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MENAFN - Saudi Press Agency - 08/11/2012

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(MENAFN - Saudi Press Agency) French energy company Total announced it started production at a gas project in shallow water off the Indonesian coast two months ahead of schedule.

Total said it started production at the South Makaham gas condensate project, meant to offset production decline elsewhere in the region, according to a report of the United Press International (UPI).

Total said it envisions developing a total of five different gas regions within the project, located about 30 miles off the coast of Indonesia in 170 feet of water. Production by the end of next year should reach 69,000 barrels of oil equivalent per day, including 18,000 barrels per day of condensates.

 






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