SKK Migas set to offer flare gas potential to investors
Monday, July 31 2017 - 03:44 AM WIB
Petromindo
Upstream authority SKK Migas said that is ready to offer flare gas potential in the country?s upstream oil and gas operations to investors, saying that 10 oil and gas fields are estimated to have flare gas potential of 19.369 MMSCFD.
SKK Migas said in a statement that the fields were operated by a number of contractors including CNOOC, ConocoPhilips, Chevron Pacific Indonesia, Medco E&P Indonesia, and Pertamina EP.
Head of Oil and Gas Commercialization Division at SKK Migas, Waras Budi Santosa said in the statement that the flare gas potential estimate is preliminary data used as indication to start assessment on the potential flare gas utilization.
Minister of Energy and Mineral Resources Ignasius Jonan issued in May Ministerial Regulation No 32/2017 on the utilization and selling price of flare gas in upstream oil and gas activities. The objective of the new regulation is to reduce flaring volume and greenhouse gas emission in upstream activities.
According to the regulation, the flare gas can be used for power generation, pipeline gas for industries/households, compressed natural gas, LPG, and dimethyl ether production, or other purposes. Upstream authority SKK Migas will offer the flare gas potential to the buyers by publishing data on flare gas potential of the upstream oil and gas contractors, the regulation says.
The minister determines the selling price of the flare gas based on recommendation made by SKK Migas. The selling price for state-owned company is set at a limit of US$0.35 per MMBTU, without price escalation.
No |
Contractors |
Field/Block |
Estimate of location/coordinates |
Volume estimate (MMSCFD) |
Composition estimate |
||
C1 (%) |
H25 (ppm) |
CO2 (%) |
|||||
1 |
CNOOC |
Zelda, Central Business Unit (OFFSHORE) |
Java Sea; S 05*11'10.72"E 105*22'54.85" |
5.18 |
66.39 |
8 |
25.6 |
2 |
ConocoPhillips Grissik Ltd. (CPGI) |
Field Grissik, Block Corridor (ONSHORE) |
Sumatera Selatan, BT: 103*56'14.005" Ls: 2*17'13.523" |
2.149 |
93.29 |
35 |
0.99 |
3 |
Chevron Pacific Indonesia (CPI) |
Rantau Balam GS SLN, Block Rokan (ONSHORE) |
Riau; N. 01*40'02.8"E. 100*45'44.9" |
1.691 |
68 |
54 |
26.6 |
4 |
Chevron Pacific Indonesia (CPI) |
Rantau Bais GS, Block
Rokan (ONSHORE) |
Riau; N. 01*06'09.9"E. 101*05'46.3" |
1.69 |
83.39 |
N/A |
8.07 |
5 |
Medco E&P Indonesia (MEPI) |
Field Matra, Block South Sumatera (ONSHORE) |
Sumatera Selatan; S : 02*53'15.8" E : 103*55'10,1" |
1.18 |
64.98 |
0 |
1.32 |
6 |
ConocoPhillips Grissik Ltd. (CPGI) |
Field Suban, Block Corridor (ONSHORE) |
Sumatera Selatan; BT: 103**23'02.321" LS: 2*32'16.672" |
0.926 |
52.19 |
14 |
7.67 |
7 |
Medco E&P Indonesia (MEPI) |
5 titik Flaring Kaji, Field Kaji Semoga, Block Rimau (ONSHORE) |
Musi Banyuasin, Sumatera Selatan |
0.749 |
67.83 |
0 |
1.76 |
8 |
Pertamina EP, Asset 3 (PEP) |
EPF Bambu besar, Field Subang (ONSHORE) |
Subang, Jawa Barat |
0.944 |
43.5 |
27 |
32.8 |
9 |
Pertamina EP, Asset 3 (PEP) |
SP Randegan, Field Jatibarang (ONSHORE) |
Jatibarang, Jawa Barat |
4.14 |
46.79 |
- |
42 |
10 |
Pertamina EP, Asset 3 (PEP) |
X Ray, Field Jatibarang (OFFSHORE) |
Laut Jawa, Jawa Barat |
0.72 |
62.89 |
- |
2.29 |
Editing by Reiner Simanjuntak