Corridor Block PSC Oil and Gas Fields

From A Barrel Full
Revision as of 15:23, 24 October 2023 by Abarrelfull (talk | contribs)
Jump to navigation Jump to search

Summary Information

  • Operator: MedcoEnergi
  • Country: Indonesia
  • Location: 2.16 Corridor PSC, South Sumatra
  • Production start:
  • 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
  • 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. 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