Documente Academic
Documente Profesional
Documente Cultură
OPERATIONAL EXCELLENCE
• Premium natural gas pricing:
55% of gas production is realizing liquids-
linked pricing
Average $10.65 / mscf (2Q 2013)
Ongoing gas sales agreement price re-
negotiation potential
• Several facility upgrades are nearing
completion
Letang, Tengah and Rawa fields (LTRO)
reactivated and currently producing 30
Suban gas plant, Corridor PSC
mmscf/d
Sumpal Expansion – new dehydration train
will double capacity to 310MMscf/d (194
MMscf/d sales)
Increase processing capacity of the Central
Grissik Plant from 310 MMscf/d to 460
MMscf/d and install compression at Dayung
Further potential expansion at Suban to be
appraised in 2014 drilling program, will
deliver significant reserve upside
JAMBI MERANG
TLM block
Other block
Oil pipeline
Gas pipeline
Prospect
Phase 1
• Principle customers are Chevron (at $10/mmbtu) and
Jabung PSC PLN (at $5.4/mmbtu)
• 2D & 3D seismic programs ongoing and further
exploration wells scheduled
Phase 2 Expansion
• Project sanction expected early 2014
Jambi Merang PSC
• Pre-sanction phase
FEED underway
Confirming additional reserves
• Facilities expansion project anticipated to deliver:
Corridor PSC
Additional 60 mmscf/d of sales gas
Up to 2 mboe/d of additional condensate
LPG production of up to 8 mboe/d
Robust regional gas market delivers sound economics