Madura BD is a producing conventional gas field located in shallow water in Indonesia and is operated by Husky-CNOOC Madura. The field is located in block Madura Strait, with water depth of 182 feet.
Field participation details
The field is owned by Cenovus Energy, China National Offshore Oil and Samudra Energy.
Production from Madura BD
The Madura BD conventional gas field recovered 27.18% of its total recoverable reserves, with peak production expected in 2022. The peak production was approximately 6.09 thousand bpd of crude oil and condensate, 92 Mmcfd of natural gas and 5.67 thousand bpd of natural gas liquids. Based on economic assumptions, production will continue until the field reaches its economic limit in 2036. The field currently accounts for approximately 2% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 95.2 Mmboe, comprised of 20.49 Mmbbl of crude oil & condensate, 327.82 bcf of natural gas reserves and 20.07 Mmbbl of natural gas liquid reserves. Madura BD conventional gas field reserves accounts 0.03% of total remaining reserves of producing conventional gas fields globally.
About Husky-CNOOC Madura
Husky Oil (Madura) Limited holds 100% interest in the Madura Strait PSC which is located approximately 40 kilometres north of East Java and covers 2,794 square kilometres of exploration acreage.
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.