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November 25, 2021updated 27 Apr 2022 12:16pm

SNS Block B PSC Conventional Gas Field, Indonesia

By Carmen

SNS Block B PSC is a producing conventional gas field located in shallow water in Indonesia and is operated by Medco E&P Natuna. The field is located in block South Natuna Sea Block B, with water depth of 322 feet.

Five expansion projects are associated with the SNS Block B PSC conventional gas field, namely Forel, Malong, Bronang, Belida and Hiu. The expansion projects are currently in the approval and construction stage.

Field participation details

The field is owned by PT Medco Daya Abadi Lestari and Prime Natuna Energy.


Production from SNS Block B PSC

The SNS Block B PSC conventional gas field recovered 91.63% of its total recoverable reserves, with peak production in 2010. The peak production was approximately 58.74 thousand bpd of crude oil and condensate, 588 Mmcfd of natural gas and 12 thousand bpd of natural gas liquids. Based on economic assumptions, production will continue until the field reaches its economic limit in 2031. The field currently accounts for approximately 3% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 96.61 Mmboe, comprised of 30.15 Mmbbl of crude oil & condensate, 303.62 bcf of natural gas reserves and 15.86 Mmbbl of natural gas liquid reserves. SNS Block B PSC conventional gas field reserves accounts 0.03% of total remaining reserves of producing conventional gas fields globally.


Contractors involved in the SNS Block B PSC conventional gas field

Some of the key contractors involved in the SNS Block B PSC project as follows.

Other Contractors: MTC Engineering Sdn, PT Cakra Bahana and PT Trada Alam Minera

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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