Project Profile
Value: US$250 million
Location: Simenggaris Block, Tarakan Basin, Indonesia
Estimated reserves: 80 bcf of gross mean contingent resources
The South Sembakung gas condensate discovery located in the Simenggaris Block, Tarakan Basin, East Kalimantan, Indonesia, is anticipated to begin production in 2012 at volumes of c. 25 MMscfd.
The 2009 South Sebuku onshore gas discovery is thought to contain 80 bcf of gross mean contingent resources. Medco is operator with 59% interest, and Salamander Energy has a 41% interest in the Bengara-1 PSC.
Operators:
MedcoEnergi Internasional: Operator with 59% interest
Ophir( Ophir bought Salamander in 2015): 41% interest