Mako is a conventional gas development located in shallow water in Indonesia and is operated by West Natuna Exploration. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, Mako was discovered in 1999, lies in block Duyung, with water depth of around 361 feet. Buy the profile here.
The project is currently in approval stage and is expected to start commercial production in 2025. Final investment decision (FID) of the project will be approved in 2023. The development cost is expected to be $303 m. The Mako conventional gas development will involve the drilling of approximately four wells and includes wellhead platform.
Field participation details
The field is owned by Conrad Petroleum, Coro Energy and Empyrean Energy.
Production from Mako
Production from the Mako conventional gas development project is expected to begin in 2025 and is forecast to peak in 2030, to approximately 157 Mmcfd of natural gas. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2052.
Remaining recoverable reserves
The field is expected to recover 90.06 Mmboe, comprised of 540.37 bcf of natural gas reserves.
Contractors involved in the Mako conventional gas field
Some of the key contractors involved in the Mako project as follows.
Design/FEED Engineering: PT Synergy Engineering
Other Contractors: China National Offshore Oil
For more details on the Mako 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.
