Indonesian Regulators Approve Paus Biru Gas Field Plan

Wednesday, August 26, 2020

Indonesian oil and gas regulators have approved the plan of development of the Paus Biru offshore gas field in the East Java Basin.

The field is located in the Medco-operated Sampang offshore block, in the Madura Strait,  off Madura Island, Indonesia. Apart from the Paus Biru field, the offshore block also contains the producing Oyong and Wortel fields.

Cue Energy, a partner in the project has said that SKK Migas, the Indonesian upstream regulator, has now given its approval for the development of the field.

The field was discovered by Ophir Energy in December 2018 during successful drilling of the Paus Biru-1 exploration well. Medco then became the operator after buying Ophir Energy in 2019.

The approved plan of development consists of a single horizontal development well with an unmanned wellhead platform (WHP), connected by a subsea pipeline to the existing WHP at the Oyong field, approximately 27km away.

From the Oyong WHP, gas from Paus Biru will be transported using the existing pipeline to the Grati Onshore Production Facility, which is operated by the Sampang PSC joint venture, where it will be processed. 

The joint venture will now proceed into the Front End Engineering and Design (FEED) phase and negotiation of gas sales agreements. A Final Investment Decision (FID) for the development is expected to be taken by the joint venture mid-2021, with first gas expected late 2022. 

Cue Energy CEO Matthew Boyall: "Paus Biru development planning will proceed through FY21 with a Final Investment Decision targeted for Q4 and first gas expected in calendar year 2022. This development will not only provide its own cashflow to Cue but also support and extend the existing production from Oyong and Wortel."

Categories: Technology Vehicle News Energy Industry News Activity Asia Indonesia

Related Stories

Petronas Makes New Hydrocarbon Discovery in Southeast Asia

Governments Move to Shield Economies as Oil Jumps 25%

Lamprell Secures ONGC Deal for Subsea Pipeline Replacement Project

Subsea7 Extends Engagement on Türkiye’s Sakarya Field with New Deal

Velesto Inks Five-Year Drilling Deal for Jack-Up Rig with Petronas

China Looks Best Placed to Weather Iran Energy Shock

Oil Up 8% as Middle Eastern War Rages

Velesto Lands Jack-Up Drilling Deal with Jadestone off Malaysia

Dolphin Drilling, Vantris Ink Marketing Deal for Blackford Dolphin Semi-Sub

Petronas Takes Operatorship of Oman’s Offshore Block 18

Current News

Petronas Makes New Hydrocarbon Discovery in Southeast Asia

PTTEP Picks Everllence Compressors for Thailand’s Offshore CCS Project

IEA Unleashes Record 400M Barrel Oil Stockpile Release Amid Iran War Disruptions

OneSubsea Bags Third PTTEP Subsea Systems Contract in One Year

Iran War Exposes Risks of Fossil Fuel Dependence

Sunda Energy Secures Environmental License for Drilling Ops off Timor-Leste

Oil Drops 7% After Trump Predicts War Could End Soon

Aramco Warns of Severe Oil Market Fallout from Hormuz Blockade

Offshore Tech: Seadrill Adopts igus’ Modular Energy Chains

OSV Market: Asia Pacific Downshifts for the Long Haul

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com