Lengo is a conventional gas development located in shallow water in Indonesia and is operated by KrisEnergy Holdings. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, Lengo was discovered in 2008, lies in block Bulu, with water depth of around 197 feet. Buy the profile here.
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The project is currently in approval stage and is expected to start commercial production in 2027. Final investment decision (FID) of the project will be approved in 2024. The development cost is expected to be $550 m. The Lengo conventional gas development will involve the drilling of approximately four wells and includes wellhead platform.
Field participation details
The field is owned by Criterium Energy, KrisEnergy, PT Satria Wijaya Kusuma and Pt. Satria Gemareksa.
Production from Lengo
Production from the Lengo conventional gas development project is expected to begin in 2027 and is forecast to peak in 2028, Based on economic assumptions, the production will continue until the field reaches its economic limit in 2046.
Contractors involved in the Lengo conventional gas field
Some of the key contractors involved in the Lengo project as follows.
Design/FEED Engineering: PT Synergy Engineering
Other Contractors: Nordic Maritime, PT Alamjaya Makmur Sejahtera and Java Offshore Sdn
About KrisEnergy Holdings
KrisEnergy Holdings Ltd (KrisEnergy) is an independent upstream company that production and development of oil and gas in the basins. The company discovers, appraises, develops and produces hydrocarbon resources. It services comprise development and production of identifying potential prospects, exploration, appraisal, discovery and commercialization services. Its producing assets comprise B9A, B8 32, G10 48 and G11 48 oil and gas fields in the Gulf of Thailand and the Bangora gas field in Block 9, onshore Bangladesh, two oil development projects that include G6 48 in the Gulf of Thailand and Block A offshore Cambodia, and others. The company has its operations in Bangladesh, Thailand, Vietnam, Indonesia and others. KrisEnergy is headquartered in Singaporex.
For more details on the Lengo Conventional Gas Field, buy the profile here.
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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.
