SKK Migas approves oil, gas development plans

Upstream authority SKK Migas has approved 18 plans of development (POD) proposed by oil and gas contractors during the period of January 1-September 2 of this year.

SKK Migas Public Relations Head, Elan Biantoro said in a statement Sunday that total investment for the development of the oil and gas fields is estimated at around US$3.65 billion. ?State revenue is projected to reach $10.55 billion, or about Rp 148 trillion,? he said.

Among of the approved plans of development include the put on production of Gulamo North-01 well in Rokan block, operated by PT Chevron Pacific Indonesia, with investment of $1.2 million, which will increase production by 150 bpd in 2015; first POD of Parik Minyak field in Kisaran block, operated by Pacific Oil & Gas, with investment of $53.5 million, which is expected to produce 1,300 bopd in 2016; plan of further development (PoFD) of Foxtrot field in ONWJ block, operated by PHE ONWJ, with investment of $425.5 million, with production projected at 11,000 bopd and 12 mmsfd of gas in 2019; and the revised POD of Tiung Biru-Jambaran field in Cepu block, operated by PT Pertamina EP Cepu, with investment of $2.96 billion, which will produce 315 mmscfd of gas and 1,300 bopd in 2020.

Elsewhere, Elan said that SKK Migas has also revied proposed revision of POD for Abadi field in Masela block from INPEX on September 2, under which the company proposed floating LNG facility with processing capacity of 7.5 million tons per year.

No	Type	Field	Company	Block	Date of approval	Type of production
1	POD	North Klalin field	Petrochina International (Bermuda) Ltd.	Bermuda	28-Jan-15	Condensate & Gas
2	POFD	Samboja Asset 5 field	PT. Pertamina EP	Indonesia	23-Mar-15	Oil
3	POP	Gulamo North - 01 well	PT. Chevron Pacific Indonesia	Rokan	28-May-15	Oil
4	POFD	Mengatal & Juata field	PT. Pertamina EP	Indonesia	05-May-15	Oil
5	POFD	Duri Area 1-10 field	PT. Chevron Pacific Indonesia	Rokan	05-May-15	Oil
6	POFD	Duri Steamflood Area 10NE Phase-1 field	PT. Chevron Pacific Indonesia	Rokan	05-May-15	Oil
7	POFD	Oseil-2 field	Citic Seram Energy Ltd.	Seram Non Bula	05-May-15	Oil
8	POD I	Parit Minyak field	Pasific Oil & Gas	Kisaran	28-May-15	Oil
9	POP	Pematang Lantih-3 well	MonD'Or Oil Tungkal	Tungkal	23-Jun-15	Oil
10	POD I	Tutung field	Salamander Energy (Bontang) Pty. Ltd	Bontang	13-Jul-15	Condensate & Gas
11	POFD	Tanjung Miring Barat field	PT. Pertamina EP	Indonesia	13-Jul-15	Oil
12	POFD	Bajubang field	PT. Pertamina EP	Indonesia	13-Jul-15	Oil
13	POP	NASD-1 well	JOB Pertamina ? Talisman Ogan Komering	Ogan Komering	15-Jul-15	Oil
14	POFD	Kambitin field	PT. Chevron Pacific Indonesia	Rokan	22-Jul-15	Oil
15	POFD	Foxtrot field	PHE ONWJ	ONWJ	23-Jul-15	Oil & Gas
16	POD I	Akatara field	PT. Hexindo Gemilang Jaya	Lemang	4-Aug-15	Oil, Condensate & Gas
17	POD Revisi	Jambaran-Tiung Biru Unitization Field	PT. Pertamina EP Cepu	Cepu	17-Aug-15	Condensate & Gas
18	POD Revisi	Wasambo field	Energy Equity Epic (Sengkang)	Sengkang	2-Sep-15	Gas

Editing by Reiner Simanjuntak