Bontang PSC Overview
| Province | : | East Kalimantan |
| Regency | : | East Kutai |
| Participating Interest | : |
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| Operator | : | Starborn Energy Bontang Pte. Ltd. (Area : 427.2 km2 – relinquished) |
| Contract Period | : | 30 December 2003 – 29 December 2033 (can be extended) Ref. Permen ESDM No.23 Year 2021 |
| POD I Approval | : | 29 June 2015 (By MEMR) |
| POD I Extension | : | until 29 June 2024 (By MEMR) |
| POD Field | : | Tutung (10 MMSCFD Gas and 600 BPD Condensate) |
Firm Commitment (first 3 years) and Work Commitment (second 3 years) Work Programs:
- G&G Study (Firm Commitment of 1st, 2nd, and 3rd Year)
- 2D Seismic Acquisition and Processing (Firm Commitment of 1st, 2nd, and 3rd Year)
- Drilling of 1 exploration well (Firm Commitment of 1st, 2nd, and 3rd Year)
- G&G Study (Work Commitment 4th, 5th, and 6th Year)
- 3D Seismic Acquisition and Processing (Work Commitment 4th Year)
- Drill 1 exploration well (Work Commitment 4th, 5th, and 6th Year)
All Firm Commitments and Work Commitments have been conducted
Concession Area of Bontang PSC
Historical Background
Exploration Works History
Reserves And Resources Summary
Tutung Gas
Tutung Condensate
Offshore Area
(Non-POD)
Discovery & Prospect
131.89 MMBOE total in place. Derived from 2P reserves & estimated recoverable reserves from Tutung field and potential resources from deep water fields of Bontang PSC (Angklung and South Kecapi).
Current Progress And Prod. Target
Management of Tutung Gas & LNG Development Project
- Chief Executive Officer to Starborn Energy Bontang
- Managing successful companies under Gema Group Corporation
- Has Involved in upstream, mid-stream, downstream sector of oil and gas industry for decades
- Master of Business Administration from University of West of Scotland
- General Manager to Starborn Energy Bontang
- Possesses Substantial experience in Oil and Gas Industry in both local and international companies
- 34 years of experience in various subjects, including exploration, sub-surface, production, commercial and managing Field Development.
- Bachelor of Geology from Trisakti University and Master of Management from Prasetiya Mulya Business School
- Over 35 years of experience with various international Oil & Gas operators.
- Experience in Off-shore Projects and Production Operations.
- 6 years experience in LNG Plant Construction & Operation in BP Tangguh
Over 25 years of experience working in the Oil & Energy industry with strong professional accounting skill in IFRS, Financial Accounting, Financial Audits, Financial Reporting, and Internal Controls
Bachelor of Mechanical Engineering and experience in Oil and Gas Engineering companies for offshore and onshore E&P
More than 25 years of experience in drilling and workover operation, drilling engineering and drilling supervision (onshore and offshore).
Professional Geoscientist, Geologist and Geophysicist with over 46 years of experience in the upstream Petroleum Industry in Southeast Asia and USA.
Over 25 years of experience in the Oil and Gas Industry. Involved in sectors including logistic and procurement,
- Over 35 years of experience with various international Oil & Gas operators.
- Experience in Off-shore Projects and Production Operations.
- 6 years experience in LNG Plant Construction & Operation in BP Tangguh
Having work experiences more than 25 years in Oil and Gas Industries in various Divisions i.e. Operation and Maintenance, Government and Public Affair, Supply Chain Management, Commercial, Marketing, and Gas Business Development, and New Project Development