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  1. Market Data
May 12, 2022

Paku Gajah Conventional Gas Field, Indonesia

By Carmen

Paku Gajah is a producing conventional gas field located onshore Indonesia and is operated by PT Pertamina EP.

Field participation details

The field is owned by PT Pertamina (Persero).


Production from Paku Gajah

The Paku Gajah conventional gas field recovered 68.28% of its total recoverable reserves, with peak production in 2018. The peak production was approximately 1.1 thousand bpd of crude oil and condensate and 67 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2030.


Remaining recoverable reserves

The field is expected to recover 10.27 Mmboe, comprised of 1.27 Mmbbl of crude oil & condensate and 53.99 bcf of natural gas reserves.


About PT Pertamina EP

Pertamina EP is in the business of extracting crude oil. The company’s business focuses on the exploration, development, and/or production of petroleum from wells in which the hydrocarbons will initially flow or can be produced using standard or enhanced drilling and extraction techniques, as well as the production of crude petroleum from surface shales or tar sands. The company is headquartered in Indonesia.

Methodology

Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.

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