Krisenergy Lengo Field Development

escveritas
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Krisenergy Lengo Field Development

Unread post by escveritas » Sun Jun 23, 2019 12:25 pm

Bulu PSC
Lengo gas development
approved, FEED in progress

The Bulu PSC comprises three areas totalling 697 sq km offshore East Java where water depths in the East Java Sea are between 50 and 60 metres.

The block contains the Lengo gas development for which approval was obtained from the Indonesian authorities at the end of 2014. Front-end engineering and design is underway and the geotechnical surveys have been completed at the offshore platform facilities location, along the pipeline route as well as at the site for the onshore receiving terminal. The Lengo gas field is expected to reach a plateau production rate of 70 mmcfd. To view details of the Lengo development, click here.

KrisEnergy acquired a 42.5% working interest in the Bulu PSC in October 2011 and took over operatorship for the block. The other partners are Coro Energy with 42.5%, PT Satria Energindo with 10% and PT Satria Wijayakusuma with 5%.

Source:
Eocene deltaic and lacustrine coals and carbonaceous shales, Early Miocene marine shales and Plio-Pleistocene mudstones

Reservoir:
Oligo-Miocene carbonates and mid Miocene marine sandstones

Trap:
Oligo-Miocene carbonates and mid Miocene marine sandstones

Seal:
Miocene regional shales

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