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

Inpex Secures Environmental Approval for Indonesia’s Abadi LNG Project

DUG Hooks Multi-Client Seismic Reprocessing Survey off Malaysia

Mubadala Hires SLB for Deepwater Drilling Services Offshore Indonesia

Vantage Drilling’s Ultra-Deepwater Drillship Heads to India Under $260M Contract

EnQuest Secures Extension for Vietnam's Offshore Block

Australia and Timor-Leste Push to Advance Greater Sunrise Gas Field

Chevron in Final Talks with Eneos, Glencore on Singapore Assets Sale

Philippines Makes First Offshore Gas Discovery in Over a Decade

Woodside to Supply LNG to JERA During Japan's Winter Peak

TechnipFMC to Supply Subsea Systems for Eni’s Maha Deepwater Project

Current News

Inpex Secures Environmental Approval for Indonesia’s Abadi LNG Project

MISC Secures Long-Term Charter for Papua New Guinea's First FSO

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

Saipem Agrees $272M Deal to Acquire Deep Value Driller Drillship

DUG Hooks Multi-Client Seismic Reprocessing Survey off Malaysia

MISC, PTSC Extend Ruby II FPSO Operations Offshore Vietnam

Petronas Takes Operatorship of Oman’s Offshore Block 18

Mubadala Hires SLB for Deepwater Drilling Services Offshore Indonesia

Malaysia Offers Nine Exploration Blocks in 2026 Bid Round

Seatrium Unit Launches Arbitration Against Petrobras over FPSO Contract

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