Project Profile
Value: Undisclosed
Location: Titan PSC offshore to the North of the East Java Province, block 25/5, Indonesia
Area: 1.7 million acres (6,903 square kilometres)
Production: 14,000 boe/d (2,500 b/d of condensates in 2013)
Water depth: 197 feet (60 metres)
Start-up year: 2013
The Atlas prospect is located in the Titan PSC offshore to the North of the East Java Province, in block 25/5 covering an area of 1.7 million acres (6,903 square kilometres) in a water depth of 197 feet (60 metres). Awe plans to target gas at the Atlas-1 prospect in the first half of 2012. The Atla field is expected to produce gas at an average flow rate of 14,000 boe/d including 2,500 b/d of condensates in 2013.
Operators:
AWE: Operator with 40% interest
Baruna Oil and Gas: 25% interest (subsidiary of Black Platinum Energy)
Mitra: 25% interest
PT Sillo Maritime Perdana: 10% interest