Corridor PSC is a producing conventional gas field located onshore Indonesia and is operated by PT Medco Energi Internasional. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Corridor. Buy the profile here.
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Field participation details
The field is owned by PT Medco Daya Abadi Lestari, PT Pertamina (Persero) and Repsol.
Production from Corridor PSC
The Corridor PSC conventional gas field recovered 78.53% of its total recoverable reserves, with peak production in 2010. Based on economic assumptions, production will continue until the field reaches its economic limit in 2045. The field currently accounts for approximately 7% of the country’s daily output.
About PT Medco Energi Internasional
PT Medco Energi Internasional Tbk (MedcoEnergi), a subsidiary of PT Medco Daya Abadi Lestari, is an integrated energy company. The company's main activities include the exploration and development of oil and gas fields, production, and the provision of energy-related services. Its services encompass engineering procurement and construction (EPC), equipment leasing, operation and maintenance, energy trading, and support services for the oil and gas business. MedcoEnergi operates oil and gas fields through various agreements, such as production sharing contracts, technical assistance contracts, and joint operating bodies. Its products and services find application across industries like mining, quarrying, trade, construction, transportation, and electricity supply. The company operates in diverse geographic locations, including Africa, Asia, the Middle East, and North America. MedcoEnergi is headquartered in Jakarta, Indonesia.
For more details on the Corridor PSC Conventional Gas Field, buy the profile here.
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This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.
