G. Alan Petzet Exploration Editor
Jabung block - Indonesia [88,211 bytes]
Jabung block - Betara complex, Indonesia [95,300 bytes]
A group led by Santa Fe Snyder Corp., Houston, has a large oil and gas exploration and production project taking shape in Indonesia's South Sumatra basin.
Exploration on the Jabung Block has identified 300-400 million bbl of crude oil, condensate, and liquified petroleum gases and approximately 1 tcf of salable methane in five fields.
Two of the fields are producing oil. The group will submit a plan to Pertamina shortly covering oil and gas development in the other three fields and expansion of one ...