Oyong is a producing conventional gas field located in shallow water in Indonesia and is operated by Medco Energi Sampang. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Sampang, with water depth of 149 feet. Buy the profile here.
Field participation details
The field is owned by China National Petroleum, OG Oil & Gas and PT Medco Daya Abadi Lestari.
Production from Oyong
The Oyong conventional gas field recovered 96.73% of its total recoverable reserves, with peak production in 2010. The peak production was approximately 3.43 thousand bpd of crude oil and condensate and 60.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2026.
Remaining recoverable reserves
The field is expected to recover 1.08 Mmboe, comprised of 6.46 bcf of natural gas reserves.
About Medco Energi Sampang
Medco Energi Sampang Pty Ltd (Medco Energi) specializes in the exploration,development and production of oil and gas. Medco Energi is headquartered in Australia.
For more details on the Oyong 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.
