View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Market Data
December 6, 2021updated 27 Apr 2022 12:40pm

Offshore North West Java PSC Conventional Oil Field, Indonesia

By Carmen

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 Migas Hulu Jabar and PT Pertamina (Persero).


Production from Offshore North West Java PSC

The Offshore North West Java PSC conventional oil field recovered 86.77% 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 2055. The field currently accounts for approximately 3% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 306.72 Mmboe, comprised of 286.29 Mmbbl of crude oil & condensate and 122.59 bcf of natural gas reserves. Offshore North West Java PSC conventional oil field reserves accounts 0.07% of total remaining reserves of producing conventional oil fields globally.


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.

Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Friday. The industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Offshore Technology