Corridor Block PSC Oil and Gas Fields

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Summary Information

  • Operator: MedcoEnergi
  • Country: Indonesia
  • Location: 2.16 Corridor PSC, South Sumatra
  • Production start: 2002
  • Partners: Repsol
  • Type: Oil and Gas
  • Estimated Reserves:
  • Production Volume:

Description

  • The Corridor Block PSC is located in South Sumatra and covers a contract area of 911 square miles. The PSC was awarded in 1983 and is scheduled to expire in 2023.
  • The block consists of five oil fields and seven natural gas fields. The principal oil-producing fields are Puyuh and Supat, and the principal gas fields are Suban, Sumpal and Dayung.
  • Natural gas is sold through long-term contracts to the domestic and Singapore markets.
  • Unitization of the Suban natural gas field was finalized in 2011.

Contractors

  • -

History

  • 1983 - PSC awarded
  • 1999 - Suban gas field discovered
  • 2002 - Suban gas field came on stream
  • 2007 - Suban, phase 2 gas processing plant inaugurated
  • 2015 - Repsol acquired Talisman and became a partner
  • 2021 - Conocophillips sold its stake to MedcoEnergi

Geology

Links

  1. Fact Sheet
  2. Indonesia Exploration And Production Blocks
  3. Gulf Indonesia, Talisman and Pertamina Confirm Suban Natural Gas Discovery
  4. Indonesian President Inaugurates 3 Upstream Oil And Gas Projects
  5. Talisman Indonesia Well on Production at 150 mmcf/d
  6. Repsol reaches an agreement with Talisman Energy to acquire the Canadian oil company
  7. ConocoPhillips Announces Agreement to Sell Indonesia Assets for $1.355 Billion and Provides Notice that it is Exercising its Preemption Right to Purchase Up to an Additional 10% Shareholding Interest in APLNG
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