google.com, pub-9591068673925608, DIRECT, f08c47fec0942fa0 Pertamina and Chevron Still Discussing EOR - MEDIA MONITORING OIL AND GAS -->

MARKET

Monday, November 16, 2020

Pertamina and Chevron Still Discussing EOR

 


It seems that the increase in production of the Rokan Block using the Enhance Oil Recovery (EOR) method cannot be realized smoothly, because PT Chevron Pacific Indonesia is reluctant to provide all EOR formulas to PT Pertamina Hulu Rokan so that production can be more than 170,000 barrels per day.

Secretary-General of the National Energy Council (DEN) Djoko Siswanto said that in order for PT Pertamina to carry out EOR it would need four formulas, but Chevron was reluctant to provide one other formula.


"There are four formulas. Chevron has provided three formulas, one other formula is not given, he said.

The management of Chevron Pacific Indonesia has not yet answered confirmation regarding the progress of the transition to managing the Rokan Block and the EOR formula to increase the production of the block. 

the Rokan Block 

    Meanwhile, PT Pertamina (Persero) Senior Vice President for Corporate Communication & Investor Relations, Agus Suprijanto, admitted that until now Pertamina is still discussing with Chevron about EOR in the Rokan Block. However, he could not mention the progress of Pertamina's discussion with Chevron.

"For discussion material with Chevron, we have internal discussions, it cannot be shared yet," said Agus.

the Rokan Work Area (WK)

In general, the work program for 2021 in the Rokan Block is still being discussed with SKK Migas. To be sure, Agus ensures that the transition process for managing the Rokan Work Area (WK) will continue as planned. Pertamina Hulu Rokan will become the Cooperation Contract Contractor (KKKS) managing the WK Rokan as of August 9, 2021.

"Regarding the program details, we will share if there are official results," said Agus.

He also said that Pertamina would still work on the EOR scheme. Although he did not disclose the significant impact of using EOR to increase production in the Rokan Block, Agus assured Pertamina that it already had calculations. Agus said that currently discussions related to the economy were still ongoing.

"The calculation is there. "We are currently in discussions regarding various economic alternatives with the government," said Agus.

Kontan, Page-12, Monday, Nov 16, 2020

No comments:

Post a Comment

POP UNDER

Iklan Tengah Artikel 1

NATIVE ASYNC

Iklan Bawah Artikel