SKK Migas approves POD for Kedung Keris field

Upstream authority SKK Migas has approved the plan of development (POD) for Kedung Keris field in Cepu Block, East Java, Bisnis.com reported.

The news portal quoted SKK Migas Deputy for Planning Control Gunawan Sutadiwiria as saying Wednesday that the POD was approved by SKK Migas Chief Amien Sunaryadi last week.

American firm ExxonMobil Cepu Ltd (EMCL) submitted the POD in April. Gunawan said production is expected to start in the fourth quarter of 2018.

But EMCL VP for public and government affairs Erwin Maryoto said previously as reported by petromindo.com that the field is scheduled to be onstream in 2019, with production of approximately 5,000 bopd.

EMCL found oil reserves at Kedung Keris field in 2011. The field is part of the Cepu block,located at the borders of Central and East Java, which is operated by EMCL with a participating interest of 45 percent. Pertamina EP Cepu (PEPC) holds another 45 percent interest.(*)