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  1. Market Data
May 5, 2022

Tanjung Laban Conventional Oil Field, Indonesia

By Carmen

Tanjung Laban is a producing conventional oil field located onshore Indonesia and is operated by PT Pertamina (Persero).

Field participation details

The field is owned by PT Pertamina (Persero).


Production from Tanjung Laban

The Tanjung Laban conventional oil field recovered 96.48% of its total recoverable reserves, with peak production in 1987. The peak production was approximately 4.24 thousand bpd of crude oil and condensate and 2 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2034.


Remaining recoverable reserves

The field is expected to recover 0.7 Mmboe, comprised of 0.52 Mmbbl of crude oil & condensate and 1.05 bcf of natural gas reserves.


About PT Pertamina (Persero)

PT Pertamina (Persero) (Pertamina) is a state-owned integrated energy company. It has operations across the energy value chain from upstream to downstream. Its upstream operations include exploration, development and production of oil and natural gas. The company also provides upstream technology, drilling and well maintenance services; and develops geothermal energy, coal bed methane (CBM) and shale gas. Pertamina’s downstream operations include refining, marketing, trading and distribution of fuel, lubricants, liquefied petroleum gas, petrochemical products and other non-fuel products to domestic and international markets. The company has operations in Malaysia, Iraq, Algeria, Italy, France, Myanmar, Canada, Congo, Tanzania, Gabon, Colombia, Namibia and Venezuela. Pertamina is headquartered in Jakarta, 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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