Eni said April 26 it has started gas production from the Merakes Project offshore East Kalimantan, Indonesia.
Located in the East Sepinggan Block of the Makassar Strait in the Kutei Basin, the deepwater field consists of five subsea wells with a production capacity of 450 million standard cubic feet per day (MMscf/d), Eni said in a news release. The wells are connected to the Jangkrik floating production unit. Water depth in the area is about 1,500 m.
“We are really proud of the start-up of Merakes, a project which is synergetic with existing operated facilities and is the result of the fruitful collaboration with our partners and with the Indonesian authorities,” Eni CEO Claudio Descalzi said in the release. “Merakes is one of Eni key projects in 2021. It will support the growth of gas production, in line with Eni strategic goals.”
Eni said Merakes gas will be partially sold to the domestic market and will contribute to the extension of the life of the Bontang LNG facility.
With an 65% share ownership through its affiliate, Eni East Sepinggan Ltd, Eni is operator of the block where the project is located. Its partners are Neptune Energy East Sepinggan B.V., 20%; and PT Pertamina Hulu Energi, 15%.
Here’s a quicklist of oil and gas assets on the market including Fairway Resources Oklahoma properties and Kaiser-Francis Oil well package in Louisiana plus the offer from Centennial Resource Production to acquire or farm in certain operated assets in the Permian Basin of Reeves County, Texas.
Here’s a quicklist of oil and gas assets on the market including an Eagle Ford / Austin Chalk well package plus Encore Permian mineral assets across the Midland and Delaware basins and a SandRidge Permian Trust acquisition opportunity.
Here’s a quicklist of oil and gas assets on the market including EOG Resources Reeves County nonop working interest in the Permian Basin plus Unit Petroleum Oklahoma waterflood properties in Oklahoma County and Cross Plains Energy Partners Delaware Basin properties.