INDONESIA - Pepua - BP.

APS Review Gas Market Trends | March 7, 2005 | Copyright

The frontier province of West Papua (ex-Irian Jaya), where an exploration well can cost up to $40m, has become an important gas zone. Arco, taken over by BP in 1999, found gas fields in the Wiriagar and Berau Blocks in Bintuni Bay, in the west of Papua. The most important is Wiriagar Deep, a super-giant with over 13 TCF of gas in a Pre-Tertiary formation which only has 10% CO2, found in 1995. In 1997, Arco teamed up with British Gas (BGI) which found a huge gas field at Vorwata, adjacent to Wiriagar in the Muturi Block. The two fields are connected. In 1998, Arco took another ...

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