MAXUS OIL FLOW BUILDING OFF SE SUMATRA

Maxus Energy Corp., Dallas, is ahead of schedule with plans to increase oil production in Indonesia to 200,000 b/d from Intan and Widuri fields in the Southeast Sumatra production sharing contract area. Following installation of a permanent processing facility, Maxus began producing a gross 80,000 b/d of oil from Widuri Platform A. Intan Platforms A and B already were producing a gross 45,000 b/d. Maxus plans very soon to start production from Widuri Platforms B, C, and D, lifting Intan and

Dec. 24, 1990

2 min read

Following installation of a permanent processing facility, Maxus began producing a gross 80,000 b/d of oil from Widuri Platform A.

Intan Platforms A and B already were producing a gross 45,000 b/d.

Maxus plans very soon to start production from Widuri Platforms B, C, and D, lifting Intan and Widuri production to 200,000 b/d.

Operator Maxus owns a 56% interest in the contract area through an agreement with Pertamina, Indonesia's state oil company. Other interests are held by BP Petroleum Development (SES) Ltd., C. Itoh Energy Development Co. Ltd., Deminex Sumatra OEL GmbH, Repsol Exploracion SA, Hudbay Oil (Indonesia) Ltd., Inpex Sumatra Ltd., Lasmo Sumatra Ltd., Sunda Shell NV, TCR Sumatra AG, and Warrior Oil Co.

Production from all fields in the contract area is expected to average a gross 240,000 b/d during 1991, up from 95,000 b/d this year. If oil prices in the Southeast Sumatra contract area average $20/bbl during 1991, net production to Maxus would be 56,500 b/d.

Including production from Intan and Widuri fields, Maxus' net oil production worldwide during 1991 is scheduled to increase by about 50% from the 1990 level.