Sidayu is a producing conventional oil field located in shallow water in Indonesia and is operated by PT Saka Energi Indonesia. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Pangkah, with water depth of 49 feet. Buy the profile here.
Field participation details
The field is owned by PT Pertamina (Persero).
Production from Sidayu
The Sidayu conventional oil field recovered 10.72% of its total recoverable reserves, with peak production in 2022. The peak production was approximately 1.25 thousand bpd of crude oil and condensate and 1.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2058.
Remaining recoverable reserves
The field is expected to recover 4.57 Mmboe, comprised of 4.21 Mmbbl of crude oil & condensate and 2.21 bcf of natural gas reserves.
About PT Saka Energi Indonesia
PT Saka Energi Indonesia (PGN Saka), a subsidiary of PT Perusahaan Gas Negara (Persero) Tbk is an upstream oil and gas company which includes exploration, exploitation and development of energy sources. Its services include upstream oil and gas business and investment, covering the exploration, development of energy resources, exploitation services. The company carries out and manages its production and exploration sharing contracts in Pangkah, South Sesulu, Wokam II, Pekawai, Muriah, Ketapang and West Yamdena Blocks, Indonesia; and shale gas block in South Texas, the US. The company is headquartered in Jakarta, Selatan Indonesia.
For more details on the Sidayu Conventional Oil Field, buy the profile here.