ConocoPhillips Logs Pay at Suban Field offshore Indonesia

ConocoPhillips reports success with the Suban-8 delineation well on the southwest flank of the Suban gas field, located on the Corridor PSC of South Sumatra, Indonesia.

The well spudded Oct. 3, 2002, and reached total depth of 3,147 meters on November 23. The well successfully tested a separate fault block adjacent to and southwest of the main Suban Field. The well encountered a gross pay section in excess of 400 meters thick, and tested at a maximum rate of 35 million standard cubic feet of gas per day and 163 barrels of condensate per day through a 52/64-inch choke.

ConocoPhillips Indonesia is continuing to appraise and develop the Suban gas field. Gas from the field is currently sold to Caltex's Duri steamflood project located in central Sumatra.

ConocoPhillips, operator, has a 54 percent interest; Talisman (Corridor) Ltd., a wholly owned indirect subsidiary of Talisman Energy Inc., has a 35 percent interest; and Pertamina has a 10 percent interest.