Two recent exploration wells, Hitam Besar-2 and Hijau Besar-3, confirmed the presence of significant oil and natural gas potential in the deepwater area of the Mahakam Delta which is covered by the Makassar Strait
Production Sharing Contract (PSC).
This includes development of the Pailin gas field and Yala oil field in the Gulf of Thailand and the West Seno oil field in the Makassar Strait
offshore East Kalimantan.
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The Merah Besar field is located on the East Kalimantan and Makassar Strait
Earlier on Tuesday, Jusman Syafi'i Djamal, the Indonesian transport minister, said investigators were trying to determine why the captain had ignored warnings not to cross the Makassar Strait
because of tropical Cyclone Charlotte.
A wildcat drilled by Unocal in 14 days in the Makassar Strait
Donggala PSC in the Kutei Basin has encountered about 25m of net gas pay.
Exxonmobil would develop natural gas on Natuna islands with a total invesment of about US$3 billion, while Unocal would make an investment of about US$2 billion for the development of its activities in the Makassar Strait
The Palmerah Baru onshore block in South Sumatra and Jambi; the Sakti offshore block in Central Java and East Java; the North Madura II offshore block; the North East Madura VI offshore block; the Anugerah offshore block in East Java; the East Bontang onshore and offshore blocks in East Kalimantan, and the North Adang offshore block in Makassar Strait
, are among the blocks being offered through direct bids.
The first well of a 28-well development program spudded from the Tension-Leg Platform, TLP-A, located in the Makassar Strait
in approximately 3,200 feet (975 meters) of water.
NAERSNES, Norway & HOUSTON -- TGS-NOPEC Geophysical Company has commenced the acquisition of a new non-exclusive 2D survey in waters of Indonesia's Makassar Strait
, South East Asia.
It found the Berukang offshore field in early 1995 in the Makassar Strait
some 7 km north-east of the Serang field.
JAKARTA - Indonesian mining and construction service company PT Petrosea Tbk (JSX:PTRO) has won a US$10 million contract to build an oil production facility in the Makassar strait
off South Sulawesi.