China National Offshore Oil Corporation (CNOOC) announced that the BD gas field off the coast of Indonesia has started production.
The BD gas field is located in Madura Strait at a water depth of approximately 55 meters.
Main production facilities included one unmanned wellhead platform, one FPSO and four production wells. Currently, the gas field has two wells with production at a rate of around 7,200 barrels oil equivalent per day.
In a statement, CNOOC said that production is expected to reach its overall development program designed peak production of approximately 25,500 BOE per day in 2018.
Husky-CNOOC Madura Limited (HCML) is the operator of the Production Sharing Contract (PSC) for the BD gas field. Husky and CNOOC each hold a 40 per cent interest in HCML, while the remaining 20 per cent interest is held by Samudra Energy.