Mahakam PSC is a producing conventional gas field located in shallow water in Indonesia and is operated by PT Pertamina Hulu Mahakam. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Mahakam block, with water depth of 297 feet. Buy the profile here.
An expansion project is associated with the Mahakam PSC, namely the Handil WF. This project is currently in the approval stage.
Field participation details
The field is owned by PT Pertamina (Persero).
Production from Mahakam PSC
The Mahakam PSC conventional gas field recovered 95.00% of its total recoverable reserves, with peak production in 2006. The peak production was approximately 91.36 thousand bpd of crude oil and condensate and 2,983.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2035. The field currently accounts for approximately 9% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 263.82 Mmboe, comprised of 71.75 Mmbbl of crude oil & condensate and 1,152.47 bcf of natural gas reserves. Mahakam PSC conventional gas field reserves accounts 0.09% of total remaining reserves of producing conventional gas fields globally.
Contractors involved in the Mahakam PSC conventional gas field
The key contractors involved in the Mahakam PSC project as follows.
Other Contractors: Apexindo International
About PT Pertamina Hulu Mahakam
Pt. Pertamina Hulu Mahakam specialises in contracted and fee-based geophysical, geological, as well as other oil and gas drilling services. It is headquartered in Indonesia.
For more details on the Mahakam PSC 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.
