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- W57677240 abstract "A favorable combination of operating and economic factors is responsible for accelerating activity on the Indonesian island of Sumatra. In addition to increased offshore activity in the S. China Sea, Straits of Malacca and Indian Ocean, interest in onshore areas on the E. side of Sumatra (as shown by a base map) is almost unprecedented. The reasons for this interest include the following: (1) an elongated 91,000 sq mile sedimentary basin with numerous structures and proven reserves runs the entire length of Sumatra, and extends off shore; (2) paraffin-base crude normally found is of excellent quality-medium to high gravity with low sulfur content; (3) good production occurs at shallow depths to (5,000 ft) and drilling problems are not serious; (4) new production-sharing agreements between the government and operators make reworking of abandoned, older fields and secondary recovery programs highly attractive; (5) prospects are excellent for farmouts from the government oil company PN Pertambangan Minjak Nacional (Pertamina); (6) Indonesian politics are stable, government agreements with companies are fair, and security guarantees are provided operators; and (7) proximity of oil-hungary Japan virtually assures an excellent market." @default.
- W57677240 created "2016-06-24" @default.
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- W57677240 date "1969-05-01" @default.
- W57677240 modified "2023-09-24" @default.
- W57677240 title "Excellent gas/oil potential boosts Sumatra activity" @default.
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