Arung-Nowera is a conventional gas development located onshore Indonesia and is operated by PT Medco E&P Indonesia. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, Arung-Nowera was discovered in 2013, lies in block South and Central Sumatra. Buy the profile here.
The project is currently in approval stage and is expected to start commercial production in 2023.
Field participation details
The field is owned by PT Medco Daya Abadi Lestari.
Production from Arung-Nowera
Production from the Arung-Nowera conventional gas development project is expected to begin in 2023 and is forecast to peak in 2026, to approximately 7,910 bpd of crude oil and condensate and 40 Mmcfd of natural gas. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2051.
Remaining recoverable reserves
The field is expected to recover 72.75 Mmboe, comprised of 39.37 Mmbbl of crude oil & condensate and 200.30 bcf of natural gas reserves.
For more details on the Arung-Nowera Conventional Gas 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.
