About
Sumatra Field, Corridor Block PSC, Indonesia
Operator: ConocoPhillips (54.0%)
Co-venturers: Talisman (Corridor) Ltd. (36.0%), PT. Pertamina Hulu Energi Corridor (10.0%)
The Corridor Block PSC is located in South Sumatra and covers a contract area of 1,012 square miles. The PSC was awarded in 1983 and is scheduled to expire in 2023 under the current PSC extension. The block consists of six oil fields and six natural gas fields. The principal oil-producing fields are Puyuh, Supat and Rawa. The principal gas fields are Suban, Sumpal, Dayung and Gelam.
In October 2007, first gas sales were made from Suban phase II to the Indonesian state-owned gas aggregator and transportation company under a 17-year gas supply contract with a total volume of 2.2 trillion cubic feet of gas. This gas is delivered to industrial and power markets in West Java and Jakarta. In 2007, ConocoPhillips signed a gas sales agreement with a customer in Sumatra to supply 65 billion cubic feet of gas, to begin in 2009. Net production in 2008 was 2 MBD of crude oil and 235 MMCFD of natural gas. [1]
