View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Market Data
November 23, 2021updated 27 Apr 2022 12:02pm

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), Kodeco Energy and PT Mandiri Madura Barat.


Production from West Madura Offshore PSC

The West Madura Offshore PSC conventional gas field recovered 94.36% 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 2026. The field currently accounts for approximately 1% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 11.01 Mmboe, comprised of 1.67 Mmbbl of crude oil & condensate and 56.02 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.

Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Friday. The industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Offshore Technology