ARCO confirms giant Indonesian gas strike

The drillship Deep Sea Ice is shown here on the Berau block off Irian Jaya, where ARCO drilled 11 appraisal wells-most offshore-for its Wiriagar/Berau find, renamed Tangguh by Indonesian President Suharto. Photo courtesy of ARCO. ARCO's Big Gas Strike Off Irian Jaya ARCO has found a world-class natural gas field off Irian Jaya that consolidates the importance of Indonesia to the company's future while setting the stage for another major liquefied natural gas export project in that country. ARCO's huge gas field off western Irian Jaya contains proved and probable reserves of more than 13 tcf of gas, making it one of the largest gas finds in...

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