24th June 2026
EP

Conrad Asia Energy has secured an ADES jack-up rig for the development of the Mako gas field in Indonesia’s Natuna Sea, with drilling operations scheduled to begin in the second quarter of 2027.

 

Through its subsidiary West Natuna Exploration, the company signed a binding agreement with PT Pertamina Drilling Services Indonesia and the PDSI–ADES consortium to deploy the Admarine 502 rig.

 

The contract covers the drilling of six development wells and the installation of conductor support infrastructure over a 180-day period, with options for extension.

 

Gas from the Mako field will be transported via a 59-kilometre pipeline to the KF platform in the neighbouring Kakap PSC before entering the West Natuna Transportation System (WNTS) pipeline for delivery to Indonesia’s domestic market.

 

The Mako project, located in the Duyung Production Sharing Contract (PSC) area, was discovered in 2017 and reached a final investment decision (FID) in March 2026.


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