Exxon to drill up to 45 wells in Banyu Urip in Q4
Wednesday, July 4 2012 - 07:41 AM WIB
By Godang Sitompul
ExxonMobil Indonesia will drill 40 to 45 more wells in Banyu Urip field, Cepu block in Central and East Java in the fourth quarter of the year.
?The plan in the fourth quarter is we plan to drill between 40 and 45 wells in Banyu Urip,? Senior VP Asep Sulaiman told petromindo.com.
Exxon is intensifying development in the field to meet first production target in May 2014 with initial volume of 90,000 bpd.
The output is targeted to be gradually increased to 150,000 bpd in August and 185,000 bpd in November the same year.
Editing by Dadan Wijaksana