Indonesia
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Backed with the intention of promoting new investments in the oil and gas upstream industry, Indonesia's minister of energy and mineral resources recently enacted a new regulation to replace the 13-year-old regulation on upstream oil and gas data management and use.
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The Japanese operator will submit a development plan to the Indonesian government within the next few weeks, with FID for the $20-billion project coming around 2022. Abadi LNG is projected to deliver 9.5 mtpa of LNG.
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Conventional oil and gas discovered resources in 2019 are on pace to rise 30% from last year and reach their highest level since the beginning of the industry downturn. Here, a recap of the first quarter's 15 biggest oil and gas discoveries, which altogether are propelling the increase.
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Aerial surveillance of oil and gas operations can help in decision-making and lead to quick and appropriate responses to deal with potentially detrimental matters.
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This paper reviews the efforts to exploit CBM resources in Indonesia, the challenges these efforts have faced, and possible solutions that can make operations more efficient and profitable.
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Although multiple-zone, downhole sand-control-tool systems have been in use since the early 1990s, these systems have been designed for jobs that require only low pump rates with low pressure differentials.
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VICO Indonesia is the operator of the Sanga-Sanga production-sharing contract (PSC) in Indonesia.
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