Exploration and development drilling still way below target: SKK Migas
Thursday, July 4 2013 - 10:24 AM WIB
Production sharing contractors (PSC) holders have drilled 43 exploration wells so far this year, or a paltry 16.7 percent of full-year target of 258 wells, data from upstream authority SKK Migas showed.
The data was revealed to petromindo.com by the Head of Survey and Drilling Division Arief Fanzuri on Thursday.
Arief detailed some of the obstacles:
1. The lengthy procurement process (PHE Randugunting, MontD?or, Petronas and PHE Nunukan)
2. Subsurface evaluation is still underway (Pan Orient Batu Gajah and BMIC)
3. Licensing and land acquisition process is still underway (Petrochina, Medco and Pertamina EP)
4. Still awaiting for rig schedule (MedcoCBM, MontD?or, POG and Pearl Oil)
5. The works have been canceled (Bunga Mas, JOB PTOK and KKE)
6. Site preparation process (Vico CBM, Salamander Bangkanai)
Meanwhile, drilling of development well reached 436, or 37 percent of the target 1178 wells.
Among the obstacles are:
1. Still awaiting for the approval of POFD and subsurface evaluation (PEP, Lapindo Brantas and Perusda Benuo Taka)
2. Land acquisition process (Energy Equity Sengkang, Vico,, Petrochina Jabung, PEP, SPR Langgak and Sele Raya)
3. Rig procurement process (CICO, Premier, EMP Bentu, Petroselat, Seleraya Merangin Dua, SPR Langgak, Cico, PEP, Manhattan)
Editing by Dadan Wijaksana