Greater Bangkanai, Indonesia

Ophir has three PSCs in Greater Bangkanai, onshore Kalimantan. These include the Kerendan gas field development within the Bangkanai PSC and two adjacent exploration licences, North East Bangkanai and West Bangkanai.

Greater Bangkanai, Indonesia

Ophir has a 100% operated interest in the North East Bangkanai Block and a 70% operated interest in the Bangkanai and the West Bangkanai Blocks covering a gross area of 12,352 km

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Key highlights

  • Completed the construction and commissioning of the Kerendan gas plant facilities

Outlook

  • Move to full commercial production in 2H 2016
  • Complete the gas price redetermination on Kerendan GSA

20MMscfd

Daily production from Kerendan field, due onstream 2H 2016

122 Bcf of gas has been commercialised and there is a further 475 Bcf of discovered gas to be commercialised.

The first phase of the project will commericalise 122 Bcf through a Gas Sales Agreement with PLN (Indonesian National Power Company). This will see 20 MMscfd produced into a 155 MW power plant PLN is nearing completion 3 km from the field. There is an additional 475 Bcf of gas that Ophir intends to commercialise in the next five years.

The North East and West Bangkanai PSCs, as well as the Bangkanai PSC (within which the Kerendan field is located), contain analogue structures. Ophir will complete seismic surveys over these in the coming years ahead of possible future exploration drilling.