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Cepu block returns to normal production at 220 thousand BPD

 


The Special Task Force for Upstream Oil and Gas Business Activities (SKK Migas) stated that the Cepu Block has returned to producing around 220 thousand barrels of oil per day (BPD) after having stopped operations (planned shutdown) for routine maintenance.

the Cepu Block

Acting Head of Program and Communication Division of SKK Migas, Susana Kurniasih, said that the cessation of the operation took place faster than planned for 9 days to 7 days. With the acceleration of the planned shutdown since September 18th, Banyu Urip Field, Cepu Block, has started producing oil again.

Banyu Urip Field, Cepu Block.

"Within 2 days of schedule, there will be potential to increase the production of 450 thousand barrels of oil," said Susana.

Susana Kurniasih

Susana explained this additional production is very important for SKK Migas in an effort to meet the lifting target of oil and gas (oil and gas) in the Revised State Budget (APBN-P) 2020.

Blogger Agus Purnomo in SKK Migas

"In addition, this acceleration will also have an impact on saving operating costs so that we can optimize state revenues," said Susana.

Susana added that this success was due to the excellence shutdown handling carried out by the SKK Migas team with Exxon Mobil Cepu Limited (EMCL) is the Cepu Block operator. Even during the Covid-19 pandemic which resulted in work restrictions, the cessation of operations could be accelerated with digital optimization.

Vice President Public and Government Affairs Exxon Mobil Indonesia Azi N Alam said, the planned shutdown activities have been planned, scheduled, and approved in the work plan and budget (Work Program & Budget / WP & B). Thus, this activity has no effect on achieving the Cepu Block production target. 

    In addition to routine maintenance, activities carried out during the planned shutdown also include gas handling capacity upgrades and support the process of working on the tie-ins for the Jambaran-Tiung Biru Project.

the Jambaran-Tiung Biru Project

"Focusing on the implementation of safe and good work activities has enabled the Cepu Block to return to production of more than 220 thousand," said Azi N Alam.

Currently, his party is focused on maintaining operational stability. After that, his party will gradually increase oil production from the Cepu Block while ensuring the safety and reliability of operations. 

    Referring to SKK Migas data, the Cepu Block is targeted to produce 220 thousand bpd of oil according to the 2020 State Budget. As of last June, the realization of this block's production has reached 220,279 thousand BPD or the largest in Indonesia.

Furthermore, until August 12, production will again increase to 228 thousand bpd. On the other hand, SKK Migas is also working on accelerating several work programs from oil and gas companies operating in Indonesia. 

    He hopes that the implementation of this work program can be the initial capital to realize the oil production target next year which is set the same as this year, which is 705 thousand bpd.

"Anything that can be done in 2020, such as maintenance, procurement, licensing, and other things, we ask that it be implemented immediately. This is a joint commitment, "said Susana.

Investor Daily, Page-10, Tuesday, Sept 29, 2020

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