BIG-P gas project : Premier Oil draws first gas from Indonesian gas project
Premier Oil has achieved first gas from the Bison, Iguana and Gajah Puteri project (BIG-P gas project) in the Natuna Sea Block A located offshore Indonesia.
The UK-based oil and gas company said that the two-year Indonesian gas project was wrapped up on schedule and significantly under the budget.
Premier Oil expects the recoverable reserves of the BIG-P gas project to be more than the 93 BCF (gross) estimated at sanction following the successful three-well drilling program which intersected additional productive sands.
Production from the new Indonesian gas project is tied back into the existing Natuna Sea Block A infrastructure, also operated by Premier Oil, and will underpin the long-term gas sales contracts of the company into Singapore.
Premier Oil draws first gas from the BIG-P gas project in the Natuna Sea Block A, offshore Indonesia. Photo courtesy of Premier Oil.
Tony Durrant – Chief Executive of Premier Oil, commenting on the first gas from the BIG-P gas project, said: “This is further evidence of Premier’s ability to execute full cycle projects from exploration through to production. BIG-P increases the deliverability from our operated Natuna Sea Block A enabling us to meet a growing market share within our existing gas contracts.”
Premier Oil is the operator of the Natuna Sea Block A with a 28.67% interest. Its partners in the offshore Indonesian block are Kufpec, Petronas, Pertamina, and PTTEP.