Another Natuna Sea start-up for Premier Oil

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Premier Oil today announced the start-up of gas production from the Pelikan field offshore of Indonesia.

It follows first gas from the Naga field in the same Natuna Sea block in November.

Both projects were brought on-stream to budget, London-based Premier said.

Pelikan and Naga are expected to deliver additional reserves into the Singapore and domestic market under the company’s long term gas contracts.

Premier said it would also give it increased operational flexibility and extra volumes to meet growing market share within existing contracts, as well as – “when the opportunity arises” allowing it to respond to increased Singapore or domestic gas demand.

Premier, with a 28.67% equity stake, operates Natuna Sea Block A on behalf of its partners KUFPEC, Petermina, PTT and Petronas.

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