These sentences come from external sources and may not be accurate. Read more here. In the English-Danish dictionary you will find more translations.
As the field has matured, reservoir pressure has declined and well productivities have declined. Mechanical wellbore failures have increased because of increased downhole stresses. The lower reservoir pressure has also increased the water vapor content in the gas, and producing wells have started to loadup as flow rates have decreased.
LIMAU, Indonesia Reuters - In a muddy clearing in southern Sumatra, a portable diesel power plant hammers away alongside a wellhead, struggling to extract crude from a depleted reservoir that lies below farmland and rubber plantations. Today, the three Limau blocks squeeze out less than three percent of the oil pumped when output peaked in the s. The management at CNPC is now investigating the deal as part of a sweeping crackdown on official graft by Chinese President Xi Jinping that has destroyed a powerful political rival who once ran the oil giant — Zhou Yongkang. The anti-corruption campaign is cutting a swathe through the senior management ranks at CNPC, with at least a dozen former top managers under arrest.
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Times have changed since that first broadcast. People still listen to radios, but more and more often in North America, we get our news and entertainment via mobile devices Read the Rest.
The gross split PSC, which removes the cost recovery element and directly splits all production between the government and participants, was introduced in late to stimulate investment in upstream oil and gas in Indonesia by streamlining the regulation of the sector. Reportedly, by the end ofnine mature licenses will be under the gross split PSC, with Pertamina appointed as the sole participant subject to back in rights from the local governments. So far, the only major commitments under the new contract have been from Pertamina.