Howes
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Second Wallace E. Pratt Memorial Conference "Petroleum Provinces of the 21st Century" January 12-15, 2000 San Diego, California Future Petroleum Production from Indonesia and Papua New Guinea 1 by J. V. C. Howes 2 Deep water systems and natural gas are two sectors that will likely show significant production growth within the next decade in Indonesia and Papua New Guinea. At least six deep water areas are poised for further petroleum exploration, and a number of large gas projects are awaiting development. Frontier exploration, innovative enhanced recovery techniques, production from gas hydrates, and use of gas-to-liquids technology could unlock additional large petroleum volumes for exploitation in the region over the longer term. More than 55 billion BOE of ultimate reserves have been discovered to date in the two countries, reservoired in about 1,000 fields within >50 separate proven petroleum systems. Of this total, at least 12.5 billion BOE (75 TCF) of discovered gas reserves await development offshore Natuna Island, onshore and offshore Irian Jaya, and in the Fold and Thrust Belt of Papua New Guinea. Planned infrastructure to exploit these resources, such as the proposed international gas-export pipeline from Papua New Guinea to Queensland, will spur future activity in these relatively high cost and remote areas. Significant increases in activity and production potential can also be expected in offshore deepwater areas, such as the Makassar Straits in Indonesia, where recent oil and gas discoveries have been made in water depths approaching 1,000 meters. In addition to proven petroleum systems, at least 50 lightly explored to unexplored speculative petroleum systems exist, both onshore and offshore, with the highest potential for future production likely from frontier areas in Eastern Indonesia and Papua New Guinea. 1 Copyright © 2000 by AAPG. Presented at the 2nd Wallace E. Pratt Memorial Conference, January 12-15, 2000, San Diego, CA. 2 Atlantic Richfield Indonesia, Inc., Plano, TX.
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Second Wallace E. Pratt Memorial Conference"Petroleum Provinces of the 21st Century"
January 12-15, 2000San Diego, California
Future Petroleum Production fromIndonesia and Papua New Guinea 1
by J. V. C. Howes 2
Deep water systems and natural gas are two sectors that will likely showsignificant production growth within the next decade in Indonesia and PapuaNew Guinea. At least six deep water areas are poised for further petroleumexploration, and a number of large gas projects are awaiting development.Frontier exploration, innovative enhanced recovery techniques, productionfrom gas hydrates, and use of gas-to-liquids technology could unlockadditional large petroleum volumes for exploitation in the region over thelonger term.
More than 55 billion BOE of ultimate reserves have been discovered to datein the two countries, reservoired in about 1,000 fields within >50 separateproven petroleum systems. Of this total, at least 12.5 billion BOE (75 TCF) ofdiscovered gas reserves await development offshore Natuna Island, onshoreand offshore Irian Jaya, and in the Fold and Thrust Belt of Papua NewGuinea. Planned infrastructure to exploit these resources, such as theproposed international gas-export pipeline from Papua New Guinea toQueensland, will spur future activity in these relatively high cost and remoteareas. Significant increases in activity and production potential can also beexpected in offshore deepwater areas, such as the Makassar Straits inIndonesia, where recent oil and gas discoveries have been made in waterdepths approaching 1,000 meters. In addition to proven petroleum systems, atleast 50 lightly explored to unexplored speculative petroleum systems exist,both onshore and offshore, with the highest potential for future productionlikely from frontier areas in Eastern Indonesia and Papua New Guinea.
1 Copyright 2000 by AAPG. Presented at the 2nd Wallace E. Pratt Memorial Conference, January 12-15, 2000, San Diego, CA.
2 Atlantic Richfield Indonesia, Inc., Plano, TX.
