SNS Block B PSC is a producing conventional gas field located in shallow water in Indonesia and is operated by Medco E&P Natuna. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block South Natuna Sea Block B, with water depth of 322 feet. Buy the profile here.
Two expansion projects are associated with the SNS Block B PSC conventional gas field, namely the Forel and the Bronang. The expansion projects are currently in the approval stage, targeting start-up during 2023.
Field participation details
The field is owned by Prime Natuna Energy and PT Medco Daya Abadi Lestari.
Production from SNS Block B PSC
The SNS Block B PSC conventional gas field recovered 87.85% of its total recoverable reserves, with peak production in 2010. The peak production was approximately 58.74 thousand bpd of crude oil and condensate, 588.00 Mmcfd of natural gas and 12.00 thousand bpd of natural gas liquids. Based on economic assumptions, production will continue until the field reaches its economic limit in 2040. The field currently accounts for approximately 3% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 148.74 Mmboe, comprised of 27.63 Mmbbl of crude oil & condensate, 606.70 bcf of natural gas reserves and 19.99 Mmbbl of natural gas liquid reserves. SNS Block B PSC conventional gas field reserves accounts 0.05% of total remaining reserves of producing conventional gas fields globally.
Contractors involved in the SNS Block B PSC conventional gas field
Some of the key contractors involved in the SNS Block B PSC project as follows.
Other Contractors: PT Trada Alam Minera, PT Cakra Bahana and MTC Engineering Sdn
For more details on the SNS Block B PSC Conventional Gas Field, buy the profile here.