BPMIGAS approves 22 PoD for oil and gas fields, including Cepu
Friday, July 20 2007 - 09:36 AM WIB
Oil and gas upstream authority BPMIGAS has approved 22 plans of development (PoD) for oil and gas fields across the country, including the Cepu block.
BPMIGAS’s planning director Achmad Lutfi said the Cepu block located in the border areas of Central Java and East Java,, belonging to American oil and gas giant ExxonMobil Corp and state owned oil and gas company PT Pertamina is the biggest of the 22 fields approved by the agency for development.
Under the PoD approved by BPMIGAS, the field is expected to produce up to 160,000 barrels of oil per day beginning 2008, according to Luthfi.
He said of the 22 PoD that have been approved of by the agency, 12 cover fields that were targeted to start production this year, eight in 2008 and two in 2009.
The fields that are targeted to start production this year are Oyong offshore Madura, which is operated by Australian firm Santos; KE32, KE29 and KE54 of West Madura-Madura block offshore East Java operated by Kodeco Energy Ltd; Ujung Pangkah offshore East Java operated by Amerada Hess; Selat Panjang Block onshore Riau operated by Petroselat Ltd; Tunu and Peciko of Mahakam block in Kutai Kertanegara regency, East Kalimantan operated by Total E&P Indonesie; Tranche 3 of Offshore North West Java block operated by BP; Bentu of Korindi Baru block in Central Sumatra operated by Kalila (Korinci Baru) Ltd; Soka operated by PT Medco E&P Indonesia; Pondok Tengah 7 of Pondok Tengah block in Bekasi, West Java owned by PT Pertamina EP; Balam South Belisa Water Flood and Kota Batak of Rokan PSC in Riau operated by Chevron Pacific Indonesia.
PoD for Oyong field and Kodeco’s fields KE32, KE29 and KE54 that have been approved by BPMIGAS are the revised versions.
The fields that are targeted to start production in 2008 are Tangguh in Papua operated by BP Indonesia; Senoro in Central Sulawesi owned by JOB (Joint Operating Body) Pertamina-Medco E&P; North Belut offshore Natuna Islands operated by ConocoPhilips; North Duri of Rokan PSC in Riau operated by PT Chevron Pacific Indonesia; Kerendan of Bangkanai field in Central Kalimantan operated by Pertamina’s subsidiary PT Elnusa; Pulau Gading and Sungai Kenawa of Jambi Merang block in South Sumatra owned by JOB Pertamina-Amerada Hess; Cepu; and Singa of Pematang block in South Sumatra operated By Medco E&P.
PoD for Tangguh that has been approved by BPMIGAS is the revised version.
The fields that are targeted to start production in 2009 are Batur in Kangean PSC offshore Madura operated by PT Energi Mega Persada and Kedung Tuban of Randu Belatung block in East Java and Central Java operated by Pertamina E&P.
Any of the fields is expected to produce between 2,000 and 160,000 barrels of oil per day or 55 million cubic feet per day and 1.5 billion cubic per day of gas when it starts production, according to Achmad. (Godang)