Upcoming & Ongoing Projects

SALAMANDER - Bontang Production Sharing Contract (PSC)

Source:  Writer:  Time Distribution:2012-6-15

 

Name of Client SALAMANDER ENERGY
Estimated Budget ($ US) 1,200,000,000
Facility Type Exploration
Sector Oil
Gas
Offshore
Status EPC
Location Kutei Basin, east of Kalimantan

Project Status:

Salamander Energy was awarded the Production Sharing Contract (PSC) for the exploration of the Bontang PSC in August 2006. The exploration period expires at the end of 2010. The block is located across 2,185 square kilometres (sq km) of transition zone in the North Kutei basin, East Kalimantan, Indonesia. About 1,077 sq km lies onshore, 1, 007 sq km on the shelf and 100 sq km in deepwater. The Bontang LNG plant is contained within the block.

An initial 3D seismic survey, which was completed in 2007, had identified a number of prospects under a modern day shelf break. Salamander Energy completed further seismic surveys in 2008 and will drill the Angklung-1 exploration well in the first half of 2010. Angklung has gross mean resource potential of 125 million barrels of oil equivalent (mmboe).

The Bontang PSC also contains the Tutung discovery, made by Total in the early 1980's. The operator drilled two appraisal wells on this structure in 2008, one of which demonstrated the potential commerciality of the accumulation. The Tutung Alpha-3 appraisal well will be drilled in the second half of 2010 as a final step pre-submission of a plan of development (POD). The operator said the 2010 work program comprises the drilling of the Angklung-1 exploration well and the Tutung Alpha-3 appraisal well.

On 26 August 2010, Salamander Energy said preparations for the drilling of the Angklung-1 exploration well are at an advanced stage and the well is expected to spud in the third quarter of 2010. The drilling of the well has been delayed due to a lengthy tendering process and limited availability of a suitable floating rig. The operator has signed a letter of intent (LOI) and has completed contract negotiations with Japan Drilling Company (JDC) for the Hakuryu 5 semi-submersible rig, currently docked in Singapore. The rig is expected to commence the tow to location during September 2010. The Angklung prospect holds an estimated resource of 125 mmboe. Multiple follow-on prospects have been identified from the 3D seismic data with resource potential in excess of 500 mmboe. Further drilling is planned in the Bontang PSC in 2011.(Topco)

 

Organizer
Co-presenter
Operator
Strategic Supporters

Ministry Of Commerce Of China
aState Administration of Taxation
Supply Chain Council
API
Key Equip Office, China Machinery Industry Federation
China General Machinery Industry Association
China Petroleum & Petrochemical Equipment Industry Association
Jiangsu Association of Petrochemical Equipment
Research Ins. of Economics and Tech, Sinopec
Research Ins. of Economics and Tech, CNPC
CNPC
Sinopec
CNOOC
BP
Shell
Statoil
Chevron
Aramco
Roral
BARIVEN
ANADARKOA
Roc Oil
YPF
BASF
BASF-YPC
Dow
Bayer
Exxon Mobil
Changqing Oilfield
Schlumberger
Weatherford
HALLIBURTON
COSL
Saipem
Fluor
Amec
Petrofec
Kvaerner
Technip
HQC
CPECC
Cameron
BGP
Beijing Petroleum Machinery Factory
Baoji Oilfield Machinery
Honghua Group
Lilin Petroleum Machinery
Forenergy  Inspection

SHK
China Sufa

WUZHOU VALVE
Fangzheng Valve
Neway Valve
Morimatsu
Suzhou Douson Pressure Control
China First Heavy Machinery Group
China Second Heavy Machinery Group
LTI Steel Wire Rope

Beijing HTN Pipeline Equipment
Jiangsu Jinshi Machinery
Shandong Kerui Group
Freet
CPTDC
TFI
Accenture
IBM
Siemens
CSCS
UPS 
DHL
COSCO Logistics
SINOTRANS
Agility
Huayou Logistics
BDP
CEVA
IBM
Jinneng Law Firm
Wikborg Rein & Co. Law Firm
BV
Import & Export Bank of China
Chaoda Valve
China Petroleum Pipeline Bureau
Shanghai Lankelec
NOV Tuboscope
Henan Tianfon Energy-saving Panel Co.,ltd
VETZ Valve

Sinopec Oilfield Service Corporation

Dialog Group

AMEC China

Order List

1.Oil equipment, accessories

 

2.Steel pipe, valves, wellhead equipment etc 

 

3.heat exchangers, pressure vessels, towers, reactors, steel model, and bulk materials (valves, fittings etc)

 

4.Upstream exploration materials and equipment

 

5.Project supplies

 

6.Upstream construction and operation equipment, supplies, services

 

7.Petrochemical, chemical industry related products

 

8.Steel, equipment, piping materials etc

 

9.Oilfield equipment and materials

 

10.Oil equipment, pipes, and other refining equipment

 

11.Oil and gas projects supplies,equipment and products

 

12.Oil and gas refining and chemical supplies

 

13.Pressure vessels, structures (such as various brackets, rails, grille, aluminum structure etc), plumbing, electrical instruments, internal outfitting,rope for anchor

 

14.Petrochemical materials

 

15.Fittings, flanges, seals and other MRO materials, pipeline, construction equipment, I / E

 

16.Steel, pipe fittings, valves and other oil supplies

 

17.Pipe Lines, OCTGs, Drilling Chemicals, Valves, Pressure Vessels, Cables etc

 

18.Upstream construction and operation equipment,supplies, services

 

19.Steel, pipe fittings, valves, corrosion products, electrical power equipment etc

 

20.Equipment and materials

 

21.Steel, bulk material of electrical instrumentation , cables, polyvinyl fluoride, safety equipment, building decoration, water treatment systems, control panels, generators, lifting machines, cranes, hoses, hose fittings  

 

22.Equipment and materials

 

23.Oil and gas gathering and transportation, oil and gas processing, long-distance pipelines, offshore engineering, petroleum refining, petrochemical, oil and gas reservoirs and other large projects supplies

 

24.Petrochemical, textile and chemical fiber, coal chemical industry, environmental engineering, construction and other project materials

 

25.Petroleum Machinery,equipment and material

 

26.Pipes and valves and other products

 

27.Fittings, valves, refractory

 

28.Steel, pipe fittings, valves etc.

 

29.Oil and gas projects supplies,equipment and products

 

30.Oil equipment, accessories

 

31.Steel pipe, valves, wellhead equipment etc 

 
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