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Mubadala makes second significant gas discovery in South Andaman (Indonesia)

The Emirati company Mubadala Energy has announced a significant gas discovery in the South Andaman Gross Split PSC, about 65 km offshore North Sumatra, Indonesia. The discovery was made at the Tangkulo-1 exploration well and has the potential for over 2 tcf (about 57 bcm) of gas in place. The estimated production capacity is 80-100 mcf/d (2.3-2.8 mcm/d) and over 2,000 barrels of condensate.

This is the second significant gas discovery made by Mubadala in South Andaman. In December 2023, the company made a gas discovery from the Layaran-1 Exploration well, estimated to hold over 6 tcf (about 170 bcm) of gas in place.

Indonesia’s proved gas reserves stood at around 900 bcm as of end-2022. Production reached 57 bcm and consumption 36 bcm (2022).