An international company`s gas strategy in the Far East and its related offshore operations: A case history
This exploration and production strategy for gas was first developed in the late 60`s when Indonesia was rightly perceived as being a country with large, geologically promising and almost untouched offshore acreage. First oil, and later gas, discoveries were made in the Mahakam Delta Basin of Kalimantan, and very large gas fields were developed in response to a fast growing market for LNG, especially in Japan and the Far East. Thereafter, a proactive search for opportunities in several countries was started, and this led to a concentration on fields in Thailand and Myanmar that had been already discovered but had not been developed because of specific technical difficulties and/or marketing uncertainties. The risks and challenges of these projects are discussed, including the replacement of reserves in a mature area (Mahakam), the production of thin, numerous and structurally complicated reservoirs (Bongkot, Thailand), and the resolution of commercial problems (Myonmar). These challenges were successfully dealt with by the application of a combination of modern geoscientific technologies, the integration of separate disciplines and the introduction of cost-reduction measures.
- OSTI ID:
- 136650
- Report Number(s):
- CONF-950501-; TRN: IM9552%%192
- Resource Relation:
- Conference: 27. offshore technology conference, Houston, TX (United States), 1-4 May 1995; Other Information: PBD: 1995; Related Information: Is Part Of 27. Annual Offshore Technology Conference: 1995 Proceedings. Volume 1: Geology, earth sciences and environmental factors; PB: 541 p.
- Country of Publication:
- United States
- Language:
- English
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