PEPC: Six wells planned to be drilled at JTB project
Thursday, September 29 2016 - 04:12 AM WIB
PT Pertamina EP Cepu (PEPC), an indirect subsidiary of state-owned oil and gas firm PT Pertamina, said that six wells are planned to be drilled during the early production period at the Jambaran-Tiung Biru (JTB) project in East Java.
?The plan is to drill six wells,? said PEPC President Director Adriansyah to Petromindo.com, adding that the drilling program will be jointly carried out with ExxonMobil Cepu Limited (EMCL), the operator of the Cepu Block.
Public and Government Affairs Manager at PEPC, Abdul Malik, said that four wells will be drilled by EMCL, and two will be made by PEPC.
The JTB project is expected to come onstream in the first quarter of 2019 with a production rate of 227 mmscfd of gas and a peak production of 315 mmscfd in 2019. The production will be sourced from six wells.
The Tiung Biru Jambaran field initially consisted of two fields: Tiung Biru and Jambaran. The government later decided to unitize the fields given that they are close to each other. The Tiung Biru field is located within PEPC?s operations area which is adjacent to the giant Cepu oil and gas block jointly operated by EMCL, a unit of ExxonMobil Indonesia, and PEPC. The Jambaran gas field is located within the Cepu block, which is operated by EMCL. EMCL and PEP agreed in September 2012 to unitize both fields with PEPC serving as operator.
Editing by Reiner Simanjuntak