Exxon sees Cepu full production in 2013
Wednesday, May 6 2009 - 07:15 PM WIB
ExxonMobil Oil Indonesia (EMOI) VP External Relations Maman Budiman told Petromindo.Com on a sideline of Indonesian Petroleum Association Convention in Jakarta Wednesday that the EPC tenders are waiting for approval from upstream oil, gas authority BPMIGAS with a view to award the contracts in the first quarter of 2010.
Maman said the EPC ender will be divided into five parts, namely production facilities, 76-km onshore pipeline, 23-km subsea pipeline and FSO, infrastructures and subsurface.
The winning contractors are expected to be able to complete the construction in 30-36 months time after contracts award, he said.
The Banyu Urip full development would consist of 34 production well, 13 water injection wells, and 2 gas injection wells; production facilities, 100-km pipeline and 2 million barrels floating storage and offloading (FSO) vessel. ?Fully developed, the Banyu Urip field will have maximum production capacity of 185,000 BPD, but we envisage production of 165,000 BPD, which can be reached 1-2 months after the construction works are completed,? he said.
Currently, Maman said, EMOI and its partner state oil and gas company PT.Pertamina are completing early production facility which will enable the field to have production capacity in the next 3 months.
Exxon has started early production from Banyu Urip at the small rate in December 2008 and now production is stopped to make way for early production facility.
Pertamina will offtake 10,000 BPD of the early production to be piped to Cinta Natomas FSO which is jointly operated by Pertamina and PetroChina off Tuban, East Java and 6,000 BPD will be piped to mini-refinery operated by PT Tri Wahana Universal (TWU) in Bojonegoro. Pertamina is considering to offtake the remaining 4,000 BPD capacity, he said.
Maman said early production facility and offtake contracts with Pertamina and TWU will be scrapped in 2013 when the full field development is achieved.
Meanwhile, the Cepu partnership will also continue exploration program within the block this year by conducting 3D seismic in the northern part of the working area and 3-well drilling campaign later in the year in Alas Tua West, Alas Tua East and Kedung Keris prospects.
EMOI and Pertamina have equal stake of 45 percent in Cepu with regional government owned companies having the remaining 10 percent. (alex)