Area Drilling

IndonesiaPertamina discovered gas and oil at new wells in Gunung Kemala village in the Muara Enim district of South Sumatra.Production could begin as early as 2004 from the field, which holds 590 bcf of gas and 230 million bbl of oil, OPEC News Agency reported.Pertamina manages 55 south Sumatran fields, 32 of which are active. A spokesman said the wells on the active structures are estimated to have 120 million bbl of oil and 3.68 tcf of gas and produce 14,000 b/d of oil and 250 MMcfd of gas.IranMalaysia's state Petronas Carigali Overseas Sdn. Bhd. acquired a 30% interest in the onshore Munir block from Edison International and Lundin Munir Ltd.The acquisition leaves Edison with 40% a...

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