Asset Report

North West Java Sea (ONWJ)

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14 April 2021

North West Java Sea (ONWJ)

Report summary

The North West Java Sea PSC, also known as Offshore North West Java or ONWJ, is a mature complex of oil and gas fields located offshore the coast of Java. The contract area is divided into four main field groups: North West Corner, Ardjuna, Bima and Arimbi. Infrastructure within the PSC includes over 300 producing wells and over 200 offshore structures, of which 11 are permanently manned flow-stations for processing and compression. Around 375 pipelines measuring 1,600 kilometres in length connect the fields to the three onshore gas receiving facilities. The PSC was renewed for another 20 years from January 2017. PHE was appointed the sole participant in the renewed block under the new Gross Split PSC. This report includes an overview of trends and activities in the asset with analysis on cost, production, cashflow and fiscal terms.

Table of contents

Tables and charts

This report includes 26 images and tables including:

  • Key facts: Table 1
  • Index Map
  • North West Java Sea Map
  • Well data: Table 1
  • 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 01/01/2021
  • Remaining Present Value Price Sensitivities
  • Participation: Table 1
  • Reserves and resources: Table 1
  • Reserves and resources: Table 2
  • Production: Table 1
  • Production: Table 2
  • Production Profile
  • Infrastructure: Table 2
  • Costs: Table 1
  • Costs: Table 2
  • Costs: Table 3
  • Costs: Table 4
  • Sales contracts: Table 1
  • Sales contracts: Table 2
  • Sales contracts: Table 3
  • Infrastructure: Table 1

What's included

This report contains:

  • Document

    North West Java Sea (ONWJ)

    PDF 8.79 MB

  • Document

    North West Java Sea (ONWJ)

    XLS 504.00 KB