Ande Ande Lumut is a heavy oil development located in shallow water in Indonesia and is operated by Mitsui. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, Ande Ande Lumut was discovered in 2000, lies in block Northwest Natuna, with water depth of around 236 feet. Buy the profile here.
The project is currently in feed stage and is expected to start commercial production in 2024. The development cost is expected to be $800 m. The Ande Ande Lumut heavy oil development will includes FPSO and wellhead platforms.
Field participation details
The field is owned by Mitsui and Santos.
Production from Ande Ande Lumut
Production from the Ande Ande Lumut heavy oil development project is expected to begin in 2024 and is forecast to peak in 2025, to approximately 24,750 bpd of crude oil and condensate. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2049.
Remaining recoverable reserves
The field is expected to recover 80.45 Mmboe, comprised of 80.45 Mmbbl of crude oil & condensate.
Contractors involved in the Ande Ande Lumut heavy oil field
Some of the key contractors involved in the Ande Ande Lumut project as follows.
Other Contractors: John Wood Group, Apexindo International, NauticAWT and PT Indonesian Service Bureau
About Mitsui
Mitsui & Co Ltd (Mitsui) is a business conglomerate. It distributes, purchases, markets and supplies wide variety of products in business areas including iron and steel; non-ferrous metals; machinery; electronics; chemicals; energy-related commodities; foods & retail, lifestyle, and consumer service. The company also participates in the other activities such as arranging finance for customers and suppliers in connection with its trading activities, organizing and coordinating international industrial projects, participating in financing, and investing arrangements, assisting in the procurement of raw materials and equipment, providing new technologies and processes for manufacturing and coordinating transportation and marketing of finished goods. It operates in the Americas, EMEA, and Asia-Pacific. Mitsui is headquartered in Tokyo, Japan
For more details on the Ande Ande Lumut Heavy Oil Field, buy the profile here.
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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.
