Indonesian annual output lower than target

Indonesia?s oil output is projected to average 1.05 million barrels per day this year, lower than the state budget?s target of 1.11 million barrels per day as major producers are failing to meet their output target.

Trijana Kartoatmodjo, deputy chairman of oil and gas upstream regulator BP Migas, said during the hearing with the House of Representatives? Commission VII which oversees among others energy affairs, said the oil output of the existing fields would fall to 1.004 million barrels per day this year.

However, the nation?s output could be increased to 1.05 million barrels per day thanks to the operation of new fields and some improvement in the operation of some existing fields.

The new fields contribute a total of 24,250 barrels oil per day to the nation?s oil production, according to Trijana.

According Trijana, major oil producers, such as Chevron Indonesia, PT Pertamina and CNOOC, are unable to meet their target output.

Pertamina?s output, for instance, now stands at 89,895 bopd (81.72 percent of the target) and CNOOC?s output at 68,272 bopd (88.75 percent of the target.

Trijana did not explain the reasons that they could not meet their output targets. (Godang)

New Fields in 2006

No.	Field	Location	Operator	Initial Output (BOPD)
1	Zamrud South	CPP, Riau	BOB Pertamina BSP	1,349
2	Nilam	CPP, Riau	BOB Pertamina BSP	250
3	Krisna (waterflood)	SES, Offshore W. Java	CNOOC	1,052
4	Argo	Salawati, Papua	JOB Pertamina PetroChina	350
5	Tiaka	Senoro Toili, C. Sulawesi	JOB Pertamina Medco	3,359
6	MESG-01	Malaka Strait, Riau	Kondur Petroleum SA	100
7	SE Bene Bekasap	CPP, Riau	BOB Pertamina BSP	290
8	Oyong	Madura Offshore	Santos	6,000
9	Pondok Tengah	Bekasi, W. Java	Pertamina	1,500
10	Kaji Semoga Telisa	Rimau, S. Sumatra	Medco E&P	2,000
11	Kaji Semoga (waterflood)	Rimau, S. Sumatra	Medco E&P	6,000
12	Sisi Nubi	Mahakam, E. Kalimantan	Total E&P Indonesie	2,000
?	?	?	TOTAL	24,250