View all newsletters
Receive our newsletter – data, insights and analysis delivered to you
  1. Market Data
April 28, 2022

Badik Conventional Gas Field, Indonesia

By Carmen

Badik is a conventional gas development located in shallow water in Indonesia and is operated by PT Pertamina Hulu Energi. Discovered in 2010, Badik lies in block Nunukan, with water depth of around 230 feet.

The project is currently in approval stage and is expected to start commercial production in 2024.

Field participation details

The field is owned by PT Pertamina (Persero), Bharat Petroleum and Videocon Industries.


Production from Badik

Production from the Badik conventional gas development project is expected to begin in 2024 and is forecast to peak in 2037, to approximately 1,698 bpd of crude oil and condensate and 60 Mmcfd of natural gas. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2052.


Remaining recoverable reserves

The field is expected to recover 83.03 Mmboe, comprised of 12.82 Mmbbl of crude oil & condensate and 421.26 bcf of natural gas reserves.


About PT Pertamina Hulu Energi

PT Pertamina Hulu Energi, is a downstream energy company that carries out the exploration, development, production, processing and transportation of oil and natural gas. The company is headquartered in South Jakarta, Indonesia.

Methodology

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.

Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Friday. The industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU