BPMIGAS appreciates CPI?s efforts to maintain production

By Godang Sitompul

Upstream authority BPMIGAS said PT Chevron Pacific Indonesia (CPI) was among oil and gas production sharing contractors (PSCs) that had been undertaking aggressive efforts to prevent natural declining of oil production from its mature fields at Duri and Minas in Riau province.

BPMIGAS Deputy for Operation Rudi Rubiandini told Petromindo.com after visiting Duri and Minas fields on May 9 that CPI has set production target of 330,000 barrels of oil per day (bpd) for this year. However, year to date, the company?s oil production has reached 347,000 barrels per day.

Rudi said based on BPMIGAS internal review, CPI could even produce at a maximum of 355,000 bpd this year. For this reason, he encouraged CPI to ramp its oil production to an average of 350,000 bpd this year.

He said CPI will drill 14 more wells in Petapahan field, near the Duri and Minas fields in June. Usually, drilling one well could take between 30 to 60 days. When drilling of the wells is completed and the wells start producing later this year CPI?s oil production could increase even further.

CPI is also speeding up the drilling activities and increasing number of work-over on production wells in efforts to ramp up production.

He also said that BPMIGAS will speed up the Plan of

Development (PoD) phase 13 of the Duri fields. The phase 13 project of the field could begin production in 2013.

Editing by Roffie Kurniawan