PETRONAS begins production from Bukit Tua phase-2B project, Indonesia

PETRONAS begins production from Bukit Tua phase-2B project, Indonesia

21 Apr 2022

PETRONAS, through its subsidiary PC Ketapang II (PCK2L), has started production from the Bukit Tua phase-2B project in Indonesian waters.

The first hydrocarbon from the project located off the coast of East Java was achieved following the drilling of the BTJTB-T2 well, said the Malaysian oil and gas company.

Located within the Ketapang block, the BTJTB-T2 well was spudded in late September 2021. It was drilled with a target depth of 1,890m.

According to PETRONAS, the milestone is part of the fourth development project following Bukit Tua phase 1, phase 2A and phase 3.

The company’s target for the Bukit Tua phase-2B project is to produce 12,500 barrels of oil equivalent (boe) per day and 30m standard cubic feet (mmscf) of gas per day via the drilling of five development wells.

PETRONAS has an operating stake of 80% in the Ketapang block, which is held through PC Ketapang II and another subsidiary PETRONAS Carigali (Ketapang). The remaining stake of 20% in the offshore block is owned by Saka Ketapang Perdana.

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