PHE ONWJ exceeds production target

Pertamina Hulu Energi Offshore North West Java (PHE ONWJ) said that it managed to produce oil at the average of 37,900 barrels per day during the first quarter of this year, exceeding the target set in WP&B 2013 by four percent.

Its gas production during the same period averaged at 212 MMSCFD, exceeding by 10 percent the target set in its WP&B 2013, which has been approved by the upstream authority SKK Migas, the company said in a press statement on Monday.

During this year, PHE ONWJ, which is one of Indonesia?s largest contributor to the national production, will conduct 3D seismic surveys, drillings of 27 wells with three rigs, new fields development, maintenance of production facilities, including the project of LIMA Subsidence Remediation. To make it safe in longer term, the company has got an approval from SKK Migas to improve it by conducting a deck raising.

In realizing its production, PHE ONWJ has also paid a serious attention to safety and environmental issues. Until April 2013, PHE ONWJ has reached 19.7 million hours with zero accidents and had been awarded with the Zero Accident by the labor and transmigration ministry. It had also won an environmental award, PROPER Green, from the ministry of environment last year.

PHE ONWJ operates an offshore fields, scattered across 8,300 sq.kilometers on sea waters spanning from north of Cirebon up to Seribu Islands at north of Jakarta.

Editing by Benget Besalicto Tnb