Indonesia - Future Prospects.Indonesia has enjoyed one of the highest success rates in exploration drilling activity for natural gas, not only in the number of discoveries made but also in the volumes added per new well drilled. New gas volumes have been added at an average of about 2 TCF See Trenton Computer Festival. per annum Per annum
Yearly. . It is reasonable to suppose that these levels could continue for some time to come since exploration in many of the petroliferous Petroliferous is a word used to describe a rock or geologic formation containing or yielding petroleum.
See Bituminous rocks basins remains far from maturity. Deeper drilling in established areas has revealed new discoveries. However, the rate of oil discoveries has been low in recent years. There is not likely to be a major change for the better unless the government improves E&P incentives to foreign companies. Exploration in frontier areas, like Irian Jaya Irian Jaya, province, Indonesia: see Papua. , is hindered by lack of infrastructure and mountainous, jungle-clad terrain. Several parts of the Indonesian archipelago, especially in Central Sumatra, are areas of high geothermal gradient. Thermal destruction of hydrocarbons may occur at relatively shallow depths. Nevertheless, there should be scope for investigating deeper objectives in many of the established basins. So far as is known, the main targets in most of Indonesia have been either structural or reefal plays, i.e. targets clearly defined by four-way closures. There would appear to be potential for more subtle stratigraphic stra·tig·ra·phy
The study of rock strata, especially the distribution, deposition, and age of sedimentary rocks.
strat plays which have had low priority in the past. With the advent of 3D seismic it is to be expected that more arcane traps may be targeted. The types of deltaic sand bodies which form so many of the reservoirs in Indonesian fields are likely to be fruitful targets for providing additional reserves that can be accessed with modern drilling technology. Exploration Background: Oil exploration in this archipelago began in the past century. Crude oil had been produced since 1893, when the islands were ruled by the Dutch. An independent republic of Indonesia was first proclaimed in 1945 and the war for independence from Dutch rule ended in 1949, when Indonesia finally assumed control over vast resources. Pertamina, the state concern set up after the war, took over all the fields and in the 1960s began making its own discoveries. It offered many of its marginal fields to foreign companies and some local firms for EOR EOR - exclusive or operations and further development. It also offered large unexplored areas to foreign oil companies. Caltex was one of the foreign companies which had explored for oil in Central Sumatra before independence. It discovered the Duri giant in 1941 and Minas Minas may refer to: