Asset Report
Pase
Report summary
The Pase PSC onshore Aceh contains two gas fields - Pase A and Pase B. Mobil (later ExxonMobil) initially developed the fields to supply the Arun LNG plant. Both fields are located around 35 km southeast of the historically prolific Arun gas field. Starting from 2004, gas production declined significantly due to high water-cut. In late 2009, ExxonMobil sold its 100% interest to ASX-listed Triangle Energy. In 2010, Triangle Energy began workover activities and increased production. The Arun LNG plant ceased exports in 2014 and was converted into a regasification terminal in 2015. Production ceased on the Pase PSC in October 2014. Indonesian company PT Enso Asia - through an operating entity named Triangle Pase Inc. - took over as the operator in 2016 and restarted production in March 2018. Gas is sold under a gas sales agreement to PGN (Pertamina subsidiary), which supplies it to local industry in Medan via the Arun-Belawan pipeline.
Table of contents
- Key facts
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Summary and key issues
- Summary
- Key issues
- Location maps
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Participation
- Current participation
- Historical participation
- Well data
- Reserves and resources
- Production
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Development
- Recent and future development
- Historical development
- Infrastructure
- Costs
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Sales contracts
- Current sales contracts
- Historical sales contracts
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Fiscal and regulatory
- Current fiscal terms
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Economic assumptions
- Cash Flow
- Discount rate and date
- Inflation rate
- Oil price
- Global Economic Model (GEM) file
- Economic analysis
Tables and charts
This report includes 23 images and tables including:
- Key facts: Table 1
- Index Map
- Pase Map
- Well data: Table 1
- Reserves and resources: Table 1
- Production: Table 1
- Production: Table 2
- Production Profile
- Infrastructure: Table 1
- Costs: Table 1
- Costs: Table 2
- Costs: Table 3
- Costs: Table 4
- 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 Present Value Price Sensitivities
- Participation: Table 1
- Sales contracts: Table 1
What's included
This report contains:
