The field, in the Madura Offshore production-sharing contract area offshore east Java, has been brought on stream ahead of schedule and on budget.
Sanctioned in February 2013, Peluang has been developed as a tie-back to existing facilities at Maleo gas field. It is expected to reach a gross peak production of 25 MMcfd. Gas will be used to supply East Java.
Peluang is the fourth operated asset for Santos in Southeast Asia. The company already has gas production from Oyong and Wortel fields in the nearby Sampang PSC to the west and Maleo field northeast of Peluang in the Madura PSC offshore East Java.
The company has a 67.5% interest in the Madura PSC. Other joint venturers are PC Madura Ltd. and PT Petrogas Pantai Madura.