ExxonMobil proposes POD of Kedung Keris field
Wednesday, April 6 2016 - 06:16 AM WIB
?We have submitted the POD (of Kedung Keris field),? EMCL Vice President for Public and Government Affairs Erwin Maryoto told the news portal on Tuesday.
SKK Migas Deputy for Planning Control Gunawan Sutadiwiria confirmed that the POD has been submitted to the authority. ?The Kedung Keris POD has been submitted, and is still being evaluated by SKK Migas,? he said.
The portal said that SKK Migas is expected to process the documents within 30 days. The POD will not require the approval of the Ministry of Energy and Mineral Resources as Kedung Keris field is not producing for the first time.
Erwin said that EMCL found oil reserves at Kedung Keris field in 2011. The field is part of the Cepu block, located at the borders of Central and East Java, which is operated by EMCL with a participating interest of 45 percent. Pertamina EP Cepu holds another 45 percent interest.
Erwin added that the Kedung Keris field, located about 14 km from the Banyu Urip field (also part of Cepu block) has oil reserves of 20 million barrels that can be produced.
Once the POD has been approved, and production starts, the output from the Kedung Keris field will be process at the central processing facility (CPF) of the Banyu Urip field, thus increasing the production of the Cepu block. Production at Banyu Urip field currently stands at 165,000 bpd. (*)