Govt pins hope on oil output from 10 contractors

The government is pinning high hope on crude oil output from 10 oil and gas contractors to reach the 2008 budget target of 1.034 million barrels oil per day (mbopd).

 

Upstream oil and gas regulatory body, BPMIGAS’ deputy head Abdul Muin said that efforts would also be made to contain further decline of oil output from the existing fields. “The oil produced by 10 cooperation contract contractors (KKKS) reaches 828,000 bpd or 80.1 percent of the 2008 budget target of 1.034 mbopd,” he said in a working meeting between Energy and Mineral Resources Minister Purnomo Yusgiantoro and House of Representatives’ commission VII in Jakarta Tuesday.

 

The 10 contractors are PT Chevron Pacific Indonesia with oil output totalling 376,300 bpd, PT Pertamina EP with a total output of of 135,600 bpd; ConocoPhillips SNSB 59.400 bpd; Inpex 47,900 bpd; national Offshore Oil Corporation (CNOOC) 47900 bpd; Total Indonesia 45,000 bpd; Medco EP Rimau 31,800 bpd; BP ONWJ 31,000 bpd; BOB CPP 28,000 bpd; and Pertamina Hulu-PPI/JOA-JOB 25,100 bpd.

 

Minister of Energy and Mineral Resources Purnomo Yusgiantoro said that it was possible that the oil output (from the 10 contractors) could not meet the target. He asserted, however, that the government tried hard to minimize the possibility. “I have called the operators and BP Migas and told them that we will try to see the figure in a realistic way. This is our best effort,” he said. (godang)

No	Contractor(s)	Forecast Lifting (BOPD)	Note
1	Chevron Pacific Indonesia	376,300	Additional 50,000 bpd from new fields North duri, Balam South Tellisa WF,Kota Batak
2	Pertamina	135,600	Additional output from new field Pondok Tengah 7.
3	Conoco SNSB	59,400
4	Inpex	47,900
5	CNOOC	47,900
6	Total Indonesia	45,000	Including output from new fields Bekapai dan Handil POFD, Tunu 11 A
7	Medco E&P Rimau	31,800
8	BP ONWJ	31,000
9	BOB CPP	28,000
10	Pertamina Hulu-PPI/JOA-JOB	25,100
11	PetroChina Jabung	23,000
12	Pertamina-Mobil Cepu	17,200	From new field Banyu Urip
13	Chevron East Kalimantan	16,700
14	Santos Sampang	13,400
15	VICO	13,000
16	Hess Corp	11,900
17	Kodeco	11,100
18	ConocoPhillips Grissik	10,200
19	Kondur	10,000
20	Medco E&P Sumatra	9,100	Including output from new field Fariz
21	EMP Kangean	8,900
22	CICO Makasar	8,100
23	ExxonMobil Arun	7,900
24	PetroChina Bermuda	7,200
25	Star Energy Kakap	6,200	Additional output from Lukah 1x
26	CITIC Seram Energy	5,000
27	JOB PetroChina Kepala Burung	3,700	Additional output from North East AJA
28	JOB Medco Tomori	3,500
29	Premier Oil	3,100
30	JOB PetroChina East Java	3,100
31	C&T Siak	1,900
32	JOB Talisman	1,800	Additional output from South Guruh
33	Pearl Oil	1,700
34	JOB GSIL	1,600
35	Camar Resources	1,500
36	Medco E&P Tarakan	1,400
37	EMOI NSO	900
38	Kalrez Petroleum (Seram)	800
39	Petrochina Bangko	700
40	Conoco S Jambi	500
41	Petroselat	500
42	ExxonMobil SLS	400
43	JOB Costa	100
44	C&T MFK	100
45	JOB Hess	100	Additional production from Pulau Gading dan Sungai Kenawang
46	ExxonMobil Pase	100
Total (MBOPD)		1.034