Tarakan PSC is a producing conventional oil field located onshore Indonesia and is operated by PT Medco E&P Tarakan. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Tarakan. Buy the profile here.
An expansion project is associated with the Tarakan PSC, namely the Tarakan Development. This project is currently in the feasibility stage.
Field participation details
The field is owned by PT Medco Daya Abadi Lestari.
Production from Tarakan PSC
The Tarakan PSC conventional oil field recovered 92.62% of its total recoverable reserves, with peak production in 2008. Based on economic assumptions, production will continue until the field reaches its economic limit in 2036.
See Also:
Contractors involved in the Tarakan PSC conventional oil field
The key contractors involved in the Tarakan PSC project as follows.
Other Contractors: TGS-NOPEC Geophysical
For more details on the Tarakan PSC Conventional Oil Field, buy the profile here.
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