Pondok Makmur is a producing conventional oil field located onshore Indonesia and is operated by PT Pertamina EP. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Tambun. Buy the profile here.
Field participation details
The field is owned by PT Pertamina (Persero).
Production from Pondok Makmur
The Pondok Makmur conventional oil field recovered 92.14% of its total recoverable reserves, with peak production in 2015. The peak production was approximately 1.38 thousand bpd of crude oil and condensate and 21.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2039.
Remaining recoverable reserves
The field is expected to recover 0.95 Mmboe, comprised of 0.41 Mmbbl of crude oil & condensate and 3.24 bcf of natural gas reserves.
About PT Pertamina EP
Pertamina EP is in the business of extracting crude oil. The company's business focuses on the exploration, development, and/or production of petroleum from wells in which the hydrocarbons will initially flow or can be produced using standard or enhanced drilling and extraction techniques, as well as the production of crude petroleum from surface shales or tar sands. The company is headquartered in Indonesia.
For more details on the Pondok Makmur Conventional Oil Field, buy the profile here.