Asset Report

North Madura II

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The North Madura II Production Sharing Contract (PSC) is situated offshore East Java, 6 kilometres north of Madura Island and adjacent to the Ketapang PSC. Petronas acquired the North Madura II asset through its subsidiary PC North Madura II Ltd in 2015. Three exploration wells were drilled: Bukit Tua East-1 in 2016, Taubah-1 in 2017, and Hidayah-1 in 2021. The latter discovered a commercial volume of oil. Its Plan of Development (PoD) was approved on 22nd December 2022 and we anticipate ...

Table of contents

  • Key facts
    • Summary
    • Key issues
  • Location maps
  • Participation
  • Well data
  • Exploration
  • Reserves and resources
    • Emissions
    • Key development metrics
      • Wells
      • Production facilities
  • Infrastructure
    • Capital Costs
    • Operating Costs
  • Fiscal and regulatory
  • Economic assumptions
  • Economic analysis

Tables and charts

This report includes 18 images and tables including:

  • Key facts: Table 1
  • Index Map
  • Detail Map
  • Participation: Table 1
  • Well data: Table 1
  • Reserves and resources: Table 1
  • Production: Table 1
  • Production Profile
  • Cash flow
  • Economic analysis: Table 2
  • Economic analysis: Table 3
  • Split of Revenues
  • Cumulative Net Cash Flow - Undiscounted
  • Cumulative Net Cash Flow - Discounted at 10% from 01/01/2024
  • Remaining Revenue Distribution (Discounted at 10% from 01/01/2024)
  • Remaining PV Price Sensitivities
  • Costs: Table 1
  • Costs: Table 2

What's included

This report contains:

  • Document

    North Madura II

    PDF 8.02 MB

  • Document

    North Madura II

    XLS 556.00 KB