23 contractors fail to meet 2009 crude production target

Twenty three oil and gas contractors have failed to meet the oil production target mainly due to various operational problems, upstream oil and gas regulator BPMIGAS said Wednesday.

?Of the 40 companies which are producing, 23 are only able produce about 77 percent of their respective targets, while the other 17 can produce above their respective targets,? BPMIGAS? Chairman R. Priyono said.

He did not specify the contractors that failed to meet target, while the 17 companies that meet target are specified in the below table.

As of April, the national oil production averaged 956,000 barrels per day (bpd) or lower than the target of 960,000 bpd set in the 2009 state budget. (Bernard)

No	Company(s)	Target set in 2009 state budget (bopd)	Realization (bopd) per April 2009	Percentage (%)
1	Santos (Oyong)	1,950	4,011	205.69
2	Citic Seram Energy Ltd	1,550	2,637	170.12
3	Chevron Indonesia Co.	22,500	33,707	149.81
4	Kodeco Energy	9,340	13,851	148.30
5	JOB Pertamina-Costa Int. Group	40	58	144.35
6	PetroChina International Bermuda	6,000	8,099	134.99
7	Vico Indonesia	13,500	17,940	132.89
8	ConocoPhillips Indonesia (Natuna)	53,040	66,299	125
9	ExxonMobil Oil	5,280	6,193	117.29
10	JOB Pertamina-Taliskan OK	3,680	3,819	103.78
11	Medco E&P Indonesia	28,020	30,526	108.94
12	Total E&P Indonesie	92,420	98,673	106.77
13	Medco E&P Kalimantan	1,800	1,900	105.54
14	Chevron Pacific Indonesia	380,330	391,890	103.04
15	CNOOC SES	43,950	44,432	101.10
16	Medco (Tiaka) Tomori	2,400	2,403	100.11
17	PetroChina Bangko	220	221	100.32