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Akatara Redevelopment is a conventional gas development located onshore Indonesia and is operated by Jadestone Energy. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, lies in block Lemang. Buy the profile here.

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The project is currently in construction stage and is expected to start commercial production in 2024. Final investment decision (FID) of the project was approved in 2022. The development cost is expected to be $94 m.

Field participation details

The field is owned by Jadestone Energy.

Production from Akatara Redevelopment

Production from the Akatara Redevelopment conventional gas development project is expected to begin in 2024 and is forecast to peak in 2024, Based on economic assumptions, the production will continue until the field reaches its economic limit in 2041.

About Jadestone Energy

Jadestone Energy Inc (Jadestone Energy) is an upstream oil and gas company. It offers onshore and offshore exploration services. It owns and shows interests in the producing Montara project and the Stag oilfield, offshore Western Australia. The company also holds an operates project in the Lemang PSC, onshore Sumatra, Indonesia. The company evaluates, acquires, explores and develops oil and gas properties. The company also carries out business in identifying non-producing assets with resources that can be developed and produced. It has gas development blocks, assets across Australia, Asia Pacific, and Europe. Jadestone Energy is headquartered in Singapore City, Singapore.

For more details on the Akatara Redevelopment Conventional Gas Field, buy the profile here.

This content was updated on 13 November 2023

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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.

This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.