Jakarta puts gas blocks up for bid
Indonesia indonesia-cbm-drilling
The ministry will invite bids for East Kalimantan’s Batu Ampar shale block through a regular tender, while the two other blocks – the Bungamas and Raja coalbed methane assets – are up for bid through a direct offer mechanism. The latter are located onshore in South Sumatra.
The Ministry of Energy and Mineral Resources puts Indonesia’s hypothetical shale gas reserves at 16.3 tcm (574 tcf), the majority of which, 6.6 tcm (233 tcf), can be found on Sumatra, followed by Kalimantan with 5.5 tcm (195 tcf), Western New Guinea with 2.5 tcm (90 tcf) and Java, where resources are estimated at 1.35 tcm (48 tcf). The remainder is found in various other locations.
The Energy Information Agency, in a 2013 report, recorded the country’s technically recoverable shale gas resources at 1.3 tcm (47 tcf) out of 8.6 tcm (303 tcf) in place.
Recent Posts
Petronas makes discovery off Suriname
Petronas has made a third oil and gas discovery in Suriname's offshore Block 52, the Malaysian company announced on Wednesday Read More
Japan’s JERA slates $32 billion for LNG, renewables, new fuels
Japanese power generation player JERA on Thursday announced plans to invest USD 32 billion in LNG, renewables and new fuels… Read More
Chevron planning UK North Sea exit
Chevron is planning to exit its North Sea operations after 55 years of activity in the oil hotspot, Reuters reported… Read More
Seatrium wins yet more FPSO work in Guyana
Seatrium has been awarded a contract by SBM Offshore for the topsides fabrication and integration of an additional FPSO vessel… Read More
Diamond Offshore seals $350-million Gulf of Mexico deal
Diamond Offshore has secured a USD 350-million extension for an ultra-deepwater drillship deployed for Anadarko Petroleum in the US Gulf… Read More
ExxonMobil makes deepwater discovery off Angola
ExxonMobil has made a discovery in the Angolan deepwater, the country's energy regulator announced on Monday Read More