Indonesia's natural gas producers surpass government output targets

Indonesia’s upstream oil and gas regulator BPMigas said 14 of the 56 production-sharing contract holders operating in the country have exceeded their government targets for natural gas production.

ExxonMobil Corp. topped the list of producers with production of 417 MMscfd, 89.18 MMscfd higher than its target.

Chevron Indonesia Co. came in second with 141 MMscfd, surpassing its production target of 87 MMscfd.

Premier Oil Natuna Sea BV followed with production of 145 MMscfd, 18 MMscfd higher than its target.

Santos (Madura Offshore) Pty. Ltd. produced 119 MMscfd, 16.87 MMscfd higher than its target.

Pertamina Hulu Energi-West Madura Offshore produced 157 MMscfd compared with its target of 149 MMscfd.

Other companies producing above their targets include: Energy Equity EPIC (Sengkang) Pty. Ltd.; Kalila (Bentu) Operator Pty. Ltd.; Triangle (Pase); JOB P-PetroChina East Java; JOB P-Costa Int. Group Ltd, PHE–ONWJ; Medco E&P Ind. (S&C Sumatra); Kangean Energy Ind. Ltd.; and PetroChina Int. (Bermuda) Ltd.

Indonesia’s gas production stands at 8,460 MMscfd, about 700 MMscfd higher than the target of 7,769 MMscfd.

Contact Eric Watkins at hippalus@yahoo.com.

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