<h1>Corridor Block Oil and Gas Project,Indonesia</h1>
<p>The Corridor Block Oil and Gas Project is an operating onshore oil and gas project in Indonesia,located in the Corridor production sharing contract area in South Sumatra. It is a conventional upstream development that entered production in 1998. The Corridor PSC is a mature producing asset with multiple gas fields and oil-producing fields,supplying gas to domestic Indonesian buyers and,historically,to Singapore. The project is one of Indonesia’s established gas-producing assets and part of MedcoEnergi’s core South Sumatra upstream portfolio.</p>
<h2>Quick Facts</h2>
<table>
<colgroup>
<col/>
<col/>
</colgroup>
<tbody>
<tr>
<th>Item</th>
<th>Details</th>
</tr>
<tr>
<td>Project Name</td>
<td>Corridor Block Oil and Gas Project</td>
</tr>
<tr>
<td>Country</td>
<td>Indonesia</td>
</tr>
<tr>
<td>Fuel Type</td>
<td>Oil and gas</td>
</tr>
<tr>
<td>Production Type</td>
<td>Conventional</td>
</tr>
<tr>
<td>Status</td>
<td>Operating</td>
</tr>
<tr>
<td>Status Year</td>
<td>2024</td>
</tr>
<tr>
<td>Operator</td>
<td>Medco E&P Grissik</td>
</tr>
<tr>
<td>Owner(s)</td>
<td>Medco E&P Grissik Ltd [70%]; PT Pertamina Hulu Energi Corridor [30%]</td>
</tr>
<tr>
<td>Production Start Year</td>
<td>1998</td>
</tr>
<tr>
<td>Onshore/Offshore</td>
<td>Onshore</td>
</tr>
<tr>
<td>Block(s)</td>
<td>Corridor</td>
</tr>
</tbody>
</table>
<h2>Project Overview</h2>
<p>The Corridor Block Oil and Gas Project is an onshore upstream development associated with the Corridor PSC in South Sumatra. The complex includes multiple fields,such as Dayung,Durian Mabok,Suban,and Sumpal. The development entered production in 1998. The operator is Medco E&P Grissik. MedcoEnergi acquired ConocoPhillips’ Indonesian assets in 2021 and later acquired Repsol’s participating interest in the Corridor PSC in 2025,increasing its stake to 70%. PT Pertamina Hulu Energi Corridor holds the remaining 30%. The project is a mature producing block with multiple fields,gathering and processing facilities,and gas sales arrangements.</p>
<h2>Location and Basin</h2>
<p>The Corridor Block is located onshore in South Sumatra,Indonesia. The approximate coordinates are -2.5190000 latitude and 103.3880000 longitude. The block is in an established hydrocarbon-producing region with onshore oil and gas infrastructure and pipeline connections. The basin is not specified in project sources,but the asset is within South Sumatra’s onshore petroleum province.</p>
<h2>Ownership and Operatorship</h2>
<p>The Corridor Block is operated by Medco E&P Grissik,a subsidiary of MedcoEnergi. Ownership is 70% Medco E&P Grissik Ltd and 30% PT Pertamina Hulu Energi Corridor. MedcoEnergi acquired Repsol’s 24% interest in the Corridor PSC for $425 million,completing the transaction in July 2025. Before this,Medco held 46%,Pertamina held 30%,and Repsol held 24%.</p>
<h2>Development History</h2>
<table>
<colgroup>
<col/>
<col/>
<col/>
</colgroup>
<tbody>
<tr>
<th>Milestone</th>
<th>Year or Date</th>
<th>Details</th>
</tr>
<tr>
<td>Development Milestone</td>
<td>1983</td>
<td>The Corridor PSC was awarded in 1983.</td>
</tr>
<tr>
<td>Production Milestone</td>
<td>1998</td>
<td>The project entered production in 1998.</td>
</tr>
<tr>
<td>Recent Status Milestone</td>
<td>2025</td>
<td>MedcoEnergi completed the acquisition of Repsol’s participating interest,increasing its stake to 70%.</td>
</tr>
</tbody>
</table>
<p>The Corridor PSC was awarded in 1983 and production began in 1998. Over time,the asset has been associated with multiple fields including Dayung,Suban,and Sumpal. MedcoEnergi expanded its role by acquiring ConocoPhillips’ Indonesian assets in 2021 and later Repsol’s interest in 2025.</p>
<h2>Infrastructure and Facilities</h2>
<p>The Corridor PSC includes multiple gas fields (Suban,Sumpal,Dayung) and oil-producing assets onshore in South Sumatra. Production infrastructure includes the Grissik Plant. The asset relies on field gathering,production handling,gas processing,and export systems. Gas from the Corridor Block has historically been sold under long-term contracts to buyers in Indonesia and Singapore. In 2025,a gas swap arrangement redirected Corridor Block gas toward domestic Indonesian demand while West Natuna gas replaced some export volumes to Singapore.</p>
<h2>Production and Reserves</h2>
<p>The Corridor Block is an operating oil and gas asset and a significant gas producer in Indonesia. Current project-level production rates and reserves are not publicly available. Gas offtake is a major feature,with long-term contracts serving domestic and Singapore buyers. The 2025 gas swap arrangement indicates that Corridor’s role includes supply balancing between domestic and regional customers.</p>
<h2>Recent Developments</h2>
<p>In June 2025,MedcoEnergi agreed to acquire Repsol’s 24% interest in the Corridor PSC for $425 million,completing the transaction in July 2025. This increased MedcoEnergi’s stake to 70%,with PT Pertamina Hulu Energi Corridor holding the remaining 30%. Also in 2025,a gas swap agreement involving MedcoEnergi,the West Natuna Supply Group,PGN,and Singapore buyers redirected Corridor gas to Indonesian domestic demand. In 2024,a contract extension and change in participating interest structure were reported,with Pertamina’s share increasing under the renewed structure.</p>
<h2>Related Topics</h2>
<ul>
<li>Indonesia upstream oil and gas</li>
<li>South Sumatra gas production</li>
<li>Corridor production sharing contract</li>
<li>Medco E&P Grissik</li>
<li>PT Pertamina Hulu Energi Corridor</li>
<li>Mature gas field operations</li>
<li>Onshore gas processing</li>
<li>Gas supply to Singapore</li>
<li>Indonesia domestic gas demand</li>
<li>Production decline management</li>
<li>Brownfield upstream asset integrity</li>
<li>Gas swap agreements in Southeast Asia</li>
</ul>
<h2>Sources</h2>
<ul>
<li><a href="https://www.gem.wiki/Corridor_Block_Oil_and_Gas_Project_(Indonesia)" rel="nofollow noopener" target="_blank">Global Energy Monitor,Corridor Block Oil and Gas Project</a></li>
<li><a href="https://www.gem.wiki/Corridor_Gas_Block_%28Indonesia%29" rel="nofollow noopener" target="_blank">Global Energy Monitor,Corridor Gas Block</a></li>
<li><a href="https://www.gem.wiki/Dayung_Oil_and_Gas_Field_%28Indonesia%29" rel="nofollow noopener" target="_blank">Global Energy Monitor,Dayung Oil and Gas Field</a></li>
<li><a href="https://www.gem.wiki/Suban_Gas_Field_%28Indonesia%29" rel="nofollow noopener" target="_blank">Global Energy Monitor,Suban Gas Field</a></li>
<li><a href="https://www.medcoenergi.com/uploads/pressreleases/548/Press%20Release_MedcoEnergi%20Acquires%20Repsols%20Participating%20Interest%20in%20Corridor_26062025.pdf" rel="nofollow noopener" target="_blank">MedcoEnergi,MedcoEnergi Acquires Repsol’s Participating Interest in Corridor PSC</a></li>
<li><a href="https://www.medcoenergi.com/uploads/pressreleases/548/Press%20Release_MedcoEnergi%20Completes%20Acquisition%20of%20Repsol%20Participating%20Interest%20in%20Corridor%20PSC.pdf" rel="nofollow noopener" target="_blank">MedcoEnergi,MedcoEnergi Completes Acquisition of Repsol’s Participating Interest in Corridor PSC</a></li>
<li><a href="https://www.repsol.com/content/dam/repsol-corporate/es/accionistas-e-inversores/rif/2025/rif26062025-sale-medco-energi-24-stake-corridor-block-indonesia.pdf" rel="nofollow noopener" target="_blank">Repsol,Sale of 24% working interest in the Corridor Block</a></li>
<li><a href="https://www.reuters.com/business/energy/repsol-sells-stake-an-indonesian-gas-operation-425-million-2025-06-26/" rel="nofollow noopener" target="_blank">Reuters,Repsol sells stake in Indonesian gas operation to Medco Energi</a></li>
<li><a href="https://www.reuters.com/business/energy/indonesian-gas-firms-sign-gas-swap-deal-meet-domestic-demand-2025-05-21/" rel="nofollow noopener" target="_blank">Reuters,Indonesian gas firms sign gas swap deal to meet domestic demand</a></li>
<li><a href="https://www.rigzone.com/news/medcoenergi_to_acquire_stake_in_corridor_psc_in_south_sumatra-27-jun-2025-180964-article/" rel="nofollow noopener" target="_blank">Rigzone,MedcoEnergi to acquire stake in Corridor PSC in South Sumatra</a></li>
<li><a href="https://www.offshore-technology.com/marketdata/oil-gas-field-profile-corridor-psc-conventional-gas-field-indonesia/" rel="nofollow noopener" target="_blank">Offshore Technology,Corridor PSC conventional gas field profile</a></li>
<li><a href="https://www.medcoenergi.com/uploads/rwcis/423/ComPro_2025.pdf" rel="nofollow noopener" target="_blank">MedcoEnergi,Company Profile 2025</a></li>
</ul>

IEPTC reference profile for Corridor Block Oil and Gas in Indonesia,covering asset type,location,development status,and upstream industry context.

Corridor Block Oil and Gas Project,Indonesia

Learn how to grow and scale your online course business using our online course platform. EzyCourse blog is designed to teach you how to create and sell online courses.

Corridor Block Oil and Gas Project,Indonesia

Corridor Block Oil and Gas Project,Indonesia

Related Posts

Adrar Oil and Gas Project

Agbami Oil and Gas Project,Nigeria

Ahvaz Oil Project,Iran

Aishwariya Barmer Hill Oil Project,Rajasthan,India

Akacias Oil Project,Meta,Colombia