Acacia Bagus-Ganta is a producing conventional gas field located onshore Indonesia and is operated by PT Pertamina (Persero). According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, Buy the profile here.
An expansion project is associated with the Acacia Bagus-Ganta, namely the Acacia Bagus-Ganta Development. This project is currently in the approval stage.
Field participation details
The field is owned by PT Pertamina (Persero).
Production from Acacia Bagus-Ganta
The Acacia Bagus-Ganta conventional gas field recovered 36.52% of its total recoverable reserves, with peak production in 2020. The peak production was approximately 2.63 thousand bpd of crude oil and condensate and 5.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2052.
Remaining recoverable reserves
The field is expected to recover 8.87 Mmboe, comprised of 7.33 Mmbbl of crude oil & condensate and 9.23 bcf of natural gas reserves.
About PT Pertamina (Persero)
PT Pertamina (Persero) is a state-owned integrated energy company. It has operations across the energy value chain from upstream to downstream. Its upstream operations include exploration, development, and production of oil and natural gas. The company also provides upstream technology, drilling, and well maintenance services; and develops geothermal energy, coal bed methane (CBM), and shale gas. Pertamina's downstream operations include refining, marketing, trading, and distribution of fuel, lubricants, liquefied petroleum gas, petrochemical products, and other non-fuel products to domestic and international markets. The company has operations in Malaysia, Iraq, Algeria, Italy, France, Myanmar, Canada, Congo, Tanzania, Gabon, Colombia, Namibia, and Venezuela. Pertamina is headquartered in Jakarta, Indonesia.
For more details on the Acacia Bagus-Ganta Conventional Gas Field, buy the profile here.