Oil production of Pertamina and Petrochina up in Papua
Tuesday, July 22 2014 - 09:38 AM WIB
Papua and Maluku representative office of the upstream oil and gas authority SKK Migas reported on Tuesday that oil production of PT Pertamina EP Aset 5 Field Papua since January until June this year has averaged at 1,156 barrels per day as compared to the target of 1,047 barrels per day set by the government.
Oil production of Petrochina International Bermuda during the same period reached 5,400 barrels per day, exceeding the target of 5,100 barrels per day set by the government. Then after Idul Fitri celebration, Petrochina production will increase further by 250 barrels per day as two wells, North Klalin-2 and North Klalin-3, will start production.
It is expected that by the year end, the oil production of Petrochina International Bermuda will amount to 5.600 barrels per day, and even based on optimistic scenario it could reach up to 6,000 barrels per day.
SKK Migas? Papua and Maluku Representative office said that the production increase was not only due to technical improvements, but also due to hardworking of all stakeholders, which include local governments, local public figures and local people.
?We highly appreciate PT Pertamina EP Aset 5 Field Papua, Petrochina International Bermuda, local governments, and all other stakeholders who had managed to cooperate in increasing the oil production,? SKK Migas Papua and Maluku?s Public Relations Head Bambang Dwi Djanuarto said on the sidelines of the signing ceremony of memorandum of understanding (MoU) between SKK Migas, PSC contractors in Papua and Maluku, and the Papua Energy Journalists Forum in Sorong on Tuesday.
Currently, there are six PSC contractors operating in Papua and Maluku, namely Pertamina EP Aset 5 Field Papua, Petrochina International Bermuda, Joint Operating Body (JOB) Pertamina-Petrochina Salawati, BP Indonesia, Kalrez Petroleum, and Citic Seram Energy.
Besides the six, there are two, namely Genting Oil, and Inpex Masela, which are still in the process of developing their projects.
Editing by Benget Besalicto ST