Offshore North West Java PSC is a producing conventional oil field located in shallow water in Indonesia and is operated by Pertamina Hulu Energi ONWJ. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Offshore North West Java, with water depth of 140 feet. Buy the profile here.
Field participation details
The field is owned by PT Migas Hulu Jabar and PT Pertamina (Persero).
Production from Offshore North West Java PSC
The Offshore North West Java PSC conventional oil field recovered 90.21% of its total recoverable reserves, with peak production in 1984. The peak production was approximately 175.00 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2043. The field currently accounts for approximately 2% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 219.75 Mmboe, comprised of 204.25 Mmbbl of crude oil & condensate and 92.98 bcf of natural gas reserves. Offshore North West Java PSC conventional oil field reserves accounts 0.05% of total remaining reserves of producing conventional oil fields globally.
For more details on the Offshore North West Java PSC Conventional Oil 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.
