Banyu Urip Complex is a producing conventional oil field located onshore Indonesia and is operated by PT Pertamina EP Cepu. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Cepu. Buy the profile here.
Two expansion projects are associated with the Banyu Urip Complex conventional oil field, namely the Kedung Keris Development and the Banyu Urip Development. The expansion projects are currently in the feasibility and construction stage.
Field participation details
The field is owned by Exxon Mobil, PT Asri Dharma Sejahtera, PT Blora Patragas Hulu, PT Pertamina (Persero), PT Petro Gas Jatim Utama Cendana and PT Sarana Patra Hulu Cepu.
Production from Banyu Urip Complex
The Banyu Urip Complex conventional oil field recovered 57.37% of its total recoverable reserves, with peak production in 2020. Based on economic assumptions, production will continue until the field reaches its economic limit in 2045. The field currently accounts for approximately 9% of the country’s daily output.
See Also:
Contractors involved in the Banyu Urip Complex conventional oil field
The key contractors involved in the Banyu Urip Complex project as follows.
Other Contractors: PT Pertamina (Persero)
For more details on the Banyu Urip Complex Conventional Oil Field, buy the profile here.
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