Subang is a producing conventional gas field located onshore Indonesia and is operated by PT Pertamina EP.
An expansion project is associated with the Subang, namely Bambu Besar. This project is currently in the approval stage.
Field participation details
The field is owned by PT Pertamina (Persero).
Production from Subang
The Subang conventional gas field recovered 51.46% of its total recoverable reserves, with peak production in 2020. The peak production was approximately 5.17 thousand bpd of crude oil and condensate and 385 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2057. The field currently accounts for approximately 4% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 290.69 Mmboe, comprised of 21.68 Mmbbl of crude oil & condensate and 1,614.04 bcf of natural gas reserves. Subang conventional gas field reserves accounts 0.10% of total remaining reserves of producing conventional gas fields globally.
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.