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November 23, 2021

West Madura Offshore PSC Conventional Gas Field, Indonesia

By Carmen

West Madura Offshore PSC is a producing conventional gas field located in shallow water in Indonesia and is operated by PT Pertamina (Persero). The field is located in block West Madura, with water depth of 197 feet.

Field participation details

The field is owned by PT Pertamina (Persero), PT Mandiri Madura Barat and Kodeco Energy.


Production from West Madura Offshore PSC

The West Madura Offshore PSC conventional gas field recovered 74.32% of its total recoverable reserves, with peak production in 2010. The peak production was approximately 20.54 thousand bpd of crude oil and condensate and 168 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2043. The field currently accounts for approximately 1% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 62.38 Mmboe, comprised of 5.08 Mmbbl of crude oil & condensate and 343.83 bcf of natural gas reserves. West Madura Offshore PSC conventional gas field reserves accounts 0.02% of total remaining reserves of producing conventional gas fields globally.


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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