Husky Achieves Milestone with Madura Strait BD Gas Development

Husky Energy on Monday said it has achieved a significant milestone in advancing the Madura Strait BD gas-condensate field offshore Indonesia towards production.

“The jacket and wellhead platform for the liquids-rich gas development were sailed out in late October and have been successfully installed in approx. 55 metres of water. Development drilling is now expected to soon commence, and the project remains on target for first production in the 2017 timeframe,” the company said.

The BD field is the first of a series of gas developments the company is advancing offshore Indonesia. Fixed price, set volume gas sales agreements are in place for the BD field, which is expected to produce net peak production of about 40 million cubic feet per day (mmcf/day) of gas and 2,400 barrels of oil equivalent (boe/day) of liquids.

Construction of an FPSO (floating production, storage and offloading) vessel to process gas and liquids production from the field is approx. 30 percent complete, and all major long-lead time items have been ordered, Husky said.