Arung-Nowera is a conventional gas development located onshore Indonesia and is operated by PT Medco E&P Indonesia. Discovered in 2013, Arung-Nowera lies in block South and Central Sumatra.
The project is currently in approval stage and is expected to start commercial production in 2023.
Field participation details
The field is owned by PT Medco Daya Abadi Lestari and othres.
Production from Arung-Nowera
Production from the Arung-Nowera conventional gas development project is expected to begin in 2023 and is forecast to peak in 2026, to approximately 7,910 bpd of crude oil and condensate and 40 Mmcfd of natural gas. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2051.
Remaining recoverable reserves
The field is expected to recover 72.75 Mmboe, comprised of 39.37 Mmbbl of crude oil & condensate and 200.3 bcf of natural gas reserves.
Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.