BPMigas Welcomes Indonesian President at Sisi, Nubi Fields

Indonesia Offshore Fields
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BPMigas has reported that Indonesian President Susilo Bambang Yudhoyono inaugurated the Sisi and Nubi gas and condensate fields on Friday, July 4, 2008. Both areas will produce 300-350 million cubic feet a day (MMSCFD) of gas in end 2008.

The volume will add Total E&P Indonesia's production to 2.6 billion cubic feet a day to 2011, Energy and Mineral Resources Minister Purnomo Yusgiantoro said in a speech at a contract signing and water and housing complex in Senipah, East Kalimantan, on Friday, July 4.

Total has spent US$ 1.1 billion to develop the fields. Total E&P and Inpex expect to invest US$6 billion over the next five years at the Mahakam block.

The Sisi-Nubi fields required 400 workers during exploration and drilling, 3,200 during construction and 150 for the daily operations.


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