Madura AC is a conventional gas development located in shallow water in Indonesia and is operated by Husky-CNOOC Madura. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, Madura AC was discovered in 2012, lies in block Madura Strait, with water depth of around 321 feet. Buy the profile here.
The project is currently in commissioning stage and is expected to start commercial production in 2023. Final investment decision (FID) of the project was approved in 2021. The Madura AC conventional gas development will includes mobile offshore production unit (MOPU).
Field participation details
The field is owned by Cenovus Energy, China National Offshore Oil and Samudra Energy.
Production from Madura AC
Production from the Madura AC conventional gas development project is expected to begin in 2023 and is forecast to peak in 2025, to approximately 41 Mmcfd of natural gas. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2047.
Remaining recoverable reserves
The field is expected to recover 33.00 Mmboe, comprised of 198.00 bcf of natural gas reserves.
About Husky-CNOOC Madura
Husky Oil (Madura) Limited holds 100% interest in the Madura Strait PSC which is located approximately 40 kilometres north of East Java and covers 2,794 square kilometres of exploration acreage.
For more details on the Madura AC 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.
