PHE ONWJ starts drilling of LLD-3 ST well
Friday, June 16 2017 - 04:15 AM WIB
Petromindo|Khalsa
PT Pertamina Hulu Energi Offshore North West Java (PHE ONWJ) has recently drilled the LLD-3ST development well at the ONWJ block in West Java Province using jack up rig owned by IDX-listed oil and gas drilling contractor PT Apexindo Pratama Duta Tbk, according to a top official of the firm.
?Since Thursday morning (June 15), the Soehanah jackup rig has started operating (at LLD-3ST well),? Executive Vice President/General Manager of PHE ONWJ Irwansyah told Petromindo.com on Friday.
He said that drilling of the LLD-3 ST well is a side track (ST) job, meaning that it is being carried out at existing well, thus it is technically not termed as ?spudding.?
The government signed on January 18 a new production sharing contract of the ONWJ block, assigning the entire contract to the block?s previous operator PHE ONWJ, an indirect subsidiary of state-owned oil and gas firm PT Pertamina. The government applied for the first time the newly-introduced gross split scheme in the new ONWJ block contract, meaning that the operator will no longer get reimbursement from the government for its operating and production costs.
Editing by Reiner Simanjuntak