Langgak PSC is a producing conventional oil field located onshore Indonesia and is operated by PT Sarana Pembangunan Riau. The field is located in block Langgak.
Field participation details
The field is owned by Kingswood Capital and PT Sarana Pembangunan Riau.
Production from Langgak PSC
The Langgak PSC conventional oil field recovered 61.53% of its total recoverable reserves, with peak production in 2005. The peak production was approximately 0.62 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2055.
Remaining recoverable reserves
The field is expected to recover 2.44 Mmboe, comprised of 2.44 Mmbbl of crude oil & condensate.
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.