Koi oil field partners ready for pre-FEED

RH Petrogas says testing has been completed of the Koi-2 oil field appraisal well offshore Indonesia.

Feb 24th, 2014

Offshore staff

SINGAPORE – RH Petrogas says testing has been completed of the Koi-2 oil field appraisal well offshore Indonesia.

The well was drilled in 32 m (105 ft) water depth in the Salawati Kepala Burung production-sharing contract (Island PSC), operated by JOB Pertamina-PetroChina Salawati, a venture between Pertamina and PetroChina.

The partners have agreed to conduct a preliminary front-end engineering and design (pre-FEED) study to evaluate the development design and concept for the field.

Francis Chang, CEO of RH Petrogas, said: “We are extremely excited about the successful appraisal of the Koi-2 well. This opens up several analogous opportunities in the offshore area of the Island PSC.”

02/24/2014

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