Canada-based oil and gas company Husky Energy has completed the installation of the jacket and wellhead platform on the Madura Strait BD gas-condensate field, in around 55m of water, offshore Indonesia.
The company expects to begin development drilling soon, and initial production from the project is targeted during 2017.
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The gas field is located in the Madura Strait production sharing contract (PSC), offshore East Java.
Covering an area of approximately 2,516km², the PSC currently comprises six discoveries.
According to the company, the BD field is expected to produce net peak production of around 40 million cubic feet per day (mmcf/d) of gas, in addition to 2,400 barrels of oil equivalent (boe/d) of liquids.
Husky Energy CEO Asim Ghosh said: "Our Indonesia gas developments represent some of the strongest growth opportunities in our deep portfolio and are particularly strategic in the current commodity price environment."
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By GlobalDataAs part of the project, about 30% of work related to the construction of a floating production, storage and offloading (FPSO) vessel is complete.
Further, a tendering process is underway for a floating production vessel and associated engineering, procurement, construction and installation contracts for the combined MDA-MBH fields that are also located in the Madura Strait.
The fields are expected to produce approximately 50mmcf/d (net) at peak.
The MDK field, which is a third discovery, would be tied into the MDA-MBH field infrastructure and is expected to produce about 10mmcf/d (net) at peak.
In all of the Indonesia projects, which will be developed in partnership with CNOOC as the operator and an affiliate of Samudra Energy, Husky Energy holds a 40% interest.
In addition to the Indonesia offshore developments, the company has the Liwan Gas project in the South China Sea, that continues to deliver steady production, averaging around 295mmcf/d (gross), and associated liquids of about 14,800 boe/d (153mmcf/d and 8,300 boe/d net to Husky).
Image: The offshore Liwan Central Platform (CEP) in South China Sea. Photo: courtesy of Husky Energy Inc.
