Badik is a conventional gas development located in shallow water in Indonesia and is operated by PT Pertamina Hulu Energi Nunukan. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, Badik was discovered in 2010, lies in block Nunukan, with water depth of around 230 feet. Buy the profile here.
The project is currently in approval stage and is expected to start commercial production in 2024.
Field participation details
The field is owned by Bharat Petroleum and PT Pertamina (Persero).
Production from Badik
Production from the Badik conventional gas development project is expected to begin in 2024 and is forecast to peak in 2025, to approximately 1,698 bpd of crude oil and condensate and 60 Mmcfd of natural gas. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2060.
Remaining recoverable reserves
The field is expected to recover 85.91 Mmboe, comprised of 13.61 Mmbbl of crude oil & condensate and 433.79 bcf of natural gas reserves.
About PT Pertamina Hulu Energi Nunukan
PT Pertamina Hulu Energi Nunukan Co (PHEN) is engaged in Oil and gas exploration. The company is headquartered in Jakarta, Indonesia.
For more details on the Badik 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.
