LogIn LogOut

Indonesian Regulators Approve Paus Biru Gas Field Plan

August 26, 2020

Credit: Cue Energy
Credit: Cue Energy

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."



Current News

After Sakhalin-2 Russia to Take Sakhalin-1 Project Under Its Control

After Sakhalin-2 Russia to Take Sakhalin-1 Project Under Its Control

Hellenic Cables to Deliver Inter-array Cables for Hai Long 2 & 3 Offshore Wind Farms in Taiwan

Hellenic Cables to Deliver Inter-array Cables for Hai Long 2 & 3 Offshore Wind Farms in Taiwan

'Energy Major' Buys 1,2 GW Floating Wind Farm Project from Hexicon Korea

'Energy Major' Buys 1,2 GW Floating Wind Farm Project from Hexicon Korea

Perdana to Provide AHTS Services to Petronas Carigali

Perdana to Provide AHTS Services to Petronas Carigali

OPEC's Secretary-General Barkindo Dies, Nigerian Oil Official Says

OPEC's Secretary-General Barkindo Dies, Nigerian Oil Official Says

Shell Joins Qatar's LNG Expansion Mega-Project

Shell Joins Qatar's LNG Expansion Mega-Project

Russia's Medvedev Says Oil Could Hit Up to $400 a Barrel if Japanese Proposal Adopted

Russia's Medvedev Says Oil Could Hit Up to $400 a Barrel if Japanese Proposal Adopted
photo

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