KrisEnergy awards Lengo FEED

KrisEnergy, an independent upstream oil and gas company, said it has awarded the front-end engineering and design contract for the Lengo gas development offshore East Java in Indonesia.

The company said in a statement that it has commenced geophysical and geotechnical surveys at the platform site as well as along the proposed platform-to-shore pipeline route and onshore receiving terminal location.

The Lengo gas accumulation is located in the Bulu production sharing contract, which covers 697 sq. km over the East Java Basin in water depths of 50 to 60 metres. The development plan was approved by the Indonesian authorities in late 2014 and comprises four development wells, an unmanned wellhead platform and a 20-inch, 65-km export pipeline to transport the gas to shore. The company is in negotiations over gas sales and production is expected to begin approximately 24 months after the joint-venture partners declare final investment decision. The field will produce 70 million cubic feet per day at plateau.

Indonesian-based survey contractor, Java Offshore, has commenced the geophysical and geotechnical surveys and PT. Synergy Engineering was awarded the engineering services contract for the Lengo FEED.

KrisEnergy is the operator of the adjacent East Muriah and Sakti PSCs and holds a 42.5% operated working interest in the Bulu PSC. It is partnered by AWE Limited with 42.5%, PT Satria Energindo with 10% and PT Satria Wijayakusuma with 5%.


Image: KrisEnergy