Merakes East is a conventional gas development located in ultra-deepwater in Indonesia and is operated by Eni East Sepinggan. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, Merakes East was discovered in 2018, lies in block East Sepinggan, with water depth of around 5,222 feet. Buy the profile here.
The project is currently in approval stage and is expected to start commercial production in 2025. The development cost is expected to be $2,140 m.
Field participation details
The field is owned by Eni, Neptune Energy Group and PT Pertamina (Persero).
Production from Merakes East
Production from the Merakes East conventional gas development project is expected to begin in 2025 and is forecast to peak in 2026, to approximately 1,600 bpd of crude oil and condensate and 182 Mmcfd of liquid natural gas. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2034.
Remaining recoverable reserves
The field is expected to recover 38.73 Mmboe, comprised of 2.00 Mmbbl of crude oil & condensate and 220.35 bcf of liquid natural gas reserves.
Contractors involved in the Merakes East conventional gas field
The key contractors involved in the Merakes East project as follows.
Other Contractors: Deep Sea Mooring
For more details on the Merakes East Conventional Gas Field, buy the profile here.