Sidayu is a producing conventional oil field located in shallow water in Indonesia and is operated by PT Saka Energi Indonesia. The field is located in block Pangkah, with water depth of 49 feet.
Field participation details
The field is owned by PT Pertamina (Persero).
Production from Sidayu
The Sidayu conventional oil field recovered 0.97% of its total recoverable reserves, with peak production expected in 2022. The peak production was approximately 1.25 thousand bpd of crude oil and condensate and 1 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2058.
Remaining recoverable reserves
The field is expected to recover 5.07 Mmboe, comprised of 4.66 Mmbbl of crude oil & condensate and 2.47 bcf of natural gas reserves.
About PT Saka Energi Indonesia
PT Saka Energi Indonesia (PGN Saka), a subsidiary of PT Perusahaan Gas Negara (Persero) Tbk is an upstream oil and gas company engaged in exploration, exploitation and development of energy sources. The company carries out and manages its production and exploration sharing contracts in Pangkah, South Sesulu, Wokam II, Pekawai, Muriah, Ketapang and West Yamdena Blocks, Indonesia; and shale gas block in South Texas, the US. The company is headquartered in Jakarta, Selatan 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.