Permit Activity Quarterly Result
The Sampang PSC is located in the Madura Straight offshore Madura Island in East Java, Indonesia. It is composed of two producing fields: Oyong oil and gas field and Wortel gas field.
The joint venture parties are:
15% Cue Energy*
45% Santos Sampang Pte. Ltd. (Operator)
40% Singapore Petroleum Company
*New Zealand Oil & Gas has a 48.11 per cent controlling interest in Cue Energy.
Read More about the Sampang PSC Project here
Sampang PSC Production: New Zealand Oil & Gas share*
|Financial Year Ended||Oil (Barrels)||Gas (Tj)|
|June 17||38, 121||2,350|
RESERVES - NEW ZEALAND OIL & GAS SHARE*
Remaining Proven and Probable (2P) oil and gas reserves at 30 June 2017
|Oil & Condensate
Natural Gas (petajoules)
|Million Barrels of Oil Equivalent|
* Includes 100% of Cue’s share.