Budi is a producing conventional oil field located onshore Indonesia and is operated by Tately. The field is located in block Palmerah.
Field participation details
The field is owned by Tately.
Production from Budi
The Budi conventional oil field recovered 91.40% of its total recoverable reserves, with peak production in 2014. The peak production was approximately 0.94 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2026.
Remaining recoverable reserves
The field is expected to recover 0.14 Mmboe, comprised of 0.14 Mmbbl of crude oil & condensate and 0.02 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.