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Thursday, August 6, 2020

PHE Jambi Merang Complete 2D Survey Without Accident



PT Pertamina Hulu Energi (PHE) Jambi Merang, a subsidiary of PHE, made a new history by completing the implementation of a two-dimensional (2D) Seismic Survey of a Firm Work Commitment (FWP) for the 31,140 km Jambi Merang Working Area on Monday (3 August) at 15.45 WIB. The success of completing this seismic exceeded the target of 30,000 km or 103.8% with no work accidents or zero incidents.

"Thank God, we are grateful PHE Jambi Merang was able to complete the 2D survey in less than a year during the Covid-19 pandemic," said Pertamina Hulu Energi Exploration Director Medy Kurniawan.

PT Elnusa Tbk (ELSA) Ship

A 2D seismic survey of the Jambi Merang KKP is the first implementation in an open area that began on November 20, 2019. It is hoped that Pertamina can continue to support the increase in national oil and gas production and reserves, especially to get a giant discovery.

According to Medy, the 2D PHE Jambi Merang survey was not only carried out in the Jambi Merang block area. Because it is open, the survey was also conducted outside the Jambi Merang area. 

    In this activity PHE Jambi Merang appointed PT Elnusa Tbk (ELSA), an affiliated company of PT Pertamina (Persero), to conduct a 2D survey starting from western waters to eastern Indonesia.

This 2D offshore seismic survey is the largest exploration activity over the past decade because it passes through Bangka waters to Seram Island in Maluku. In addition, this 2D seismic uses 2D seismic marine broadband technology and is carried out by a single operator, Elnusa's Elsa Regent Ship.

Elnusa's Elsa Regent Ship

Apart from the offshore 2D Seismic survey, a 3D seismic survey was also carried out in the Jambi Merang working area covering an area of ​​237 km2 covering two provinces, namely South Sumatra and Jambi, as well as three districts namely Musi Banyuasin, Banyuasin, and Muaro Jambi.

For information, this 2D seismic survey is part of the Jambi Merang Firm Work Commitment (FWP) until 2024 with an investment value of US $ 239.3 million. Specifically for exploration activities, in the Firm Work Commitment (FWP) US $ 196.5 million has been allocated to increase the discovery of reserves so that other exploration activities will be carried out in the future. 

    Medy said PHE will process and evaluate the 2D survey results. It is hoped that the results of the evaluation can be completed in December 2020.

"We are grateful to the government for giving the confidence to carry out the mandate of this work. Even though it was full of challenges, finally the 2D survey work was completed even earlier than the target. This is of course due to the support of all parties, the Ministry of Energy and Mineral Resources, SKK Migas, and other stakeholders, "he said.

Investor Daily, Page-12, Thursday, August 6, 2020

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