TOTAL S.A.
Indonesia: Two Gas Discoveries in the Southern Part of Mahakam block
Paris - October 10, 2007 - Total announces two new gas discoveries in the
southern part of the offshore Mahakam block, some 45 kilometres from Balikpapan
in Indonesia.
These discoveries lie a few kilometres from the Stupa field and strengthen the
potential of this field. A development plan for the Stupa field was submitted in
July 2007 to the Indonesian authorities.
Both drilled in about 60 metres water depth, the two wells East Mandu-1 and West
Stupa-1 respectively encountered 164 and 72 metres of good quality gas bearing
reservoirs. These two discoveries are planned to be developed in connection with
the development of the Stupa field which shall be sanctioned in the coming
months for an entry into production expected by 2012.
The drilling of the well East Mandu-1 was particularly sensitive regarding the
control of pressures and fluids. Its successful completion was allowed by
Total's technological capacities and the Group's experience gained as operator
of the offshore Mahakam block for the last 36 years. These works were carried
out with the Indonesian company PT Apexindo Pratama Duta Tbk, with which Total
has five drilling rigs in operation in Indonesia.
Total is operator of the Mahakam block with a 50% interest alongside partner
INPEX (50%).
Total in Indonesia:
Present in Indonesia since 1968, Total is the country's leading gas producer.
Production has grown steadily since 1999, and the Group's operated production
now supplies approximately 80% of the feed gas for the Bontang liquefaction
plant from the Mahakam block with the Tambora, Tunu and Peciko gas fields. Total
operated nearly 2.6 billion cubic feet per day of gas production from the
Mahakam block in first-half 2007. Output is expected to be maintained at this
level at least through the early years of the next decade. The Mahakam block is
also a top-tier oil and condensate producer, with output of nearly
90,000 barrels per day in the first half 2007.
* * * * * *
Total is one of the world's major oil and gas groups, with activities in more
than 130 countries. Its 95,000 employees put their expertise to work in every
part of the industry - exploration and production of oil and natural gas,
refining and marketing, gas trading and electricity. Total is working to keep
the world supplied with energy, both today and tomorrow. The Group is also a
first rank player in chemicals. www.total.com
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