Asset Report

Ketapang (Bukit Tua and Bukit Panjang)

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The Ketapang PSC lies in the East Java Sea 35 km north of Madura Island and 100 km from the major industrial city of Surabaya. Bukit Tua's oil and gas field development began with a wellhead platform, a leased floating production, storage and offloading (FPSO) vessel, and a 100 km subsea gas pipeline. Incremental development phases expanded the field's production capacity. Phase 2A came online in 2017, adding three wells from the initial BTJT-A platform. In May 2020, Phase 3 incorporated an extension of the BTJT-A platform and four more wells. The COVID-19 pandemic delayed Phase 2B, which finally came onstream in April 2022. Phase 2B introduced five wells drilled on a separate BTJT-B platform tied back to BTJT-A via a 3.6 km pipeline. The Bukit Panjang gas field was discovered in September 2014. Its development plan was approved in January 2025 and consists of an unmanned wellhead platform tied-back to Bukit Tua via a 28 km pipeline.

Table of contents

  • Summary
  • Key Issues
  • Bukit Tua
  • Bukit Panjang
  • Emissions
    • BTJT-A
    • Platform:
    • Wells:
    • BTJT-B
    • Platform:
    • Wells:
    • BPJT-A
    • Platform:
    • Wells:
    • Other:
  • FPSO
  • Contract information
  • Exploration Costs
  • Capital Costs
  • Operating Costs
  • 4 more item(s)...

Tables and charts

This report includes the following images and tables:

  • Index Map
  • Ketapang
  • Participation
  • Reserves (2P) at 01/01/2025
  • Contingent Resources (2C) at 01/01/2025
  • Production (2015-2024)
  • Production Profile
  • Exploration Costs 2010 to 2018 (US$ million)
  • Capital Costs Pre-2016 to 2024 (US$ million)
  • Operating Costs 2024 to 2033 (US$ million)
  • Annual Gas Prices
  • 8 more item(s)...

What's included

This report contains:

  • Document

    Ketapang (Bukit Tua and Bukit Panjang)

    PDF 2.09 MB

  • Document

    Ketapang (Bukit Tua and Bukit Panjang)

    PDF 2.09 MB