Indonesia: Premier Oil to start output from BIG-P fields at 2019 end

UK oil and gas firm Premier Oil expects to start producing gas from three fields in the Natuna Sea Block A offshore Indonesia at the end of 2019.

The jack-up rig “HAKURYU-11” / Image Copyright: Japan Drilling Co.,Ltd.

The Natuna Sea Block A already has developed and producing fields from which Premier delivers gas via a pipeline to Singapore. The company is now working to develop three additional fields known as BIG-P – Bison, Iguana and Gajah Puteri.

This project was sanctioned in 2017 and comprises a three well subsea tie back to existing infrastructure.

In an operational update on Thursday, Premier Oil said it: “Premier continues to expect first gas from the Bison, Iguana, and Gajah-Puteri fields in Indonesia at the end of this year.”

Offshore Energy Today last week reported that Premier had spudded an offshore well in Indonesia using the Hakuryu-1 jack-up rig. This has now been confirmed by Premier who said that the well in question is the first of three development wells to be drilled at the Bison field.

According to data on Premier Oil’s website, together, these fields are expected to increase gross deliverable reserves to Singapore by around 100 Bcf.

Elsewhere in Indonesia, Premier is conducting exploratory works in the Andaman II license which it had secured in 2018. Norwegian seismic firm started the 3D seismic program in the Andaman Sea and Premier expect the survey to be completed later in May.

“The data will be used to mature the prospects identified on 2D data on Premier’s operated Andaman II license,” Premier said on Thursday.

The company has previously said that the Andaman II license had the potential to deliver significant gas volumes into North Sumatra and added a potentially material gas play to Premier’s Indonesian portfolio.

Worth noting, while the company’s production overall has grown so far this year boosted by a contribution from the UK assets, Premier Oil’s production in Indonesia year to date was around 11.8 kboepd, a drop compared to 13.9 kboepd in the corresponding period of 2018.

Explaining the drop, Premier oil said: “Lower Indonesia production against the prior corresponding period also reflects the sale of the Group’s interest in the Kakap PSC in April 2018.”

Offshore Energy Today Staff


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