Announcements by the Directorate General of Oil and Gas (MIGAS) for new Production Sharing Contracts (PSCs) in Indonesia has manifest a sense of urgency to evaluate potential acreage in the Makassar Straight. Hydrocarbon shows in the new Blocks are limited, but the geology of the Makassar Strait suggests that a petroleum system is actively charging reservoirs in the region. Confirmation of a working petroleum system however, is essential prior to acquiring or drilling this acreage. Such confirmation can be cost effectively derived, pre-drill, from seabed geochemical coring, heat-flow probe measurements and paleontologically dated seafloor cores. |
Makassar Strait Study Area |
Surface Geochemical Exploration (SGE) Study: Acoustic Profiling: Select Paleontological Sampling: Pre-acquisition subscription cost per participant for SGE program: USD $185,000. Download program participation agreement form in Adobe PDF format N.B. These prices are exclusive of paleontological analysis and heat flow probes as well as local imposts and taxes. Prices are valid through 31 January 2002. Added discount of 10% for those companies participating by 31 December 2001. |