Kodeco to resume production from damaged platform in 6 months
Thursday, October 14 2010 - 05:23 AM WIB
Oil, gas firm Kodeco Energy would need at least 6 months resume crude and gas production from its platform at West Madura PSC offshore East Java that was damaged after being hit by a passing cargo ship, an official with upstream oil, gas authority BPMIGAS said on Wednesday.
Spokesperson Elan Subiantoro told Petromindo.Com that the 6 months? time will be needed to prepare new budget (WP&B) and authorization for expenditure (AFE) to repair the platform, tendering process and repair works itself.
An unidentified passing cargo ship hit KE40 production platform in August 2010, causing damage that put oil and gas production on halt.
The incident has put production stoppage on 1,600 BPD of oil and 13 MMCFD of gas from three production wells. Other production facilities remained intact and working normally. Normally, the block produced 25,000 BOPD. (bernard)