PT Pertamina EP Area Sangatta & Bunyu is a producing conventional oil field located onshore Indonesia and is operated by PT Pertamina (Persero). According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, Buy the profile here.
Field participation details
The field is owned by PT Pertamina (Persero).
Production from PT Pertamina EP Area Sangatta & Bunyu
The PT Pertamina EP Area Sangatta & Bunyu conventional oil field recovered 89.53% of its total recoverable reserves, with peak production in 2012. The peak production was approximately 9.22 thousand bpd of crude oil and condensate and 10.00 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 16.50 Mmboe, comprised of 15.41 Mmbbl of crude oil & condensate and 6.55 bcf of natural gas reserves.
About PT Pertamina (Persero)
PT Pertamina (Persero) is a state-owned integrated energy company. It has operations across the energy value chain from upstream to downstream. Its upstream operations include exploration, development, and production of oil and natural gas. The company also provides upstream technology, drilling, and well maintenance services; and develops geothermal energy, coal bed methane (CBM), and shale gas. Pertamina's downstream operations include refining, marketing, trading, and distribution of fuel, lubricants, liquefied petroleum gas, petrochemical products, and other non-fuel products to domestic and international markets. The company has operations in Malaysia, Iraq, Algeria, Italy, France, Myanmar, Canada, Congo, Tanzania, Gabon, Colombia, Namibia, and Venezuela. Pertamina is headquartered in Jakarta, Indonesia.
For more details on the PT Pertamina EP Area Sangatta & Bunyu 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.
