INDONESIA EXTENDS CALTEX AGREEMENT

PT Caltex Pacific Indonesia has extended its production sharing agreement with Indonesia's Pertamina covering the Rokan block in Central Sumatra for 20 years to 2021. The 9,898 sq km contract area (see map, OGJ, June 10, 1991, p. 15) includes Indonesia's two largest producing fields, Minas and Duri. Caltex, jointly owned by Texaco Inc. and Chevron Corp., is a contractor to Pertamina and produces 700,000 b/d of oil from four contract areas in Central Sumatra. More than 600 000 b/d of

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