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  1. Market Data
April 28, 2022

Puspa Conventional Gas Field, Indonesia

By Carmen

Puspa is a conventional gas development located onshore Indonesia and is operated by PT Pertamina EP. Discovered in 2009

The project is currently in approval stage and is expected to start commercial production in 2022.

Field participation details

The field is owned by PT Pertamina (Persero).


Production from Puspa

Production from the Puspa conventional gas development project is expected to begin in 2022 and is forecast to peak in 2023, to approximately 45 Mmcfd of natural gas. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2039.


Remaining recoverable reserves

The field is expected to recover 21.88 Mmboe, comprised of 131.26 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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