Total Indonesia Unit Sees Lower Gas Output At Mahakam Block In 2017

Reuters

JAKARTA, Dec 7 (Reuters) - Total E&P Indonesie, a unit of French oil major Total, said it expects gas output at its Mahakam block to be 1.43 billion cubic feet per day (bcfd) in 2017 against 1.64 bcfd this year.

"Next year Mahakam is in decline. This year our realization was higher than estimated," Arividya Noviyanto, a communications official at Total E&P Indonesie, told reporters.

Oil production at the block is expected to be 53,000 barrels per day (bpd) in 2017 against 64,000 bpd this year.

(Reporting by Wilda Asmarini; Editing by Tom Hogue)

Copyright 2017 Thomson Reuters. Click for Restrictions.

WHAT DO YOU THINK?

Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE



Most Popular Articles

From the Career Center
Jobs that may interest you
Project Manager, USA
Expertise: Project Management
Location: United States
 
Assistant Treasurer
Expertise: Accounting|Financial Analyst
Location: Houston, TX
 
Financial Analyst - Finance and Investor Relations
Expertise: Accounting|Financial Analyst|Legal
Location: Dallas, TX
 
search for more jobs

Brent Crude Oil : $50.8/BBL 0.47%
Light Crude Oil : $47.97/BBL 0.56%
Natural Gas : $3.08/MMBtu 0.98%
Updated in last 24 hours