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November 30, 2021

Bukit Tua Conventional Oil Field, Indonesia

By Carmen

Bukit Tua is a producing conventional oil field located in shallow water in Indonesia and is operated by PETRONAS Carigali International Sdn. The field is located in block Ketapang.

An expansion project is associated with the Bukit Tua, namely Bukit Tua Phase 2B. This project is currently in the commissioning stage, expected to start in 2021.

Field participation details

The field is owned by Petroliam Nasional and PT Pertamina (Persero).


Production from Bukit Tua

The Bukit Tua conventional oil field recovered 41.43% of its total recoverable reserves, with peak production in 2017. The peak production was approximately 16.61 thousand bpd of crude oil and condensate and 30 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2037. The field currently accounts for approximately 1% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 53.89 Mmboe, comprised of 19.72 Mmbbl of crude oil & condensate and 204.98 bcf of natural gas reserves. Bukit Tua conventional oil field reserves accounts 0.01% of total remaining reserves of producing conventional oil fields globally.


About PETRONAS Carigali International Sdn

PETRONAS Carigali International Sdn Bhd (PETRONAS Carigali) is a Malaysia based oil and gas company. The company is a subsidiary of Petroliam Nasional Berhad (PETRONAS). The company is a fully integrated oil and gas corporation of Malaysian government. The company is engaged in exploration, development and production of oil and gas in Malaysia. The company operates in various areas such as China, North America and Southeast Asia. PETRONAS Carigali is headquartered in Kuala Lumpur, Malaysia. In July 2011, the company made two gas discoveries in the shallow water areas offshore the west coast of Sabah. The first discovery was via the Zuhal East-1 well located in the Samarang Asam Paya Block. The second discovery at the Menggatal-1 well located in Block SB312, about 110km northeast of Kota Kinabalu.

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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.

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