Offshore North West Java PSC is a producing conventional oil field located in shallow water in Indonesia and is operated by Pertamina Hulu Energi ONWJ. The field is located in block Offshore North West Java, with water depth of 140 feet.
Field participation details
The field is owned by PT Pertamina (Persero) and PT Migas Hulu Jabar.
Production from Offshore North West Java PSC
The Offshore North West Java PSC conventional oil field recovered 87.23% of its total recoverable reserves, with peak production in 1984. The peak production was approximately 175 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2043. The field currently accounts for approximately 3% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 292.35 Mmboe, comprised of 233.48 Mmbbl of crude oil & condensate and 353.23 bcf of natural gas reserves. Offshore North West Java PSC conventional oil field reserves accounts 0.06% of total remaining reserves of producing conventional oil fields globally.
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.