Production expected to rise at ConocoPhillips' gas field in Indonesia

01/21/2010 | Reuters

Indonesian energy watchdog BPMIGAS said it projects natural gas production from ConocoPhillips' North Belut field to increase from 265 million cubic feet per day to 315 million cubic feet daily. The field also generates 20,000 barrels of oil per day. ConocoPhillips holds a 40% interest in the project and operates it, while Japan's Inpex and Chevron control the remaining shares.

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