Eni SpA has put onstream the Merakes East subject within the offshore a part of the Kutei Basin in Indonesia, anticipating internet pure gasoline manufacturing of 100 million commonplace cubic ft a day (MMscfd) or about 18,000 barrels of oil equal per day (boed).
The tieback undertaking is within the East Sepinggan block, operated by the Italian state-controlled vitality main with an 85 p.c stake. Indonesia’s state-owned PT Pertamina owns 15 p.c.
Merakes East has a water depth of 1,600 meters (5,249.34 ft). It sits about 10 kilometers (6.21 miles) from the Merakes subject, which Eni put on-line 2021. Merakes East and Merakes are tied again to the Eni-operated Jangkrik Floating Manufacturing Unit (FPU), which is about 50 kilometers away, in accordance with Eni.
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After being processed on the FPU, the gasoline might be transferred by way of a pipe community to be provided to the home market and PT Badak LNG’s Bontang liquefaction plant, whose output is for each home and worldwide markets, Eni stated.
“The beginning-up of Merakes East is one other essential step of Eni’s broader technique to valorize the appreciable gasoline assets held in Indonesia’s prolific Kutei Basin”, it stated in an internet assertion.
“Over the previous couple of years, following vital exploration successes and acquisitions, Eni has positioned itself as the primary operator of the Kutei basin and one of many key gamers in Indonesia’s gasoline market; the corporate expects to provide as much as 2 BCFD [billion cubic feet a day] of gasoline and 90,000 bopd of condensate with the start-up of the North Hub and the Gendalo-Gandang fields”, Eni added.
Gendalo and Gendang are a part of the Ganal Manufacturing Sharing Contract (PSC). Ganal PSC is a part of the Indonesia Deepwater Growth undertaking (IDD). In 2023 Eni acquired Chevron Corp.’s operated stakes in IDD blocks Ganal and Rapak, in addition to the Makassar Straits PSC. The transaction resulted in Eni elevating its curiosity in Ganal and Rapak from 20 p.c to 82 p.c and buying a 72 p.c possession within the Makassar Straits block.
Final yr Indonesia permitted Eni’s plans of growth (POD) for Gendalo and Gendang, the Geng North subject within the separate North Ganal PSC and the Gehem subject within the Rapak PSC. The Southeast Asian nation additionally prolonged the 2 IDD licenses by 20 years.
“Eni is due to this fact set to ascertain a major gasoline and condensates manufacturing of roughly 2 bcf/d of gasoline and 80,000 bopd of condensates within the East Kalimantan area, each for home and worldwide market, leveraging synergies with current services within the space, such because the Bontang LNG Plant and the Jangkrik Floating Manufacturing Unit”, Eni stated in a press launch August 23, 2024.
“The Northern Hub POD envisages the event of the 5 TCF [trillion cubic feet] gasoline and 400 million barrels of condensates of the Geng North discovery introduced by Eni in October 2023, together with the 1.6 TCF of the close by Gehem discovery by way of subsea wells, flowlines and a brand new constructed FPSO [floating production and offloading vessel] with a dealing with capability of about 1 BCFD gasoline and 80,000 barrels of condensates per day and a storage capability of 1 Million barrels”.
“The permitted Gendalo&Gandang POD envisages the event of the cumulative 2 TCF gasoline reserves within the Ganal PSC by way of subsea wells tied again to the Jangkrik FPU”, Eni added. “The event of Gendalo&Gendang will enable to increase Jangkrik’s gasoline manufacturing plateau, which nears 750 mmscf/d, by at the least 15 years”.
To contact the writer, e-mail jov.onsat@rigzone.com
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