West Madura Offshore PSC is a producing conventional gas field located in shallow water in 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, the field is located in block West Madura, with water depth of 197 feet. Buy the profile here.
Field participation details
The field is owned by Kodeco Energy, PT Mandiri Madura Barat and PT Pertamina (Persero).
Production from West Madura Offshore PSC
The West Madura Offshore PSC conventional gas field recovered 95.01% of its total recoverable reserves, with peak production in 2010. The peak production was approximately 20.54 thousand bpd of crude oil and condensate and 168.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2026. The field currently accounts for approximately 1% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 9.91 Mmboe, comprised of 3.75 Mmbbl of crude oil & condensate and 36.97 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 West Madura Offshore PSC Conventional Gas 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.
