Lengo gasfield development project, Indonesia
Name and Location
Lengo gasfield development project, East Java, Indonesia.
Client
KrisEnergy holds a 42.5% operated working interest in the Bulu production- sharing contract (PSC) and is partners with AWE (42.5%), PT Satria Energindo (10%) and PT Satria Wijayakusuma (5%).
Project Description
The government of Indonesia has approved the development plan for the Lengo gasfield, in the Bulu PSC off the shore of East Java.
The Bulu PSC covers 697 km2 in three separate areas – Bulu A, Bulu B and Bulu C – in the East Java basin, in water depths of 50 m to 60 m.
The Lengo gas discovery, in the Bulu A area, will be developed through four development wells and an unmanned wellhead platform. A 20-inch, 65 km export pipeline will transport the gas directly to shore.
Production is expected to plateau at 70-million cubic feet a day.
Value
Not stated.
Duration
Production is expected to start about 24 months after the joint venture partners declare a final investment decision.
Latest Developments
None stated.
Key Contracts and Suppliers
None stated.
On Budget and on Time?
Not stated.
Contact Details for Project Information
KrisEnergy head of investor relations and corporate communications Tanya Pang, tel +65 6838 5430 or
email tanya.pang@krisenergy.com.
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