Ridho is a producing conventional oil field located in shallow water in Indonesia and is operated by PT Odira Energy Karang Agung. The field is located in block Karang Agung.
Field participation details
The field is owned by PT Pertamina (Persero).
Production from Ridho
The Ridho conventional oil field recovered 25.32% of its total recoverable reserves, with peak production in 2021. The peak production was approximately 0.22 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2056.
Remaining recoverable reserves
The field is expected to recover 0.96 Mmboe, comprised of 0.96 Mmbbl of crude oil & condensate.
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.