Asia

CIP, ACEN Partner Up for First Large-Scale Offshore Wind Farm in Philippines

Keyfield Ventures into Indonesia’s Oil and Gas Market with New Partner

Velesto’s Jack-Up Rig Set for Drilling Job off Indonesia

Velesto’s Jack-Up Rig Up for Drilling Job Offshore Vietnam

Indonesia's Medco Starts Production at Natuna Sea Fields

Petrovietnam, Petronas Extend PSC for Offshore Block

All Gas from Conrad’s Mako Field to be Sold to Indonesia’s PLN

CNOOC Starts Production at Offshore Oil Filed Equipped with CCUS Tech

Current News

MODEC, Carbon Clean to Advance FPSO-Mounted Carbon Capture Tech

Aker Solutions, PTAS JV Hooks Brownfield Services Extension off Brunei

CDWE Wraps Up Pin Pile Installation Job for Taiwanese Offshore Wind Farm

BP Expands Oil and Gas Scope in Azerbaijan with New Projects and Exploration Rights

Azeri SOCAR Plans New Agreements with Oil and Gas Majors

TPAO, SOCAR and BP to Ink Caspian Sea Oil and Gas Production Deal

Fugro Lands Deepwater Gas Field Job in Southeast Asia

OMV Exits Ghasha Gas Project off UAE with Lukoil Stake Sale

China's Sinopec Laucnhes $690M Hydrogen Venture Capital Funds

CIP, ACEN Partner Up for First Large-Scale Offshore Wind Farm in Philippines

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com