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    KrisEnergy Operated Lengo Gas Field Offshore Indonesia Moves into FEED Stage

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Summary

KrisEnergy operated Lengo gas field offshore East Java, Indonesia has moved into front-end engineering and design (FEED) stage.

by: shardul

Posted in:

Asia/Oceania

KrisEnergy Operated Lengo Gas Field Offshore Indonesia Moves into FEED Stage

KrisEnergy operated Lengo gas field offshore East Java, Indonesia has moved into front-end engineering and design (FEED) stage.

The company last week said it has awarded the FEED contract and has commenced geophysical and geotechnical surveys at the platform site as well as along the proposed platform-to-shore pipeline route and onshore receiving terminal location. Synergy Engineering was awarded the engineering services contract for the Lengo FEED.

The Lengo gas accumulation is located in the Bulu production sharing contract (PSC), which covers 697 sq. km over the East Java Basin in water depths of 50 to 60 metres. The development plan was approved by the Indonesian authorities in late 2014 and comprises four development wells, an unmanned wellhead platform and a 20-inch, 65-km export pipeline to transport the gas to shore.

The company is in negotiations over gas sales and production is expected to begin approximately 24 months after the joint-venture partners declare final investment decision.

The field will produce 70 million cubic feet per day at plateau. The Lengo gas development marks the first step in the Company’s ambitions to create a gas aggregation hub offshore East Java, where it is also the operator of the adjacent East Muriah and Sakti PSCs, KrisEnergy said. 

KrisEnergy holds a 42.5 percent operated working interest in the Bulu PSC and is partnered by AWE Limited with 42.5percent, PT Satria Energindo with 10 percent and PT Satria Wijayakusuma with 5 percent.