Abadi is a conventional gas development located in deepwater in Indonesia and is operated by Inpex Masela. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, Abadi was discovered in 2000, lies in block Masela, with water depth of around 1,902 feet. Buy the profile here.
The project is currently in approval stage and is expected to start commercial production in 2031. Final investment decision (FID) of the project will be approved in 2024. The development cost is expected to be $19,800 m. The Abadi conventional gas development will includes FPSO.
Field participation details
The field is owned by Inpex and Shell.
Production from Abadi
Production from the Abadi conventional gas development project is expected to begin in 2031 and is forecast to peak in 2032, to approximately 34,065 bpd of crude oil and condensate, 150 Mmcfd of natural gas and 1,200 Mmcfd of liquid natural gas. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2076.
Remaining recoverable reserves
The field is expected to recover 2,317.63 Mmboe, comprised of 308.05 Mmbbl of crude oil & condensate, 1,245.59 bcf of natural gas reserves and 10,811.85 bcf of liquid natural gas reserves.
Contractors involved in the Abadi conventional gas field
Some of the key contractors involved in the Abadi project as follows.
Design/FEED Engineering: John Wood Group
Other Contractors: PGS, KBR, Fugro, Loews and Chiyoda
About Inpex Masela
Inpex Masela Ltd (Inpex) is engaged in oil and gas production services. It provides natural gas, gasoline, upstream services, midstream services, downstream services and other services. Inpex is headquartered in Jakarta, Indonesia.
For more details on the Abadi Conventional Gas Field, buy the profile here.