The Natuna Sea Block A Project Gives Out the First Gas

One of the upstream oil and gas projects that can produce alias onstream next year is Bison, Iguana and Gajah-Puteri (BIG-P) in the Natuna Sea Block A. Working Area. The project, which is located in a block managed by Premier Oil, has distributed first gas on Thursday (11/28) last week.

the Natuna Sea Block A

The Special Task Force for Upstream Oil and Gas Business Activities (SKK Migas) said the project was successfully completed within two years with a total estimated investment value of US $ 325 million.

Gas reserves in the BIG-P project reached 93 billion cubic feet (bcf). Later, the gas will flow through the existing infrastructure at WK Natuna Sea Block A. Head of the SKK Migas Program and Communication Division, Wisnu P Taher, welcomed the additional gas production from the BIG-P project

"Production from the Bison field is around 15 mmscfd and from the Iguana field about 25 mmscfd. The Bison and Iguana well performance tests were successfully completed and in parallel the integrated gas flow test from the two wells at a combined flow rate of 40 mmscfd was also completed successfully," he said.

KUFPEC

Wisnu added, this was a concrete effort to continue to increase Indonesia's upstream oil and gas production. Premier Oil as the operator of WK Natuna Sea Block A has a stake of 28.67%, while the rest is owned by several parties namely KUFPEC, Pertamina, PTT and Petronas.

IN INDONESIA

Proyek Natuna Sea Block A Mengalirkan Gas Pertama

Salah satu proyek hulu migas yang bisa berproduksi alias onstream pada tahun depan adalah Bison, Iguana dan Gajah-Puteri (BIG-P) di Wilayah Kerja (WK) Natuna Sea Block A. Proyek yang berlokasi di blok yang dikelola oleh Premier Oil ini telah menyalurkan gas pertamanya pada Kamis (28/11) pekan lalu. 

Satuan Kerja Khusus Pelaksana Kegiatan Usaha Hulu Migas (SKK Migas) menyebutkan proyek tersebut berhasil rampung dalam kurun waktu dua tahun dengan total estimasi nilai investasi sebesar US$ 325 juta. 

Cadangan gas yang terdapat pada proyek BIG-P mencapai 93 bfillion cubic feet (bcf). Kelak, gas tersebut akan mengalir melalui infrastruktur existing di WK Natuna Sea Block A. Kepala Divisi Program dan Komunikasi SKK Migas, Wisnu P Taher, menyambut baik adanya tambahan produksi gas dari proyek BIG-P.

"Produksi dari lapangan Bison sekitar 15 mmscfd dan dari lapangan Iguana sekitar 25 mmscfd. Uji kinerja sumur Bison dan Iguana berhasil diselesaikan dan secara paralel uji aliran gas terintegrasi dari kedua sumur pada laju alir gabungan 40 mmscfd juga diselesaikan dengan sukses," tutur dia.

Wisnu menambahkan, hal ini merupakan upaya konkret untuk terus meningkatkan produksi hulu migas Indonesia. Premier Oil selaku operator WK Natuna Sea Block A memiliki kepemilikan saham sebanyak 28,67%, sedangkan sisanya dimiliki beberapa pihak yaitu KUFPEC, Pertamina, PTT dan Petronas.

Kontan, Page-14, Tuesday, Dec 3,  2019

Four New Oil and Gas Fields, East Java to be Oil and Gas Fields

SKK Migas expects that four large upstream oil and gas sector projects in the Java, Bali and Nusa Tenggara (Jabanusa) regions will be completed on schedule. Thus, the four projects can immediately support the national oil and gas lifting target. Also able to restore East Java (East Java) as oil and gas fields in Indonesia.

ExxonMobil Cepu Ltd (EMCL) Field

Head of SKK Migas Jabanusa Nur Wahidi said that the four upstream oil and gas strategic projects were in Bojonegoro and Madura. Exactly, the Kedung Keris project, Bojonegoro, operated by ExxonMobil Cepu Ltd (EMCL), the Jambaran Tiung Biru project in Bojonegoro with the Pertamina EP Cepu (PEPC) operator, the Bukit Tua Phase 3 project in Sampang, which was carried out by Petronas Carigali Ketapang II Ltd, and the TSB project in Bojonegoro with the Pertamina EP Cepu (PEPC) operator, the Bukit Tua Phase 3 project in Sampang, which was carried out by Petronas Carigali Ketapang II Ltd. Phase 2 in Sumenep with operator Kangean Energi Indonesia (KEI).

Petronas

"Completion of the project on schedule has a positive effect on achieving the lifting target set by the government," Nur said during the Media Workshop on Period III SKK Migas Jabanusa-KKKS with the leaders of the East Java and Central Java mass media.

the Jambaran Tiung Biru project

Until now, the work on the Jambaran Tiung Biru project has reached 37.72 percent. The target is that in June 2021 the project will be finished and can start production.

"From this project, the maximum target for gas sales can increase 10 percent nationally or equivalent to 192 million cubic feet per day," he explained.

Komaidi Reforminer Executive Director added that upstream oil and gas investment requires 73 supporting sectors and 45 user sectors. A total of 73 supporting sectors were able to contribute 55.99 percent of GDP. Meanwhile, the workforce that can be employed reaches 61.53 percent.

IN INDONESIA

Empat Ladang Migas Baru, Jawa Timur menjadi Ladang Minyak dan Gas

SKK Migas mengharapkan empat proyek besar sektor hulu migas di kawasan  Jawa, Bali, dan Nusa Tenggara (Jabanusa) selesai sesuai dengan jadwal. Dengan demikian, empat proyek tersebut bisa segera mendukung target capaian lifting migas nasional. Juga mampu mengembalikan Jawa Timur (Jatim) sebagai ladang migas di Indonesia. 

Kepala SKK Migas Jabanusa Nur Wahidi mengatakan bahwa keempat proyek strategis hulu migas itu berada di Bojonegoro dan Madura. Tepatnya, proyek Kedung Keris, Bojonegoro, yang dioperatori ExxonMobil Cepu Ltd (EMCL), proyek Jambaran Tiung Biru di Bojonegoro dengan operator Pertamina EP Cepu (PEPC), proyek Bukit Tua Phase 3 di Sampang yang dikerjakan Petronas Carigali Ketapang II Ltd, dan proyek TSB Phase 2 di Sumenep dengan operator Kangean Energi Indonesia (KEI).

"Selesainya proyek sesuai jadwal berpengaruh positif terhadap pencapaian target lifting yang telah ditetapkan pemerintah," ujar Nur saat Lokakarya Media Periode III SKK Migas Jabanusa-KKKS dengan para pemimpin media massa Jawa Timur dan Jawa Tengah.

Hingga saat ini, pengerjaan proyek Jambaran Tiung Biru mencapai 37,72 persen. Targetnya, Juni 2021 proyek tersebut sudah selasai dan bisa mulai berproduksi. 

"Dari proyek ini, target maksimum sales gas bisa meningkat 10 persen secara nasional atau setara 192 juta kaki kubik per hari,” terangnya.

Direktur Eksekutif Reforminer Institute Komaidi menambahkan bahwa investasi hulu migas membutuhkan 73 sektor pendukung dan 45 sektor pengguna.

Sebanyak 73 sektor pendukung itu mampu berkontribusi 55,99 persen terhadap PDB. Sementara itu,  tenaga kerja yang bisa dipekerjakan mencapai 61,53 persen.

Jawa Pos, Page-6, Saturday, Nov 23, 2019

Four Upstream Oil and Gas Strategic Projects in Jabanusa

A total of four (4) major upstream oil and gas sector projects in the SKK areas of Java, Bali and Nusa Tenggara (Jabanusa) are expected to be completed according to the specified schedule. Because the four projects strongly support the achievement of oil and gas lifting targets nationally. 

     The four upstream oil and gas strategic projects are the Kedung Keris project in Bojonegoro Regency, East Java Province with the operator ExxonMobil Cepu Ltd (EMCL), the Jambaran Tiung Biru project in Bojonegoro Regency with the Pertamina EP Cepu (PEPC) operator, the Bukit Tua Phase 3 project operated by Petronas Carigali Ketapang II Ltd in Sampang Regency, East Java Province, and finally the Phase 2 TSB project with Kangean Energi Indonesia operator in Sumenep Regency, East Java Province.

Petronas

This was said by the Head of SKK Migas Jabanusa, Nur Wahidi during the media workshop activities of Period III SKK Migas Jabanusa-KKKS with mass media leaders from East Java and Central Java, Tuesday (19 / Nov / 2019).

"We expect the four projects to be completed on schedule. Because, the completion of the project on schedule has a positive effect on achieving the lifting target set by the government, "he said.

In the workshop III of SKK Migas Jabanusa with the leaders of the mass media in Bali, a number of speakers appeared to provide material. Among them, Chairperson of the Central Advisory Board of PWI Margiono, Heri Susanto (Director of Research & Data, Katadata), Komaidi Notonegoro (Executive Director of the ReforMiner Institute), and Nur Wahidi (Head of SKK Migas Representative Jabanusa).

In the context of achieving project targets according to schedule, according to Nur Wahidi, constructive support from all stakeholders is highly expected, both local governments, community leaders, mass media, and society at large.

"I also say many thanks for the support of the mass media to SKK Migas so far. Only one percent of negative news about upstream oil and gas in Jabanusa during 2019, "he said.

Specifically for the Jarmbaran Tiung Biru project, Nur Wahidi explained, the overall project progress reached 37.72 percent. Where is the progress for project engineering work with 80.72 percent, procurement with 40.36 percent, and construction with 14.49 percent. It is targeted that in June 2021 the Jambaran Tiung Biru project will be completed and start production.

From this project, the maximum target for gas sales is to increase 10 percent nationally or equivalent to 192 million cubic feet per day. During this time, as many as 15 cooperation contract contractors (KKKS) in the Jabanusa SKK Migas area are currently carrying out oil and gas exploitation. In addition, there are 6 KKKS carrying out exploration activities. Jabanusa's position in national oil and gas lifting is very important and becomes a backbone.

2018 data shows that the realization of oil lifting from Jabanusa amounted to 253,822 thousand barrels per day or reached 102.60 percent of the target. While the gas lifting target is 753.2 million cubic feet per day. In 2019, the oil lifting target from Jabanusa is 258,169 thousand barrels per day and until 2019 it will reach 100.87 percent of the target.

The target for lifting gas from Jabanusa is set at 731.3 million cubic feet per day. Support from all parties is needed by SKK Migas Jabanusa in this context, Nur Wahidi stressed, because until now from monitoring related to permits and land issues in Jabanusa, there are a number of problems that must be resolved immediately. 13 non-technical licensing issues, 77 explosive licensing issues, 5 land acquisition issues, and 3 forest area lease-to-use permits issues.

 "SKK Migas and KKKS work in the interests of the country, especially in the context of fulfilling national energy and state revenues," he warned.

IN INDONESIA

Empat Proyek Strategis Hulu Migas di Jabanusa

Sebanyak empat (4) proyek besar sektor hulu minyak dan gas di kawasan SKK Jawa, Bali, dan Nusa Tenggara (Jabanusa) diharapkan selesai sesuai jadwal yang ditetapkan. Sebab, keempat proyek sangat mendukung target capaian lifting minyak dan gas secara nasional. 

      Empat proyek strategis hulu migas itu adalah proyek Kedung Keris di Kabupaten Bojonegoro, Propinsi Jawa Timur dengan operator ExxonMobil Cepu Ltd, proyek Jambaran Tiung Biru di Kabupaten Bojonegoro dengan operator Pertamina EP Cepu (PEPC), proyek Bukit Tua Phase 3 yang dioperatori Petronas Carigali Ketapang II Ltd di Kabupaten Sampang, Propinsi Jawa Timur, dan terakhir proyek TSB Phase 2 dengan operator Kangean Energi Indonesia di Kabupaten Sumenep, Propinsi Jawa Timur. 

Hal tersebut dikatakan Kepala SKK Migas Jabanusa, Nur Wahidi pada kegiatan lokakarya Media Periode III SKK Migas Jabanusa-KKKS dengan pimpinan media massa dari Jatim dan Jateng, Selasa (19/Nov/2019). 

“Kita harapkan ke-empat proyek tersebut selesai on schedule. Sebab, selesainya proyek sesuai jadwal berpengaruh positif terhadap pencapaian target lifting yang telah ditetapkan pemerintah,” ujarnya. 

Pada kegiatan lokakarya III SKK Migas Jabanusa dengan pimpinan media massa di Bali, sejumlah narasumber tampil memberikan materi. Di antaranya, Ketua Dewan Penasihat PWI Pusat Margiono, Heri Susanto (Direktur Riset & Data, Katadata), Komaidi Notonegoro (Direktur Eksekutif ReforMiner Institute), dan Nur Wahidi (Kepala SKK Migas Perwakilan Jabanusa). 

Dalam konteks capaian target proyek sesuai jadwal, menurut Nur Wahidi, dukungan konstruktif dari semua stakeholder sangat diharapkan, baik pemerintah daerah, tokoh masyarakat, media massa, dan masyarakat secara luas. 

“Saya juga sampaikan banyak terima kasih atas dukungan media massa kepada SKK Migas selama ini. Hanya satu persen berita negatif tentang hulu migas di Jabanusa sepanjang 2019,” katanya. 

Khusus untuk proyek Jarmbaran Tiung Biru, Nur Wahidi menjelaskan, progress proyek secara keseluruhan mencapai 37,72 persen. Di mana progress untuk pekerjaan engineering proyek dengan 80,72 persen, procurement dengan 40,36 persen, dan construction dengan 14,49 persen. Ditargetkan pada Juni 2021 mendatang, proyek Jambaran Tiung Biru selasai dan mulai berproduksi. 

Dari proyek ini, target maksimum sales gas meningkat 10 persen secara nasional atau setara 192 juta kaki kubik per hari. Selama ini, sebanyak 15 kontraktor kontrak kerja sama (KKKS) di kawasan SKK Migas Jabanusa yang sedang menjalankan eksploitasi migas. Selain itu, ada 6 KKKS menjalankan aktifitas eksplorasi. Posisi Jabanusa dalam lifting migas nasional sangat penting dan menjadi backbone. 

Data 2018 menunjukkan, realisasi lifting minyak dari Jabanusa sebesar 253,822 ribu barel per hari atau mencapai 102,60 persen dari target. Sedangkan target lifting gas sebesar 753,2 juta kaki kubik per hari. Di tahun 2019, target lifting minyak dari Jabanusa sebesar 258,169 ribu barel per hari dan hingga berakhir tahun 2019 tercapai 100,87 persen dari target. 

Untuk target lifting gas dari Jabanusa ditetapkan sebesar 731,3 juta kaki kubik per hari. Dukungan dari semua pihak itu sangat  dibutuhkan SKK Migas Jabanusa dalam konteks ini, tegas Nur Wahidi, karena sampai sekarang dari monitoring terkait perizinan dan pertanahan di Jabanusa, ada sejumlah masalah yang harus segera diselesaikan. Masalah perizinan nonteknis sebanyak 13, masalah perizinan bahan peledak sebanyak 77, masalah pengadaan tanah sebanyak 5, dan masalah izin pinjam pakai kawasan hutan sebanyak 3.

 “SKK Migas dan KKKS bekerja untuk kepentingan negara, terutama dalam rangka pemenuhan energi nasional dan pendapatan negara,” katanya mengingatkan.

Duta Masyarakat, Page-16, Thursday, Nov 21, 2019

Two Upstream Oil and Gas Projects Delayed

The Special Task Force for Upstream Oil and Gas Business Activities (SKK Migas) stated that there are two upstream oil and gas projects whose operating schedule is expected to retreat to the first quarter of 2020, namely the Bukit Tua Phase 3 and Buntal projects. In fact, the two projects are targeted to be operational by the end of this year along with four other oil and gas projects.

SKK Migas Deputy for Operations Julius Wiratno said the setback of the two oil and gas projects affected the performance of oil and gas production ready for sale this year. However, Julius did not explain how deep the impact was on production performance until the end of 2019.

"The Buntal-5 project is definitely backing down because the drilling rig is late entering Indonesia. The Bukit Tua Phase 3 project may also shift to 2020, but we are still recovering, "he said.

The Puffer-5 project was undertaken by Medco E&P Natuna Ltd with an investment of US $ 33 million. The project is targeted to produce 45 million cubic feet of gas per day (MMscfd). The Bukit Tua Phase 3 project in the Ketapang Block, worked on by Petronas Carigali Ketapang II Ltd with an investment of US $ 1,5 million. 

Petronas

    Bukit Tua Phase 3 is estimated to produce 3.82 barrels of oil per day (bpd) and 31 MMscfd of gas. Previously, according to SKK Migas data the Buntal-5 project was expected to operate in November 2019, while the Bukit Tua Phase 3 project would operate in December 2019.

"The rest of the project will be operational this year," said Julius.

Four other projects, namely the Bison-Iguana-Gajah Putri project, were carried out by Premiere Oil Natuna Sea BV with an investment of US $ 171 million. The project will produce 163 MMscfd of gas. The project project by PT Medco E&P Indonesia is estimated to produce 10 MMscfd. The investment value is US $ 11 million.

PetroChina International Jabung Ltd

The Harvest Project is carried out by PetroChina International Jabung Ltd with an investment of US $ 17 million. Its production is estimated at 2,000 bpd. 

the Cepu Block

    The Full Well Stream Kedung Keris Project in the Cepu Block was undertaken by ExxonMobil Cepu Limited (EMCL) with a production of 3,800 bpd. the project investment reached US $ 72 million. Even though there are projects that are backing down, Julius said there are also projects that can be accelerated.

ExxonMobil Cepu Limited (EMCL)

"We are trying to speed up the Big Bamboo Project to increase oil and gas production in 2019. Additional Bamboo Besar oil and gas fields are around 2,700-3,000 bpd," he added.

The smooth running of these projects will affect the realization of upstream oil and gas investment which is still difficult to reach the target. SKK Migas estimates that this year's upstream oil and gas investment will only reach Rp168.97 trillion US $ 12 billion. The figure only rose slightly compared to the realization of 2018 worth US $ 11.98 billion.

This relatively stagnant achievement also makes this year's oil and gas investment target of US $ 14.79 billion difficult to achieve. Based on ESDM Ministry data, the realization of upstream oil and gas investment has indeed been under pressure in the past 4 years. One of the most noticeable decreases in upstream oil and gas investment and exploration.

IN INDONESIA

Dua Proyek Hulu Migas Tertunda

Satuan Kerja Khusus Pelaksana Kegiatan Usaha Hulu Minyak dan Gas Bumi (SKK Migas) menyatakan ada dua proyek hulu migas yang jadwal operasinya diperkirakan mundur ke kuartal I/ 2020, yakni proyek Bukit Tua Phase 3 dan Buntal. Padahal, kedua proyek tersebut ditargetkan dapat beroperasi pada akhir tahun ini bersama dengan empat proyek migas lainnya. 

Deputi Operasi SKK Migas Julius Wiratno mengatakan kemunduran dua proyek migas tersebut memengaruhi kinerja produksi siap jual atau lifting migas tahun ini. Namun, Julius tidak menjelaskan sedalam apa dampaknya terhadap kinerja produksi hingga akhir 2019.

“ Proyek Buntal-5 pasti mundur karena drilling rig-nya telat masuk ke Indonesia. Proyek Bukit Tua Phase 3 juga mungkin akan geser ke 2020, tetapi masih sedang kami recovery,” tuturnya.

Proyek Buntal-5 dikerjakan oleh Medco E&P Natuna Ltd dengan nilai investasi US$ 33 juta. Proyek ini ditargetkan menghasilkan gas sebanyak 45 juta kaki kubik per hari (MMscfd). Adapun proyek Bukit Tua Phase 3 di Blok Ketapang, digarap oleh Petronas Carigali Ketapang II Ltd dengan investasi US$1 5 juta. 

    Bukit Tua Phase 3 diperkirakan dapat menghasilkan minyak 3.82 barel per hari (bph) dan gas 31 MMscfd. Sebelumnya, menurut data SKK Migas proyek Buntal-5 diperkirakan beroperasi pada November 2019, sementara proyek Bukit Tua Phase 3 beroperasi pada Desember 2019.

“Sisa proyek akan beroperasi pada tahun ini,” tutur Julius.

Empat proyek lainnya, yakni proyek Bison-Iguana-Gajah Putri dikerjakan oleh Premiere Oil Natuna Sea BV dengan nilai investasi US$ 171 juta. Proyek tersebut akan memproduksi gas sebanyak 163 MMscfd. Proyek Temelat oleh PT Medco E&P Indonesia diperkirakan dapat berproduksi 10 MMscfd. Nilai investasinya US$11 juta. 

Proyek Panen dikerjakan oleh PetroChina International Jabung Ltd dengan investasi US$17 juta. Produksinya diperkirakan mencapai 2.000 bph. Untuk Proyek Full Well Stream Kedung Keris di Blok Cepu dikerjakan oleh ExxonMobil Cepu Limited (EMCL) dengan produksi 3.800 bph. investasi proyek tersebut mencapai US$72 juta. Meskipun ada proyek yang mundur, Julius mengatakan ada juga proyek yang dapat dipercepat.

“ Proyek Bambu Besar kami coba speed up untuk menambah produksi migas di 2019. Tambahan lapangan minyak dan gas Bambu Besar kira-kira 2.700-3.000 bph,” tambahnya.

Adapun kelancaran proyek-proyek tersebut akan berpengaruh pada realisasi investasi hulu migas yang masih sulit mencapai target. SKK Migas memperkirakan investasi hulu migas tahun ini hanya mencapai Rp168,97 tiriliun US$12 miliar. Angka tersebut hanya naik sedikit dibandingkan dengan realisasi 2018 senilai US$ 11,98 miliar.

Capaian yang relatif stagnan ini sekaligus membuat target investasi migas tahun ini senilai US$14,79 miliar sulit tercapai. Berdasarkan data Kementerian ESDM, realisasi investasi hulu migas memang berada dalam tekanan dalam 4 tahun terakhir. Salah satu penurunan investasi hulu migas paling terlihat dan sisi eksplorasi.

Bisnis Indonesia, Page-20, Friday, Nov 15, 2019

Repsol Find Partners in Andaman Block III

The Aceh Oil and Gas Management Agency (BPMA) said Repsol Indonesia was looking for partners to work on the Andaman III Block. Repsol is currently still exploring in the oil and gas block which is estimated to have a gas potential of 3-4 trillion cubic feet (Trillion Cubic Feet / TCF). 

     BPMA Deputy of Operations and Planning Teuku Muhammad Faisal said Repsol saw that they could not work on the Andaman III Block themselves. Therefore, the Spanish oil and gas company plans to release part of its Participating Interest (PI) ownership in the block to find partners.

Blogger Agus Purnomo in Petronas PC Ketapang

"Actually there is more that they are working on, namely partners to share PI, they are proposing. One of the candidates is Petronas, "he said. Currently, Repsol holds 100% PI in the Andaman III Block.

 the Andaman III Block

Repsol is still carrying out exploration activities in the Andaman III Block. Referring to BPMA data, in 2017-2018, Repsol has conducted several exploration activities, namely acquisition, and processing of 3D seismic data covering 3,670 square kilometers (km2). In addition, Repsol has also procured long-lead items needed for operations.

Repsol

Now, Repsol is making preparations for drilling the Rencong IX Well. BPMA, continued Faisal, has given a recommendation for an extension of the exploration period of the Andaman III Block for two years. However, he said, the extension of this exploration period still had to wait for approval from the Minister of Energy and Mineral Resources (ESDM) Arifin Tasrif.

According to him, the additional exploration period was given so that Repsol can continue drilling wells. The extension was even longer than Repsol's request, which was only around one year. Because the regulator has an interest so that exploration activities in the Andaman III Block can be completed.

"Repsol can be a maximum of two years, seeing their preparations in the past year and this year. They are optimistic indeed, asking for a year is enough, [but] instead of not completing the regulator also a hassle, "explained Faisal.

The reason is, it also needs time regarding the correspondence with the Minister of Energy and Mineral Resources. Acting Director-General of Oil and Gas at the Ministry of Energy and Mineral Resources, Djoko Siswanto, said that his party was still waiting for a recommendation from BPMA regarding the extension of the Andaman III Block exploration period.

"Still waiting for the BPMA recommendation for the extension. We wait 1-2 days, "he said.

The Andaman III Block covers an area of ​​8,440 square kilometers off the coast of Aceh. This block is located in a water depth of 1,300 meters in the North Sumatra basin area. Based on the results of a seismic survey that has been carried out, the Acting Task Force of the Aceh Oil and Gas Management Agency (BPMA) Azhari Idris said, the prospects are predicted to have 3-4 TCF potential.

The Well drilling by Repsol is planned to be carried out in the first half of 2020. The Andaman III Block is an exploration block that was won by Talisman at an auction of work areas in 2009. However, Repsol acquired Talisman in 2015 so that the block is managed by Repsol. The Andaman III production sharing contract was signed on September 11, 2009, and is valid for 30 years or until 2039.

Investor Daily, Page-9, Wednesday, November 6, 2019

National Oil and Gas Lifting Target Increases to 2.02 Million BOEPD

Lifting oil and gas (oil and gas) this year is targeted to increase to 2.02 million barrels of barrel oil equivalent per day (BOEPD), from the 2018 realization of 1.9 million BOEPD. The addition of production is one of the 13 oil and gas projects planned to start operating this year. 

     Head of the Special Task Force for Upstream Oil and Gas Business Activities (SKK Migas) Dwi Soecipto said, oil lifting in 2019 is targeted at 775 thousand barrels per day (BPD), where last year's realization was 778 thousand BPD. While the gas lifting target is set at 1.25 million BOEPD, up from last year's 1.13 million BOEPD.

"So that oil and gas lifting in 2019 is 2.02 million BOEPD, from the 2018 realization of 1.92 million BOEPD," he said at a hearing at the House of Representatives Commission VII (DPR).

2D & 3D Seismic

To achieve this target, his party has compiled a work program that will be carried out in the exploration block and in the exploitation block. According to him, the exploration block is planned to carry out 4,328 kilometers (km) of 2D seismic, 3D seismic area of ​​4,693 square kilometers (km2), and 57 wells of exploration well drilling.

While in the exploitation block, exploration activities will be carried out in the form of 3,814 km of 2D seismic, 3D seismic area of ​​1,747 km2, and drilling of wildcat wells or delineation of 40 wells.

"Then there will be workover of 969 wells, 29,256 well service activities, and drilling wells for the development of 345 wells," he explained.

In addition, SKK Migas also plans to have 13 oil and gas projects that will be operational this year. In the first quarter, there were two projects planned to start on stream, the Betara Complex Project with the production of 12 million cubic feet per day (million standard cubic feet per day / MMSCFD) by Petrochina International Jabung Ltd. and Terang Sirasun Batur Phase 2 of 200 MMSCFD by Kangean Energy Indonesia Ltd.

Furthermore, in the second quarter, the project which began operations was Ario Damar-Sriwijaya Phase 2 with production of 20 MMSCFD by PT Tropik Energi Pandan, Temalat gas flow to South Kembang Mountain 10 MMSCFD by PT Medco E & P Indonesia, and Bukit Tua Phase-3 31.5 mmscfd by Petronas Carigali Ketapang II Ltd.

Petronas Carigali Ketapang II Ltd.

In the third quarter, there were eight projects that would start flowing oil and gas. In particular, Kedung Keris Full Well Stream Project with production of 3,800 BPH by Exxon Mobil Cepu Ltd, Buntal-5 45 mmscfd by Medco E & P Natuna Ltd, Bison-Iguana-Gajah Putri 163 MMSCFD by Premiere Oil Natuna Sea BY and Suban Compression 780 MMSCFD by ConocoPhilips (Grissik) Ltd.

ConocoPhilips (Grissik) Ltd.

Next, the project operating in the last quarter of this year was the installation of 15 MMSCFD Betung Compressors by PT Pertamina EP Bayan Gas Production Facilities which produced 15 MMSCFD gas and 250 BPH oil by Manhattan Kalimantan Investment Pte Ltd, YY with production. oil 4,605 ​​BPH and 25.5 MMSCFD by PT Pertamina Hulu Energi Offshore North West Java (ONWJ), as well as Calling 20 MMSCFD by Santos (Madura Offshore) Pty Ltd.

PT Pertamina Hulu Energi Offshore North West Java (ONWJ)

"So the total production estimate is 240 thousand BOEPD, which is 1,300 MMSCFD gas and 8,600 BPH oil. "The estimated total investment value is US $ 702 million," Dwi said.

To achieve this year's lifting target, SKK Migas recorded five of the biggest oil producers, namely Exxon Mobil Cepu Limited 216 thousand BPH, PT Chevron Pacific Indonesia 190 thousand BPD, PT Pertamina EP 85 thousand BPD, PT Pertamina Hulu Mahakam 50 thousand BPH, and PT Pertamina Hulu Energi OSES 32 thousand BPH.

Furthermore, the five largest gas producers are PT Pertamina Hulu Mahakam 196 thousand BOEPD, BP Berau Ltd 188 thousand BOEPD, ConocoPhilips (Grissik) Ltd 145 thousand BOEPD, PT Pertamina EP 145 thousand BOEPD, and Eni Muara Bakau 115 thousand BOEPD.

Press Cost Recovery

"Meanwhile, Dwi added, this year's upstream oil and gas investment is targeted at the US $ 14.79 billion, up from last year's US $ 11.99 billion. Next, the target of state revenue from the upstream oil and gas sector is set at the US $ 17.51 ​​billion, not unlike the realization of 2018 of US $ 17.5 billion.

For cost recovery, this year it is targeted to reach the US $ 10.22 billion. This figure is lower than last year's realization of US $ 11.7 billion. According to Dwi, his party is indeed trying to control this cost recovery amount. According to Dwi, one of the ways to reduce cost recovery is the synergy between the contractors (KKKS).

Investor Daily, Page-9, Friday, Jan 11, 2019

Chevron Ready to Transfer Oil to Pertamina

PT Pertamina (Persero) agreed to buy 2.5 million barrels of oil per month from PT Chevron Pacific Indonesia and Rokan Block in Riau. So far, oil-based revenue sharing from the Rokan Block, which is Chevron's share, is always exported.

Senior Vice President of Integrated Supply Chain (ISC) Pertamina Hasto Wibowo said that the company had agreed to transfer crude oil exports from a number of cooperation contract contractors (KKKS) of 3.35 million barrels per month or around 112,000 barrels per day (bpd).

Petronas

    Of the total, the oil supply from Chevron is the largest, while the rest comes from several other contractors, such as Petronas, and Medco. However, the company did not enter into an oil purchase agreement with ExxonMobil Indonesia.

Previously, nine KKKS had agreed to sell oil to Pertamina and leave one large contractor in the discussion phase with the government, namely Chevron Pacific Indonesia. At that time, Chevron was one of several oil and gas contractors who claimed they were still not can sell the oil that is the profit share of the giant company from the United States to Pertamina. At that time, Chevron said there were still tax problems in the process of selling oil to Pertamina.

"Regarding the selling price, of course we have compromised. If it is more expensive than imports, we choose to remain imported, "Hasto said.

According to him, with the agreement, the oil and gas SOE was able to reduce the volume of crude oil imports by around 4 million barrels per month. The average Pertamina crude oil imports of around 11 million barrels per month can be reduced to 7 million-7.5 million barrels per month.

"Costs will also decrease, overall for the country, foreign exchange is also safe."

Arcandra Tahar

Arcandra Deputy Minister of Energy and Mineral Resources Tahar once mentioned that there was the potential for contractor crude oil which had been exported so far to be transferred to Pertamina, such as Chevron and ExxonMobil. 

CNOOC 

     Arcandra explained, Chevron has been gaining oil revenues of 92,000 bpd, ExxonMobil Indonesia 30,000 bpd, Petronas Carigali 13,400 bpd, CNOOC 13,000 bpd, Medco E & P Indonesia at 11,000 bpd, and Chevron Indonesia Company (CICO) 7,000 bpd.

Large oil and gas companies from the United States, such as Chevron and Exxon, are the biggest supporters of oil production in Indonesia. PT Pertamina EP occupies the third position of three cooperation contract contractors that produce oil a lot during 2018.

IN INDONESIAN

Chevron Siap Alihkan Minyak ke Pertamina

PT Pertamina (Persero) menyepakati untuk membeli minyak mentah jatah ekspor dari PT Chevron Pacific Indonesia sebanyak 2,5 juta barel per bulan yang berasal dan Blok Rokan di Riau. Selama ini, bagi hasil minyak dari Blok Rokan yang merupakan jatah Chevron selalu diekspor.

Senior Vice President Integrated Supply Chain (ISC) Pertamina Hasto Wibowo mengatakan bahwa perseoan telah menyepakati pengalihan ekspor minyak mentah dari sejumlah kontraktor kontrak kerja sama (KKKS) sebanyak 3,35 juta barel per bulan atau sekitar 112.000 barel per hari (bph).

    Dari total tersebut, suplai minyak dari Chevron merupakan yang terbesar, sedangkan sisanya berasal dari beberapa kontraktor lain, seperti Petronas, dan Medco. Namun perseroan tidak melakukan kesepakatan pembelian minyak dengan ExxonMobil Indonesia.

Sebelumnya, sembilan KKKS telah setuju untuk menjual minyak ke Pertamina dan menyisakan satu kontraktor besar dalam tahap pembahasan dengan pemerintah, yakni Chevron Pacific Indonesia. Saat itu, Chevron merupakan salah satu dari beberapa kontraktor migas yang mengaku masih belum

bisa menjual minyak yang menjadi bagi hasil perusahaan raksasa dari Amerika Serikat itu ke Pertamina. Saat itu, Chevron menyatakan masih ada masalah perpajakan dalam proses penjualan minyak ke Pertamina.

“Terkait dengan harga jual tentu sudah kami kompromikan. Kalau lebih mahal dari impor, kami pilih tetap impor,” kata Hasto.

Menurutnya, dengan kesepakatan itu, BUMN migas itu mampu mengurangi volume impor minyak mentah sekitar 4 juta barel per bulan. Rerata impor minyak mentah Pertamina sekitar 11 juta barel per bulan bisa ditekan menjadi 7 juta-7,5 juta barel per bulan.

“Beban biaya juga akan berkurang, secara keseluruhan untuk negara, devisa juga aman."

Wakil Menteri Energi dan Sumber Daya Mineral Arcandra Tahar pernah menyebutkan ada potensi minyak mentah milik kontraktor yang selama ini diekspor bisa dialihkan ke Pertamina, seperti Chevron dan ExxonMobil. 

     Arcandra menjelaskan, selama ini Chevron mendapatkan bagi hasil minyak  sebesar 92.000 bph, ExxonMobil Indonesia 30.000 bph, Petronas Carigali 13.400 bph, CNOOC 13.000 bph, Medco E&P Indonesia sebesar 11.000 bph, dan Chevron Indonesia Company (CICO) 7.000 bph.

Perusahaan migas besar dari Amerika Serikat, seperti Chevron dan Exxon, menjadi pendukung terbesar produksi minyak di Indonesia. PT Pertamina EP menduduki posisi ketiga dari tiga kontraktor kontrak kerja sama yang banyak memproduksi minyak sepanjang 2018.

Bisnis Indonesia, Page-24, Thursday, Jan 10, 2019

Petronas and Repsol Work on Saka Kemang Oil and Gas Blocks

At the beginning of this year, Petronas and Repsol will work on the Sakakemang Working Area (WK) in South Sumatra. The collaboration was marked by the signing of a joint operation agreement in December last year.

Repsol

President Petronas Carigali Indonesia, Mohd Nazlee Rasol, said that the collaboration between the management of the Sakakemang Block will be carried out by subsidiaries of the two companies. Those involved are a subsidiary of Petronas, PC Sakakemang BV, and a subsidiary of Repsol, Talisman Sakakemang BV.

Petronas Carigali Indonesia

"Petronas will continue to play an active role in the long-term development of the petroleum industry in the Indonesian region," he said.

the Sakakemang Block by Petronaa & Repsol

Regarding the shares in the Sakakemang Block, Petronas will hold a 45% stake and Repsol also controls 45%. The remaining 10 percent will be held by Mitsui Oil Exploration Co Ltd (MOECO).

Mitsui Oil Exploration Co Ltd (MOECO)

Mohd Nazlee said, as the oil and gas block managed by the Cooperation Contract Contractors (KKKS), the Sakakemang Block will be under the supervision and control of the Special Task Force for Upstream Oil and Gas (SKK Migas).

the Ketapang Block by Petronas

In addition to cooperation with Repsol, Petronas has managed oil and gas blocks in Indonesia. For example, the Ketapang Block, where the Malaysian company is an operator that holds 80% of the shares with a contract period until 2028. In addition, Petronas controls 100% of the North Madura II Block with a contract period until 2045.

IN INDONESIAN

Petronas dan Repsol Garap Blok Migas Saka Kemang

Pada awal tahun ini, Petronas bersama Repsol bakal menggarap Wilayah Kerja (WK) Sakakemang di Sumatra Selatan. Kerjasama tersebut ditandai dengan penandatanganan perjanjian operasi bersama pada Desember tahun lalu.

Presiden Petronas Carigali Indonesia, Mohd Nazlee Rasol, mengatakan kerjasama pengelolaan Blok Sakakemang akan dilakukan anak usaha dari kedua perusahaan, Mereka yang terlibat adalah anak usaha Petronas, PC Sakakemang BV, dan anak usaha Repsol, Talisman Sakakemang BV.

“Petronas akan terus memainkan peran aktif dalam pengembangan jangka panjang industri perminyakan di wilayah Indonesia," kata dia.

Perihal bagian saham dalam Blok Sakakemang, Petronas akan memegang saham 45% dan Repsol juga menguasai 45%. Adapun sisanya 10% saham akan dipegang Mitsui Oil Exploration Co Ltd (MOECO).

Mohd Nazlee mengemukakan, sebagai blok migas yang dikelola Kontraktor Kontrak Kerja Sama (KKKS), maka Blok Sakakemang akan berada di bawah pengawasan dan kendali Satuan Kerja Khusus Hulu Minyak dan Gas Bumi (SKK Migas).

Selain kerjasama dengan Repsol, Petronas sudah mengelola blok migas di Indonesia. Misalnya Blok Ketapang, di mana perusahaan dari Malaysia ini adalah operator yang memegang 80% saham dengan masa kontrak hingga tahun 2028. Selain itu, Petronas menguasai 100% Blok North Madura II dengan masa kontrak sampai tahun 2045.

Kontan, Page-14, Wednesday, Jan 9, 2019