Siak PSC is a producing conventional oil field located onshore Indonesia and is operated by PT Pertamina Hulu Energi Siak. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Siak. Buy the profile here.
An expansion project is associated with the Siak PSC, namely the Kumis. This project is currently in the approval stage.
Field participation details
The field is owned by PT Pertamina (Persero).
Production from Siak PSC
The Siak PSC conventional oil field recovered 61.08% of its total recoverable reserves, with peak production in 2002. The peak production was approximately 2.41 thousand bpd of crude oil and condensate and 5.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2081.
Remaining recoverable reserves
The field is expected to recover 10.58 Mmboe, comprised of 10.58 Mmbbl of crude oil & condensate.
For more details on the Siak 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.
