The Government Asks for Corridor Block Production Not to Decline

Minister of Energy and Mineral Resources (ESDM) Arifin Tasrif urged that oil and gas Corridor Block production be maintained or even increased. This follows that a Corridor Block (2023-2043) production cooperation contract (PSC) has been signed. 

Arifin Tasrif

     Arifin said, after the current contract expired at the Corridor Block was again managed by the existing contractor namely ConocoPhilip (Grissik) Ltd, Talisman Corridor LTd (Repsol), and PT Pertamina Hulu Energi Corridor.

ConocoPhilip

Because the government considers that the existing contractor has good technical and financial skills to continue managing this block. He hopes the existing contractor can make a positive contribution to state revenue and national oil and gas production. 

the Corridor Block

      Especially considering the Corridor Block is one of the largest natural gas producer blocks in Indonesia with gas production of 1,100 million cubic feet per day (million standard cubic feet per day / mmscfd) or 12% of total national production, and oil and condensate 6,600 barrels per day ( bph).

"With the contract extension being signed, so that [the contractor] not only maintains, but also increases the rate of oil and gas production in the Corridor Block, and seeks to discover new oil and gas reserves through exploration activities," he said in Jakarta.

Based on ESDM Ministry data, the new PSC Corridor Block will use a gross split scheme. Regarding the profit sharing (split), for base split and variable split, KKKS received a 48.5% allocation for oil and 53.5% for gas. Furthermore, progressive splits will be adjusted to developments in oil prices and cumulative oil and gas production. 

     Furthermore, the portion of participating interest rights (participating interest / PI) in the Corridor Block will also change after 2023. At present, ConocoPhilips holds a PI of 54%, Repsol 36%, and Pertamina 10%. After the existing PSC ends, ConocoPhilips has a 46% stake, Pertamina 30%, and 24% Repsol.

Repsol Girls

According to Arifin, before the contract was signed, the existing cooperation contract contractor (KKKS) had deposited a signature bonus of US $ 250 million. In addition, the contractor also promised a five-year fixed work commitment (KKP) of US $ 250 million. This number is the second largest since the signing of the contract in Indonesia.

"Hopefully with the signing of the Corridor Block gross split contract, it will hopefully arouse investors' enthusiasm for investment in Indonesia's upstream oil and gas," he said.

Referring to the Ministry of Energy and Mineral Resources data, KKKS has proposed a number of activities that will be carried out using KKP funds. In the first year, the contractor will work on drilling one well in Rowung Lower Palembang-1 worth US $ 2.4 million and 3D seismic acquisition of US $ 23.93 million. In the second year, activities that will be carried out are drilling one well in Suban Lower Palembang-1 US $ 11.6 million and 3D seismic acquisition of US $ 31.53 million.

Following this, activities planned for the third year included the work of Telisa Well with two wells valued at US $ 20 million, 3D seismic acquisition of US $ 25 million, and the development of Suban Far East at US $ 33.04 million. 

     In the fourth year, the contractor will work on Telisa Well one well worth US $ 18.04 million, another prospect of US $ 28.2 million, and 3D seismic acquisition of US $ 20 million. Finally, in the fifth year, the activities that will be carried out are the development of Suban Far East of US $ 8.26 million and other prospects of US $ 28 million.

Although still managed by the existing contractor, the holder of the Corridor Block operator will change. Currently the operator of this block is ConocoPhilips. For three years, after 19 December 2023 to 19 December 2026, ConocoPililip remained the Corridor Block operator. After that, this block will enter the operatorhip transition period, where Pertamina will then switch to the operator. 

     The government did not specify how long this transition period would be. PT Pertamina Hulu Energi Corridor (PHE Corridor) President Director Taufik Aditiyawarman said, based on current data, the Corridor Block has an area of ​​2,095.25 kilometers square (km2) which is mostly located in South Sumatra Province. Pertamina also has four active work areas in the South Sumatra area, namely Pertamina EP Asset 1, Jambi Merang PHE, Ogan Komering PHE, and Raja Tempirai PHE.

IN INDONESIA

Pemerintah Minta Produksi Blok Corridor Tidak Turun

Menteri Energi dan Sumber Daya Mineral (ESDM) Arifin Tasrif mendorong agar produksi migas Blok Corridor bisa dipertahankan atau bahkan dinaikkan. Hal ini menyusul telah ditandatangani kontrak kerja sama atau (production sharing contract/PSC) Blok Corridor untuk 2023-2043. 

     Arifin menuturkan, setelah kontrak yang berlaku saat ini berakhir pada Blok Corridor kembali dikelola oleh kontraktor eksisting yakni ConocoPhilip (Grissik) Ltd, Talisman Corridor LTd (Repsol), dan PT Pertamina Hulu Energi Corridor. 

Pasalnya, pemerintah menilai bahwa kontraktor eksisting memiliki kemampuan teknis dan keuangan yang baik untuk melanjutkan pengelolan blok ini. Pihaknya berharap kontraktor eksisting dapat memberikan kontribusi positif bagi penerimaan negara dan produksi migas nasional. 

     Apalagi mengingat Blok Corridor merupakan salah satu blok produsen gas bumi terbesar di Indonesia dengan produksi gas 1.100 juta kaki kubik per hari (million standard cubic feet per day/ mmscfd) atau 12% dari total produksi nasional, dan minyak dan kondensat 6.600 barel per hari (bph).

“Dengan ditandatanganinya perpanjangan kontrak, agar [kontraktor] tidak hanya mempertahankan, tetapi juga meningkatkan laju produksi migas di Blok Corridor, dan mengupayakan penemuan cadangan migas baru melalui kegiatan eksplorasi,” kata dia di Jakarta.

Berdasarkan data Kementerian ESDM, PSC baru Blok Corridor akan menggunakan skema bagi hasil kotor (gross split). Terkait besaran bagi hasil (split), untuk base split dan variable split, KKKS memperoleh jatah 48,5% untuk minyak dan 53,5% untuk gas. 

     Selanjutnya, progressif split akan disesuaikan dengan perkembangan harga minyak dan kumulatif produksi migas. Selanjutnya, porsi kepemilikan hak partisipasi (participating interest/PI) di Blok Corridor juga akan berubah setelah 2023. Saat ini, ConocoPhilips memegang PI sebesar 54%, Repsol 36%, dan Pertamina 10%. Setelah PSC yang ada berakhir, ConocoPhilips memiliki saham 46%, Pertamina 30%, dan Repsol 24%.

Menurut Arifin, sebelum kontrak diteken, kontraktor kontrak kerja sama (KKKS) eksisting telah menyetorkan bonus tanda tangan sebesar US$ 250 juta. Selain itu, kontraktor juga menjanjikan komitmen kerja pasti (KKP) untuk lima tahun sebesar US$ 250 juta. Jumlah ini merupakan terbesar kedua sejak penandatanganan kontrak di Indonesia.

“Semoga dengan ditandatanganinya kontrak gross split Blok Corridor ini semoga semakin membangkitkan gairah investor untuk investasi di hulu migas Indonesia,” ujar dia. 

Mengacu data Kementerian ESDM, KKKS telah mengajukan sejumlah kegiatan yang akan dikerjakan menggunakan dana KKP. Pada tahun pertama, kontraktor akan menggarap pengeboran satu sumur di Dayung Lower Palembang-1 senilai US$ 2,4 juta dan akuisisi seismik 3D US$ 23,93 juta. Di tahun kedua, kegiatan yang akan dilakukan adalah pengeboran satu sumur di Suban Lower Palembang-1 US$ 11,6 juta dan akuisisi seismik 3D US$ 31,53 juta. 

Berikutanya, kegiatan yang direncanakan di tahun ketiga mencakup pengerjaan Telisa Well sebanyak dua sumur senilai US$ 20 juta, akuisisi seismik 3D US$ 25 juta, dan pengembangan Suban Far East US$ 33,04 juta. Pada tahun keempat, kontraktor akan mengerjakan Telisa Well satu sumur senilai US$ 18,04 juta, prospek lain US$ 28,2 juta, dan akuisisi seismik 3D US$ 20 juta. Terakhir, di tahun kelima, kegiatan yang akan dikerjakan adalah pengembangan Suban Far East US$ 8,26 juta dan prospek lain US$ 28 juta.

Meski tetap dikelola kontraktor eksisting, pemegang operator Blok Corridor akan berubah. Saat ini operator blok ini adalah ConocoPhilips. Selama tiga tahun, setelah 19 Desember 2023 hingga 19 Desember 2026, ConocoPhilip tetap menjadi operator Blok Corridor. 

     Setelah itu, blok ini akan memasuki masa transisi operatorship, di mana kemudian Pertamina akan beralih menjadi operator. Pemerintah tidak menentukan berapa lama masa transisi ini. 

     Direktur Utama PT Pertamina Hulu Energi Corridor (PHE Corridor) Taufik Aditiyawarman mengatakan, berdasarkan data saat ini, Blok Corridor memiliki luas 2.095,25 kilometer persegi (km2) yang sebagian besar berada di Provinsi Sumatera Selatan. Pertamina juga memiliki empat wilayah kerja aktif di area Sumatera Selatan, yaitu Pertamina EP Aset 1, PHE Jambi Merang, PHE Ogan Komering, dan PHE Raja Tempirai. 

Investor Daily, Page-9, Tuesday, Nov 12, 2019

Repsol Can Extend Exploration of Andaman Block III

The Aceh Oil and Gas Management Agency (BPMA) said Repsol had obtained approval from the Ministry of Energy and Mineral Resources (ESDM) for the extension of the Andaman III Block exploration period. BPMA Deputy of Operations and Planning Teuku Muhammad Faisal said the extension was given for two years.

"The obligation to make a joint account and performance bond has been carried out, now all that remains is to prepare the drilling plan," said Faisal.

The drilling plan by Repsol will include drilling one well. Faisal said, Repsol submitted an extension request for one year, but for maximum results, BPMA recommended two years to the Ministry of Energy and Mineral Resources. Previously, Acting Director General of Oil and Gas at the Ministry of Energy and Mineral Resources, Djoko Siswanto, revealed that the Ministry of Energy and Mineral Resources was indeed waiting for a recommendation by BPMA.

"Just waiting for the BPMA recommendations for extensions," said Djoko.

According to Faisal, Repsol has the opportunity to open options to engage partners in a new exploration period.

"It's still a process, one of which is Petronas, but it still cannot be confirmed," said Faisal.

the Andaman III 

For information, currently Repsol has 100% participation rights in the Andaman III Block. KONTAN Note, BPMA discovered the potential of oil and gas reserves in the Andaman III Block after a seismic survey was carried out by Repsol as manager of the block. Acting Head of BPMA Azhari Idris said, it still needed drilling to prove the potential reserves in Andaman III Block.

IN INDONESIA

Repsol Dapat Perpanjangan Eksplorasi Blok Andaman III

Badan Pengelola Minyak dan Gas Aceh (BPMA) menyatakan Repsol telah mengantongi persetujuan dari Kementerian Energi dan Sumber Daya Mineral (ESDM) untuk perpanjangan masa eksplorasi Blok Andaman III. Deputi Operasi dan Perencanaan BPMA Teuku Muhammad Faisal mengatakan, perpanjangan tersebut diberikan selama dua tahun. 

"Kewajiban membuat joint account dan performance bond sudah dilakukan, sekarang tinggal mempersiapkan rencana pengeboran," kata Faisal.

Adapun rencana pengeboran oleh Repsol akan meliputi pengeboran satu sumur. Faisal menuturkan, Repsol mengajukan permintaan perpanjangan selama satu tahun, namun demi hasil yang maksimal, BPMA merekomendasikan dua tahun kepada Kementerian ESDM. Sebelumnya, Pelaksana Tugas Direktur Jenderal Minyak dan Gas Bumi Kementerian ESDM Djoko Siswanto mengungkapkan, Kementerian ESDM memang menantikan rekomendasi oleh BPMA. 

“Tinggal menunggu rekomendasi BPMA untuk extension," kata Djoko.

Menurut Faisal, Repsol berpeluang membuka opsi untuk menggandeng mitra dalam masa eksplorasi yang baru.

"Masih proses, salah satunya Petronas, namun masih belum bisa dikonfimasi," kata Faisal. 

Sebagai informasi, saat ini Repsol memiliki hak partisipasi sebesar 100% pada Blok Andaman III. Catatan KONTAN, BPMA menemukan potensi cadangan migas di Blok Andaman III setelah dilakukan survei seismik oleh Repsol selaku pengelola blok tersebut. Plt Kepala BPMA Azhari Idris bilang, masih perlu dilakukan pengeboran demi membuktikan potensi temuan cadangan di Blok Andaman III.

Kontan, Page-14, Thursday, Nov 7, 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

Repsol Andaman Exploration until 2021

The Aceh Oil and Gas Management Agency (BPMA) gave a recommendation for an extension of 2 years to Repsol to continue exploration in the Andaman III Block until 2021. BPMA Acting Officer Azhari Idris said Repsol was given a recommendation for an extension of the next 2 years.

the Andaman III Block

"Yes, we gave 2 years for Repsol," he said.

So far, Repsol is still exploring oil and gas blocks which are estimated to have 3-4 trillion cubic feet (TCF) gas potential. 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). The Repsol exploration permit in the Andaman Block should expire this year.

The Repsol party had applied for a permit extension for about 1 year. BPMA Deputy of Operations and Planning Teuku Muhammad Faisal the extension of this exploration period still has to wait for approval from the Minister of Energy and Mineral Resources (ESDM) Arifin Tasrif.

Arifin Tasrif

According to him, the additional exploration period was given so that Repsol could continue drilling Rencon IX wells. In addition, Repsol is also preparing shorebase, long lead item preparation and drill ship procurement. The extension granted is even longer compared Repsol's request is only around one year.

"Repsol can be maximum in 2 years, seeing their preparations in the past year and this year. They are optimistic indeed, asking for a year is enough, [but] rather than not finished, regulators also bother, "he added.

Previously, 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.

IN INDONESIA

Repsol Eksplorasi Andaman hingga 2021

Badan Pengelola Migas Aceh (BPMA) memberikan rekomendasi perpanjangan selama 2 tahun kepada Repsol untuk melanjutkan eksplorasi di Blok Andaman III hingga 2021. Pelaksana Tugas BPMA Azhari Idris mengatakan Repsol diberikan rekomendasi perpanjangan waktu 2 tahun ke depan. 

“Ya, kami beri 2 tahun untuk Repsol,” katanya.

Sejauh ini, Repsol masih melakukan eksplorasi di blok migas yang diperkirakan memiliki potensi gas 3-4 triliun kaki kubik (TCF). Mengacu data BPMA, pada 2017-2018, Repsol telah melakukan beberapa kegiatan eksplorasi yakni akuisisi dan pemrosesan data seismik 3D seluas 3.670 kilometer persegi (km2). Izin eksplorasi Repsol di Blok Andaman seharusnya berakhir tahun ini. 

Pihak Repsol sempat mengajukan permohonan perpanjangan izin itu sekitar 1 tahun. Deputi Operasi dan Perencanaan BPMA Teuku Muhammad Faisal perpanjangan masa eksplorasi ini masih harus menunggu persetujuan Menteri Energi dan Sumber Daya Mineral (ESDM) Arifin Tasrif.

Menurutnya, tambahan masa eksplorasi ini diberikan agar Repsol dapat melanjutkan kegiatan pengeboran sumur Rencon IX. Selain itu, Repsol juga sedang melakukan persiapan shorebase, penyiapan long lead item dan pengadaan drill ship. Perpanjangan yang diberikan bahkan lebih lama dibandingkan permintaan Repsol yang hanya sekitar satu tahun.

“Repsol bisa maksimum di 2 tahun, melihat persiapan mereka di tahun kemarin dan tahun ini. Mereka optimistis memang, mintanya setahun cukup, [tetapi] daripada tidak selesai kan regulator juga yang repot,” tambahnya.

Sebelumnya, Pelaksana Tugas Direktur Jenderal Minyak dan Gas Bumi Kementerian ESDM Djoko Siswanto mengatakan pihaknya masih menunggu rekomendasi dari BPMA terkait perpanjangan masa eksplorasi Blok Andaman III.

“Masih menunggu rekomendasi BPMA untuk extension. 1-2 hari ini kami tunggu,” ujarnya.

Bisnis Indonesia, Page-24, Wednesday, November 6, 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

PETRONAS and Repsol Work on Sakakemang Working Area

The potential and opportunities of the open oil and gas sector, PETRONAS through its subsidiary, PC Sakakemang B.V. and Repsol through its subsidiary, Talisman Sakakemang B.V, signed a Joint Operation Agreement for the Sakakemang Work Area in South Sumatra, Indonesia.

PETRONAS

With the signing of this agreement it became an important milestone for PETRONAS in its aspiration to expand its business in Indonesia and specifically in Sumatra.

"PETRONAS will continue to play an active role in the long-term development of the oil industry in Indonesia," said PETRONAS President Looking for Indonesia, Mohd Nazlee Rasol in its release.

Repsol

The signing of the Joint Operation Agreement between PETRONAS and Repsol subsidiaries was held on December 5, 2018, at the Repsol office in Jakarta attended by representatives from both companies. Representing PETRONAS, is the President of PETRONAS Looking for Indonesia, Mohd Nazlee Rasol.

While Repsol was represented by Senior Exploration & Opportunity Legal Representative Manager, David Ramos, while Repsol Vice President & General Manager, Francisco Gea Pascual del Riquelme, and PETRONAS Senior Exploration Manager Looking for Indonesia, Jamin Jamil Mohd Idris witnessed the signing.

The Sakakemang Working Area continues to be operated by Repsol with participation rights of 45 percent while PETRONAS holds another 45 percent and Mitsui Oil Exploration Co. Ltd. (MGECO) holds the remaining 10 percent. All Cooperation Contract Contractors are under the supervision and control of SKK Migas as the Representative of the Republic of Indonesia.

PETRONAS is a national oil company that has transformed itself into a leading oil and gas multinational company, ranked among the largest companies in the world. PETRONAS is known to be able to produce energy efficiently and reliably, after building capacity at every stage of the oil and gas value chain. 

     As the policy towards the future of low carbon energy, PETRONAS continues to utilize technology, technical capabilities, and a diverse, resilient and competent workforce to deliver sustainable energy to the world.

IN INDONESIAN

PETRONAS dan Repsol Garap Wilayah Kerja Sakakemang

Potensi dan peluang sector migas yang terbuka, PETRONAS melalui anak perusahaannya, PC Sakakemang B.V. dan Repsol melalui anak perusahaannya, Talisman Sakakemang B.V, menandatangani Perjanjian Operasi Bersama untuk Wilayah Kerja Sakakemang di Sumatera Selatan, Indonesia.

Dengan penandatanganan perjanjian ini menjadi tonggak penting bagi PETRONAS dalam aspirasinya untuk mengembangkan bisnisnya di Indonesia dan khususnya di Sumatra.

“PETRONAS akan terus memainkan peran aktif dalam pengembangan jangka panjang industri perminyakan di Indonesia,” kata Presiden PETRONAS Carigali Indonesia, Mohd Nazlee Rasol dalam rilisnya.

Penandatanganan Perjanjian Operasi Bersama antara anak perusahaan PETRONAS dan Repsol telah dilakukan pada 5 Desember 2018, di kantor Repsol di Jakarta dihadiri perwakilan dari kedua perusahaan. Mewakili PETRONAS, adalah Presiden PETRONAS Carigali Indonesia, Mohd Nazlee Rasol. 

Sedangkan Repsol diwakili Manajer Senior Perwakilan Hukum Eksplorasi & Opcom, David Ramos, sementara Wakil Presiden & Manajer Umum Repsol, Francisco Gea Pascual del Riquelrne, dan Manajer Eksplorasi Senior PETRONAS Carigali Indonesia, Jamin Jamil Mohd Idris menyaksikan penandatanganan tersebut.

Wilayah Kerja Sakakemang terus dioperasikan oleh Repsol dengan hak partisipasi sebesar 45 persen sementara PETRONAS memegang 45 persen lainnya dan Mitsui Oil Exploration Co. Ltd (MGECO) memegang 10 persen sisanya. Semua Kontraktor Kontrak Kerja Sama berada dibawah pegawasan dan kendali SKK Migas sebagai Perwakilan Republik Indonesia.

PETRONAS adalah perusahaan minyak nasional yang telah mengubah dirinya menjadi perusahaan multinasional piliharn minyak dan gas terkemuka, berperingkat di antara perusahaan-perusahaan terbesar didunia. PETRONAS dikenal mampu menghasilkan energi secara efisien dan andal, setelah membangun kemampuan di setiap tahap rantai nilai minyak dan gas. 

    Seiring kebijakan menuju masa depan energi rendah karbon, PETRONAS terus memanfaatkan teknologi, kemampuan teknis, dan tenaga kerja yang beragam, tangguh, dan kompeten untuk memberikan energi secara berkelanjutan ke dunia.

Duta Masyarakat, Page-16, Wednesday, Jan 9, 2019

3 The company is interested in Block Corridor

PT Pertamina (Persero), Repsol S.A., and Conoco Phillips are interested in managing the Corridor oil and gas working area located in Musi Banyuasin Regency, South Sumatra. 

Repsol S.A.

    Head of the Special Task Force for Upstream Oil and Gas Business Activities (SKK Migas) Dwi Soetjipto said that his party had not yet decided who would manage the block because it was still in the evaluation stage. However, Dwi targets, the evaluation of the Corridor Block will be completed including the scenario for developing the working area to next week. .

"This is intended to provide certainty because the block contract expires in 2023. Hopefully there will be a decision soon," he said.

In September 2018, Director General of Oil and Gas, Ministry of Energy and Mineral Resources (ESDM) Djoko Siswanto said that Pertamina had officially submitted a proposal to the Ministry of Energy and Mineral Resources to manage the Corridor Block after the contract expired in 2023.

Djoko said that he had just received a Pertamina proposal which he called very thick. However, he could not disclose the details of the contents of the proposal.

"Pertamina told me to submit a proposal. I just received it, "Djoko said.

Pertamina has also obtained permission to access data on the Corridor Block. Besides Pertamina, the contractor existing in the block, namely ConocoPhillips Indonesia, has expressed interest in continuing to manage the Corridor Block after the contract expires. The giant oil company from the United States has written to the ESDM Ministry about its interest.

With the proposal from Pertamina, the Ministry of Energy and Mineral Resources will compare the ConocoPhillips and Pertamina proposals as they did at the Rokan Block, namely between PT Chevron Pacific Indonesia and Pertamina.

PT Chevron Pacific Indonesia

Based on Minister of Energy and Mineral Resources Regulation No. 23/2018 concerning Management of Oil and Gas Working Areas that End Work Contracts, the government opens opportunities for anyone to apply for management of oil and gas blocks, from existing and Pertamina operators.

The regulation confirms that the government will appoint the termination block management operator that has the best program and definite commitment, especially to encourage exploration in increasing Indonesia's oil and gas reserves and production.

Arcandra Tahar

Related to the extension by ConocoPhillips, Deputy Minister of ESDM Arcandra Tahar said that his side had not yet received a complete proposal. According to him, the proposal from ConocoPhillips is still being processed at SKK Migas.

"While at SKK Migas, it has just been discussed. To the team leader yet. "The process is SKK Migas first after that the team," said Arcandra.

Corridor Block is one of the terminated oil and gas working areas which has a large production capacity. The average crude oil production in the region reaches 13,700 barrels per day (bpd). Based on SKK Migas data, production is ready to sell or lift natural gas in the Coridor Block as of July 31, 2018 amounting to 828.11 million cubic feet per day / MMscfd or has reached 102.3% of this year's target.

Based on data from the Ministry of Energy and Mineral Resources, Conoco Phillips manages three oil and gas fields in Indonesia, namely the Corridor Block in South Sumatra with a 54% share participation, Talisman Corridor Ltd. 36%, and Pertamina Hulu Energi (PHE) Corridor 10%.

PetroChina

Conoco Phillips also manages the South Jambi Block by controlling 45%, along with 30% PetroChina working partners, and 25% Pertamina. In addition, the company from the United States also manages the Kualakurun oil and gas working area in Central Kalimantan with 100% participating shares. The South Jambi block will expire on January 18, 2020. ConocoPhillips has chosen to leave this block.

IN INDONESIAN

3 Perusahaan Meminati  Blok Corridor  

PT Pertamina (Persero), Repsol S.A., dan Conoco Phillips berminat untuk mengelola wilayah kerja minyak dan gas bumi Corridor yang belokasi di Kabupaten Musi Banyuasin, Sumatra Selatan. 

    Kepala Satuan Kerja Khusus Pelaksana Kegiatan Usaha Hulu Minyak dan Gas Bumi (SKK Migas) Dwi Soetjipto mengatakan bahwa pihaknya belum memutuskan siapa yang akan mengelola blok tersebut lantaran masih dalam tahap evaluasi. Namun, Dwi menargetkan, evaluasi Blok Corridor selesai termasuk skenario pengembangan wilayah kerja tersebut pada ke pekan depan. .

“Ini dimaksudkan untuk memberi kepastian karena kontrak blok tersebut berakhir 2023. Mudah-mudahan segera ada keputusan,” katanya.

Pada September 2018, Direktur Jenderal Minyak dan Gas Bumi, Kementerian Energi dan Sumber Daya Mineral (ESDM) Djoko Siswanto mengatakan bahwa Pertamina telah resmi mengajukan proposal ke Kementerian ESDM untuk mengelola Blok Corridor setelah habis kontrak pada 2023.

Djoko menuturkan, pihaknya baru saja menerima proposal Pertamina yang disebutnya sangat tebal. Namun, dia belum bisa mengungkapkan detil isi proposal tersebut. 

“Pertamina ke saya mengajukan proposal. Saya baru saja  menerimanya,"  ujar Djoko.

Pertamina juga sudah mendapatkan izin untuk mengakses data di Blok Corridor. Selain Pertamina, kontraktor eksis di blok tersebut, yakni ConocoPhillips Indonesia, telah menyatakan minatnya untuk tetap mengelola Blok Corridor setelah kontrak habis. Perusahaan minyak raksasa dari Amerika Serikat itu sudah menyurati Kementerian ESDM mengenai minatnya tersebut. 

Dengan adanya pengajuan proposal dari Pertamina, Kementerian ESDM akan membandingkan proposal ConocoPhillips dan Pertamina seperti halnya yang dilakukan di Blok Rokan, yakni antara PT Chevron Pacific Indonesia dan Pertamina.

Berdasarkan Peraturan Menteri ESDM No. 23/2018 tentang Pengelolaan Wilayah Kerja Migas yang Berakhir Kontrak Kerja Samanya, pemerintah membuka peluang bagi siapapun untuk mengajukan permohonan pengelolaan blok migas, dari operator eksis maupun Pertamina.

Regulasi itu menegaskan bahwa pemerintah akan menunjuk operator pengelola blok terminasi yang memiliki program dan komitmen pasti paling bagus, terutama untuk mendorong eksplorasi dalam meningkatkan cadangan dan produksi migas Indonesia.

Terkait dengan perpanjangan oleh ConocoPhillips, Wakil Menteri ESDM Arcandra Tahar menuturkan bahwa pihaknya hingga kini belum mendapatkan proposal lengkap. Menurutnya, proposal dari ConocoPhillips masih diproses di SKK Migas. 

“Sedang di SKK Migas, baru saja dibahas. Ke ketua tim belum. Prosesnya SKK Migas dulu setelah itu tim,” kata Arcandra.

Blok Corridor merupakan salah satu wilayah kerja migas terminasi yang memiliki kapasitas produksi cukup besar. Rerata produksi minyak mentah di wilayah itu mencapai 13.700 barel per hari (bph). Berdasarkan data SKK Migas, produksi siap jual atau lifting gas bumi di Blok Coridor per 31 Juli 2018 sebesar 828,11 juta kaki kubik per hari/MMscfd atau sudah mencapai 102,3% dari target tahun ini.

Berdasarkan data Kementerian ESDM, Conoco Phillips mengelola tiga lapangan migas di Indonesia, yakni Blok Corridor di Sumatra Selatan dengan bagian saham partisipasi 54%, Talisman Corridor Ltd. 36%, dan Pertamina Hulu Energi (PHE) Corridor 10%.

Conoco Phillips juga mengelola Blok South Jambi dengan menguasai 45 %, bersama mitra kerja PetroChina 30%, dan Pertamina 25 %. Selain itu, perusahaan dari Amerika Serikat itu juga mengelola wilayah kerja migas Kualakurun, Kalimantan Tengah dengan saham partisipasi 100%. Blok South Jambi akan habis masa kontraknya pada 18 Januari 2020. ConocoPhillips memilih meninggalkan blok ini.

Bisnis Indonesia, Page-22, Thursday, Dec 27, 2018

Conoco Phillips Already Complete the Proposal

ConocoPhillips Indonesia is serious about extending the Corridor Block project in Muba Regency, South Sumatra, which will expire in 2023. The company has completed two proposals at once, namely technical proposals and commercial proposals.

the Corridor Block - Sumatra

Conoco-Phillips Indonesia's Senior Vice President of Commercial, Business Development and Relations, Taufik Ahmad, said that ConocoPhillips Indonesia had submitted a proposal to re-manage the Corridor Block after the contract expires in 2023. They submitted the proposal to the government on September 27, 2018.

"We can confirm that ConocoPhillips has submitted an extension for the Corridor Block," said Taufik.

ConocoPhillips Gas Station

However, he has not been able to disclose in detail the contents of the proposal submitted to the government, both from a technical and commercial standpoint.

"For a while, our answer was like that first," said Taufik.

The same thing was revealed by the Director General of Oil and Gas at the Ministry of Energy and Mineral Resources (ESDM), Djoko Siswanto, who stated that Conoco-Phillips had formally submitted a proposal to re-manage the Corridor Block. In the proposal, according to Djoko, CococoPhillips will collaborate with Repsol which is currently also a partner in the Corridor Block.

"Yesterday we received a proposal from ConocoPhillips," he said.

According to Djoko, ConocoPhillips' proposal is complete, both technical proposals for managing the block and commercial proposals. While the proposal submitted by PT Pertamina was still a technical problem.

Repsol Gas Station

Djoko said the government began discussing the offerings of the two companies. The government is targeting, immediately decide the manager of the Corridor Block. Currently, the block located in South Sumatra is managed by ConocoPhillips with 54% participation rights. The Repsol holds 36%, and the remaining Pertamina is 10%.

The Corridor Block management contract was first signed in 1983 and ended for 40 years, in 2023. In the first half of this year, SKK Migas recorded that gas production from the Corridor Block reached 841 mmscfd. Until the end of this year, Block gas production, Corridor is projected to reach 798 mmscfd.

IN INDONESIA

Conoco Phillips Sudah Lengkapi Proposal

ConocoPhillips Indonesia serius ingin memperpanjang koutrak Blok Corridor di Kabupaten Muba, Sumatra Selatan, yang berakhir pada tahun 2023. Perusahaan ini sudah melengkapi dua proposal sekaligus,  yakni porposal teknis dan proposal komersial.

Senior Vice President Commercial, Business Development and Relations Conoco-Phillips Indonesia, Taufik Ahmad, mengaku ConocoPhillips Indonesia telah memasukkan proposal untuk kembali mengelola Blok Corridor setelah kontrak berakhir pada   2023 mendatang. Mereka mengajukan proposal tersebut kepada pemerintah pada 27 September 2018.

"Kami bisa mengonfirmasi bahwa ConocoPhillips sudah mengajukan perpanjangan untuk Corridor Block," ungkap Taufik.

Namun, dia belum bisa mengungkapkan secara mendetail isi proposal yang diajukan kepada pemerintah, baik dari sisi teknis maupun komersial. 

"Untuk sementara jawaban kami seperti itu dulu ya," imbuh Taufik.

Hal senada diungkapkan Direktur Jenderal Minyak dan Gas Bumi Kementerian Energi dan Sumber Daya Mineral (ESDM), Djoko Siswanto, yang menyatakan Conoco-Phillips telah secara resmi memasukkan proposal untuk kembali mengelola Blok Corridor. Dalam proposal itu, menurut Djoko, CococoPhillips akan menggandeng Repsol yang saat ini juga menjadi mitra di Blok Corridor. 

"Kemarin kami menerima proposal dari ConocoPhillips," ungkap dia. 

Menurut Djoko, proposal ConocoPhillips telah lengkap, baik pengajuan teknis pengelolaan blok tersebut maupun proposal komersial. Sedangkan proposal yang diajukan PT Pertamina sebelumnya masih masalah teknis.

Djoko mengaku pemerintah mulai membahas penawaran kedua perusahaan. Pemerintah menargetkan, segera memutuskan pengelola Blok Corridor. Saat ini, blok yang berlokasi di Sumatra Selatan itu dikelola ConocoPhillips dengan hak partisipasi 54%. Adapun Repsol memegang 36%, dan sisanya Pertamina 10%. 

Kontrak pengelolaan Blok Corridor ditandatangani pertama kali pada tahun 1983 lalu dan berakhir selama 40 tahun, yakni pada 2023 mendatang. Pada semester pertama tahun ini, SKK Migas mencatat produksi gas dari Blok Corridor mencapai 841 mmscfd. Hingga akhir tahun ini, produksi gas Blok ,Corridor diproyeksikan mencapai 798 mmscfd.

Kontan, Page-14, Monday, Oct 1, 2019