Govt to activate aging fields under new regulation
The Jakarta Post
PREMIUM To optimize the country's crude oil production, the government will activate 5,000 aging fields under the newly issued 2008 Minister Regulation, says an official. "There are more than 13,000 aging fields in the country, 5,000 of which could produce 5,000 to 12,000 barrels per day (bpd)," director general for oil and gas Luluk Sumiarso said Friday. The regulation was issue...