BUSINESS
September 17, 1997 | Bloomberg News
Unocal Corp. said its Indonesian subsidiary and Mobil Makassar Inc. discovered a well with "significant" natural gas and oil production potential in the Mahakam Delta near Indonesia. Unocal said it successfully tested the Merah Besar No. 6 well, drilled in 2,284 feet of water, and it produced 24.8 million cubic feet of natural gas and 860 barrels of condensate a day from one zone, while two other zones together produced 980 barrels of oil a day.