Tag Archives: mineral resources

Semester 1, Gas receipts Reaches 18.7 Billion U.S. Dollars

jaysonhyd   July 7, 2017  
dere

JAKARTA – State revenue from the management of the oil and gas industry-upstream (oil) in the first half of this year reached 18.7 billion U.S. dollars, or higher than the target of 18.4 billion U.S. dollars.

Meanwhile, oil production per day has reached 99 percent, or an average of 831 118 barrels per day from the target set in the state budget in 2013 amounted to an average of 840,000 barrels of oil per day.

Unit chief Special Executive Upstream Oil and Gas (Migas SKK) Rudi Rubiandini claims, the achievement is unprecedented in a period of 3 years.

“The achievement of national oil production up to 99 percent of the budget target has never happened within the last three years. During the period of last three years of national oil production performance was always below 99%,” he said, Wednesday (07/31/2013).

He said the success achieved oil production and revenues is the result of hard work in SKK Oil workers, all workers Cooperation Contract (PSC), leaders and workers in the Ministry of Energy and Mineral Resources and all stakeholders in the upstream oil and gas industry.

Therefore, Rudi appreciation to all stakeholders in order to increase production of oil and natural gas nationwide so that the target could be exceeded state revenues.

Although there are many unsuccessful PSC oil production exceeded the target set in the state budget in 2013, but some of them have worked very well exceed those targets.

Exceed Production

There are seven PSC, which surpassed the target of state budget in 2013, namely ConocoPhillips Indonesia Ltd, Vico Indonesia, Medco E & P Indonesia (S & C Sumatra), PHE ONWJ, Chevron Pacific Indonesia, Medco E & P Indonesia (Rimau) and ConocoPhillips (Grissik) Ltd..

The details are as follows: ConocoPhillips Indonesia Ltd managed to achieve oil production by an average of 34 867 barrels per day from the target in the state budget in 2013 amounted to 32 890.

Vico Indonesia managed to produce as much as 13,740 barrels of oil per day from the target of 13 010 barrels per day. Medco E & P Indonesia (S & C Sumatra) managed to produce 6,841 barrels of oil per day from the target of 6,630 barrels per day;

PHE ONWJ managed to produce 38 996 barrels of oil per day from the target of 38 080 barrels per day; Chevron Pacific Indonesia managed to produce 323 014 barrels of oil per day from the target of 319 430 barrels per day.

Medco E & P Indonesia (Rimau) managed to produce 14,086 barrels of oil per day from the target of 14,060 barrels per day.

For the PSC still can not meet the target set in the state budget-2013 as well as the target in the Work Programme and Budget (WP & B), Rudi hope they can improve their performance.

“Performance targets are not reached so soon improved to the national oil production target can also be exceeded. What we are doing right now is working for the State, for the national interest because it lets us collaborate and work together, “he said.

Add Petroleum Production, Pertamina drilling four wells

jaysonhyd   December 16, 2016  
5-Teknologi

To increase oil production, PT Pertamina Hulu Energi is conducting a drilling four wells in West Madura Offshore (WMO). Wells are being intensively explored today are PHE N-1 (Rig Bohai-8) which has been drilled to a depth of 3491 feet.
Operational Director of PT Pertamina Hulu Energi, Eddy Purnomo said in addition to drill exploration wells paa, PHE also is conducting development drilling on wells, the PHE 54A-1 (rig Java Star)
“Today, Java Star up in the depths of 2045 feet,” said Eddy Purnomo at the Ministry of Energy and Mineral Resources, on Tuesday (16/07/2013).
PHE ONWJ also are exploring the development of PHE wells 40A-7R (rig Harvey Ward) drilled at a depth of 3077 feet, and PHE development wells 38B-7 (rig COSL Seeker) reached a depth of 2007 feet.
To note, during the first half of 2013, oil production of Pertamina Hulu Energi West Madura Offshore reached 10,220 barrels per day (bpd), or about 50 percent of which has been targeted at 20 443 bph.
But the number of such production under the same target is not met, the low realization of production in the first six months of this because in the early years of oil production is still below 10,000 bpd.
“Pertamina had experienced problems in mounting platform (platform) and the addition of new drilling rigs,” said Eddy.