Corridor PSC is a producing conventional gas field located onshore Indonesia and is operated by PT Medco Energi Internasional. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Corridor. Buy the profile here.
Field participation details
The field is owned by PT Medco Daya Abadi Lestari, PT Pertamina (Persero) and Repsol.
Production from Corridor PSC
The Corridor PSC conventional gas field recovered 78.53% of its total recoverable reserves, with peak production in 2010. Based on economic assumptions, production will continue until the field reaches its economic limit in 2045. The field currently accounts for approximately 7% of the country’s daily output.
About PT Medco Energi Internasional
PT Medco Energi Internasional Tbk (MedcoEnergi), a subsidiary of PT Medco Daya Abadi Lestari, is an integrated energy company. It explores and develops oil and gas fields, produces and trades chemicals. The company also provides energy related services such as engineering procurement and construction (EPC), equipment leasing, operation and maintenance, energy trading and support services for oil and gas business. It also operates oil and gas fields through various agreements, including production sharing contracts, technical assistance contracts, and joint operating bodies. The company has its operations in Africa, Asia, the Middle East and North America. MedcoEnergi is headquartered in Jakarta, Indonesia.
For more details on the Corridor PSC Conventional Gas Field, buy the profile here.