Project Profile
Location: 8km off the coast of Madura Island, East Java region, Indonesia
Start-up year: 2007
Reserves: 8 million barrels of oil and 130bcf of gas
Water depth: 45 m
The Oyong oil field is situated 8km off the coast of Madura Island in the East Java region of Indonesia. Located at a water depth of 45m, the field has a gas column of 120m and an oil column of 38m. The field is estimated to hold about 8 million barrels of oil and 130bcf of gas reserves. The field was discovered in 2001 and production started in 2007.
Operators:
Ophir Energy: Operator with 45% interest
Singapore Petroleum: 40% interest
Cue Energy: 15% interest