Deal Insight
Medco Energi buys ConocoPhillips' 40% stake in South Natuna Sea Block B
Report summary
ConocoPhillips has sold its operated 40% interest in South Natuna Sea Block B (SNSBB), Indonesia, for an undisclosed sum. The deal includes operatorship of associated infrastructure. The SNSBB is a large and fragmented block that covers a number of oil and gas fields in the western Natuna Sea. Oil production peaked in the mid-1990s; several fields have now been shut-in and the focus of development has switched to gas. The PSC is currently estimated to supply 85 mmcfd of gas to Singapore and 159 mmcfd of gas to Malaysia, plus 32,000 b/d of liquids.
Table of contents
- Executive summary
- Transaction details
- Upstream assets
- Deal analysis
- Upsides and risks
-
Strategic rationale
- Medco
- ConocoPhillips
- Oil & gas pricing and assumptions
Tables and charts
This report includes 8 images and tables including:
- Executive summary: Table 1
- South Natuna Sea Block B Map
- Upstream assets: Table 1
- Deal analysis: Table 1
- Deal analysis: Table 2
- Oil & gas pricing and assumptions: Table 1
- Oil & gas pricing and assumptions: Table 2
- Medco post-acquisition production
What's included
This report contains:
Other reports you may be interested in
31 March 2017
INPEX exits South Natuna Sea Block B with sale of 35% interest to Medco Energi
Deal Insight
INPEX exits South Natuna Sea Block B with sale of 35% interest to Medco Energi
INPEX has agreed to sell its 35% stake in South Natuna Sea Block B (SNSBB), Indonesia, to Medco Energi for US$167 million. SNSBB is a ...
$1,65012 July 2021
South Natuna Sea Block B
Asset Report
South Natuna Sea Block B
The South Natuna Sea Block B (SNSBB) is a large and fragmented PSC that covers a number of oil and gas fields in the Natuna Sea. Oil ...
$5,75003 April 2017
Corporate week in brief: ConocoPhillips’ shares surge on US$13.3 billion oil sands deal
Insight
Corporate week in brief: ConocoPhillips’ shares surge on US$13.3 billion oil sands deal
We analyse ConcocoPhillips’ US$13.3 billion Canadian oil sands deal, ExxonMobil’s third oil discovery offshore Guyana and the latest M&A.
$700
