Pertamina Uptimistis Mahakam Block Beneficial

PT Pertamina through its subsidiary, PT Pertamina Hulu Indonesia (PHI), is optimistic to maintain the productivity level of Mahakam Block in East Kalimantan. At least from the Mahakam Block, Pertamina will provide oil and gas contributing 24 percent of the total national oil and gas production.

"In the Mahakam block, we have drilled 11 wells in Tunu and Handil Field, from 15 wells to be drilled until 2018," explained Director of PHI Bambang Manumayoso to the press in Jakarta (9/11)

He continued, to support the drilling, Pertamina invested US $ 160 million. Specifically for the Mahakam block, the IRC is preparing various strategies to maintain oil and gas production by ensuring the continuity of drilling and well intervention activities in the Mahakam area during the transition from Total E & P Indonesie (TEPI) to Pertamina on January 1, 2018.

"We also completed five field development plans (POFDs) (plan of further development) in 2017 to support drilling activities in 2018, and to optimize the procurement of rigs and materials to support drilling activities. Mahakam block management will be implemented Pertamina Hulu Mahakam which is a subsidiary of Pertamina Hulu Indonesia, "he explained.

the Mahakam Block

Bambang added that besides managing the Mahakam block, PHI is also ready to manage several other termination blocks, such as Sanga-sanga and Attaka, and Central-K Integration. According to him, the effort is a strategic step of Pertamina as a national oil company (NOC) which is responsible for maintaining national energy security.

On the other hand, in conducting business, PHI is also committed to managing QHSS aspects (quality, health, safety security / and environment), maintaining and improving production for national energy security, developing human resources, and enhancing the use of technological innovation all of which lead to the strengthening of business upstream sector. Pertamina believes Indonesian human resources are able to carry out the mandate to maintain Indonesia's energy security.

"The energy fighters in the Mahakam Block are our nation. Once taken overPertamina, their sense of nationalism is thicker because they helped maintain the energy security of the nation, "he concluded.

IN INDONESIA

Pertamina Uptimistis Blok Mahakam Menguntungkan

PT Pertamina melalui anak usaha mereka, PT Pertamina Hulu Indonesia (PHI), optimistis mampu menjaga tingkat produktivitas Blok Mahakam di Kalimantan Timur. Setidaknya dari Blok Mahakam itu, Pertamina akan memberikan tambahan kontribusi minyak dan gas (migas) sebesar 24% dari total produksi migas nasional.

“Di Blok Mahakam tersebut, kami telah melakukan pengeboran 11 sumur di Tunu dan Handil Field, dari 15 sumur yang akan dibor hingga 2018,” jelas Direktur Utama PHI Bambang Manumayoso kepada pers di Jakarta (9/11)

Ia melanjutkan, untuk mendukung pengeboran itu, Pertamina menginvestasikan dana US$ 160 juta. Khusus untuk Blok Mahakam, PHI menyiapkan berbagai strategi untuk tetap menjaga produksi migas dengan memastikan keberlangsungan kegiatan pengeboran dan well intervention di wilayah kerja Mahakam saat peralihan dari Total E&P Indonesie (TEPI) ke Pertamina pada 1 Januari 2018. 

“Kami juga menyelesaikan lima rencana pengembangan lapangan/ POFD (plan of further development) pada 2017 untuk mendukung kegiatan pengeboran pada 2018, serta melaksanakan optimalisasi pengadaan rig dan material untuk menunjang kegiatan pengeboran. Pengelolaan Blok Mahakam nantinya dilaksanakan Pertamina Hulu Mahakam yang merupakan anak usaha dari Pertamina Hulu Indonesia,” paparnya.

Bambang menambahkan, selain mengelola Blok Mahakam, PHI juga siap mengelola beberapa blok terminasi lainnya, seperti Sanga-sanga dan Attaka, serta Intergrasi Tengah-K. Menurutnya, upaya tersebut sebagai langkah strategis Pertamina sebagai national oil company (NOC) yang mengemban tugas dalam menjaga ketahanan energi nasional.

Di sisi lain, dalam menjalankan bisnis, PHI juga berkomitmen dalam pengelolaan aspek QHSS (quality, health, safety security/and environment), menjaga dan meningkatkan produksi untuk ketahanan energi nasional, mengembangkan SDM, serta meningkatkan pemanfaatan inovasi teknologi yang semuanya menuju pada penguatan bisnis sektor hulu. Pertamina yakin sumber daya manusia Indonesia mampu melaksanakan amanat menjaga ketahanan energi Indonesia. 

“Para pejuang energi di Blok Mahakam inilah bangsa kita. Setelah diambil alihPertamina, rasa nasionalisme mereka lebih kental sebab mereka turut menjaga ketahanan energi bangsa,” tutupnya.

Media Indonesia, Page-17, Friday, November 10, 2017

Drastic measures prepared for depleting Mahakam block

A subsidiary of state-owned energy giant Pertamina is slashing costs to make the most of themature, depleting Mahakam block in East Kalimantan, whose oil and gas reserves are expected to run out within the next 20 years, While hoping that higher oil prices will soon return.

Pertamina’s subsidiary PT Pertamina Hulu Indonesia (PHI) is due to take over the operations at the Mahakam block from French company Total E&P Indonesie and Japanese Inpex on Jan. 1, 2018. In order to maintain continuity and production levels after the takeover, PHI plans to drill 15 development wells this year at a cost of US$ 180 million.

the Mahakam block 

PHI president director Bambang Manumayoso said the company had undertaken various efficiency measures to reduce its operating costs, including reducing the size of wells, connection pipelines and duration of well drilling. As a result, PHI has been able to reduce its well-drilling costs by around 20 to 25 percent, to between $ 140 million and $ 150 million.

“Therefore, we propose to drill an additional two wells this year, on top of the previous 15, in an effort to boost production in 2018,” Bambang told a press conference on Thursday.

His team are also reviewing 20 to 25 other items in PHI’s operations that could be the subject of further efficiencies. Such a move might pave the way for PHI to slash another $100 million to $200 million per year from its operating costs, he said. 

At present, the cost recovery for the Mahakam block’s oil and gas production stands at $16.5 per barrel of oil equivalent. We aim to reduce this in 2018 through various efficiency efforts,” Bambang said.

By doing so, PHI expects it will be able to drill a total of 70 development wells next year, up from 55 wells stated in its previous work program and budget.

The company has allocated $ 1.7 billion to develop the Mahakam block next year. However, Bambang said it was possible for PHI to drill more wells if oil prices continued to improve, as the assumed price of oil used in its work program and budget for next year was only $ 48 per barrel.

The price of global benchmark Brent crude reached this years peak of $ 64.27 per barrel on Monday continuing its upward trend since falling to aslow as $ 44.82 per barrel on June 21. PHI needs to drill as many wells as possible to maintain oil and gas production in the Mahakam block’s deltaic environment, comprising multi-layer reservoirs. Otherwise, production will significantly drop each successive year.

“The Mahakam block currently faces a declining rate of 51 percent per year. We expect to reduce this to around 20 to 25 percent per year,” Bambang said.

In 2018, PHI aims to produce 48,000 barrels of oil per day (bopd) and 1,100 million standard cubic feet per day (mmscfd) of at the Mahakam block. Mean- while, this year’s production is estimated to reach 46,420 bopd and 1,309 mmscfd of gas.

Energy and Mineral Resources Minister Ignasius Jonan has pinned high hopes on Pertamina maintaining oil and gas production at the Mahakam block, which accounts for 24 percent of national production.

the Jakarta Post, Page-13, Friday, November 10, 2017

Pertamina Prepare US $ 1.8 M in Mahakam

PT Pertamina Hulu Mahakam is optimistic that next year it will maintain the Mahakam Block gas production, although it will not be the same as this year's production. Several drilling plans have been prepared, with an investment of US $ 1.8 billion.

President Director of Pertamina Hulu Indonesia, Bambang Manumaryoso, said that the company targets gas production from the Mahakam Block in 2018 to reach 1,100 million cubic feet per day (mmscfd) and oil at 48,000 barrels per day (bph). Gas production targets have decreased slightly from this year's production of 1,200 mmscfd.

the Mahakam Block

While oil production rose from this year, which ranges from 40,000-42,000 bpd. Bambang said, Mahakam block is an old block that has passed the peak production. So naturally decreased production. So to achieve the 2018 oil and gas production target, Pertamina Hulu Indonesia should still make efforts to drill development wells.

Next year, Pertamina Hulu Indonesia plans to drill a number of development wells, a minimum of 55 wells. The number of wells can increase as the oil price increases are directly proportional to the economy of the field.

Currently Pertamina Hulu Indonesia has submitted two proposals plan of development (POD) to SKK Migas for the addition of the number of development wells. The plan, Pertamina Hulu Indonesia will add between two development wells up to 15 wells. The addition of the number of development wells is intended to increase the oil and gas production of the Mahakam Block.

"Hopefully from the additional POD we can add wells and increase production," said Bambang, in a press conference on Thursday (9/11).

In addition to working on development wells, Pertamina also conducted workovers of 125 wells (initial plan) plus seven additional wells. There are also well service efforts as many as 5,500 wells (initial plan) plus 101 wells.

"Maintain the production through existing wells as well, through workover or repair of wells," he said.

In fact, next year's oil and gas production is also derived from Pertamina's efforts to drill this year. Now Pertamina has entered the drilling stage of the 11th well, from 15 wells to 17 wells targeted this year.

The total investment of drilling 15 wells 17 wells this year reached US $ 140 million US $ 150 million. While next year's investment is projected to reach US $ 700 million plus operating costs reach US $ 1.1 billion.

With total funding requirement of US $ 1.8 billion next year, Pertamina Hulu Indonesia will open its partners. Finally Mubadala Petroleum is interested in becoming Pertamina's partner.

"If IRR is only 10% we are still brave, but partners want IRR 11% -12%," said Bambang.

IN INDONESIA

Pertamina Siapkan US$ 1,8 M di Mahakam

PT Pertamina Hulu Mahakam optimistis, tahun depan tetap mempertahankan produksi gas Blok Mahakam, meskipun tidak akan sama dengan produksi tahun ini. Beberapa rencana pengeboran sudah disiapkan, dengan investasi US$ 1,8 miliar.

Direktur Utama Pertamina Hulu Indonesia Bambang Manumaryoso bilang, pihaknya menargetkan produksi gas dari Blok Mahakam tahun 2018 bisa mencapai 1.100 juta kaki kubik per hari (mmscfd) dan minyak sebesar 48.000 barel per hari (bph). Target produksi gas memang menurun tipis dari produksi tahun ini sebesar 1.200 mmscfd. 

Sementara produksi minyak naik dari tahun ini, yang berkisar 40.000-42.000 bph. Bambang menyatakan, Blok Mahakam merupakan blok tua yang sudah melewati Puncak produksi. Sehingga secara alami mengalami penurunan produksi. Maka untuk mencapai target produksi migas 2018, Pertamina Hulu Indonesia tetap harus melakukan upaya dengan pengeboran sumur pengembangan.

Tahun depan, Pertamina Hulu Indonesia berencana mengebor sejumlah sumur pengembangan, minimal sebanyak 55 sumur. Jumlah sumur bisa bertambah seiring kenaikan harga minyak yang berbanding lurus dengan keekonomian lapangan.

Saat ini Pertamina Hulu Indonesia telah mengajukan dua proposal plan of development (POD) ke SKK Migas untuk penambahan jumlah sumur pengembangan. Rencananya, Pertamina Hulu Indonesia akan menambah antara dua sumur pengembangan sampai 15 sumur. Penambahan jumlah sumur pengembangan itu dimaksudkan untuk menambah produksi migas Blok Mahakam. 

"Semoga dari POD tambahan itu kami bisa menambah sumur dan menambah produksi," kata Bambang, dalam konferensi pers, Kamis (9/11).

Selain mengerjakan sumur pengembangan, Pertamina juga melakukan workover sebanyak 125 sumur (rencana awal) plus tujuh sumur tambahan. Ada juga upaya well service sebanyak 5.500 sumur (rencana awal) plus 101 sumur. 

"Menjaga produksi itu melalui sumur eksisting juga, melalui workover atau perbaikan sumur," katanya.

Sebenarnya, produksi migas tahun depan juga berasal dari upaya Pertamina melakukan pengeboran tahun ini. Kini Pertamina telah masuk dalam tahap mengebor sumur yang ke-11, dari 15 sumur hingga 17 sumur yang ditargetkan pada tahun ini.

Total investasi pengeboran 15 sumur 17 sumur pada tahun ini mencapai US$ 140 juta US$ 150 juta. Sementara investasi tahun depan diproyeksikan mencapai US$ 700 juta plus biaya operasi mencapai US$ 1,1 miliar.

Dengan totaly kebutuhan dana US$ 1,8 miliar tahun depan, Pertamina Hulu Indonesia membuka diri masuknya mitra. Terakhir Mubadala Petroleum berminat masuk menjadi mitra Pertamina.

"Kalau IRR cuma 10% kami masih berani, tapi mitra ingin IRR 11%-12%," tegas Bambang.

Kontan, Page-14, Friday, November 10, 2017

Decrease Production Prevent

Pertamina Manages Full Block Mahakam Starting January 1, 2018

PT Pertamina Hulu Indonesia will strive to prevent the decline in oil and gas production of the Mahakam block in East Kalimantan. The decline in oil and gas production by 51 percent will be reduced to about 20 percent.

Until now, Mahakam Block is still managed by Total Exploration & Production Indonesia (from France) and Inpex Corporation from Japan. The Government has decided that the Mahakam Block contract expiring on December 31, 2017 is entirely handed over to Pertamina as of January 1, 2018. Of all the tenure, 10 percent of the shares are handed over to the provincial-owned enterprises of East Kalimantan Province.

The Mahakam Block

President Director of PT Pertamina Hulu Indonesia, Bambang Manumayoso, said that the character of wells in the old Mahakam block and production since 1974 has decreased production. Although the rate of decline in production is inevitable, it tries hard to decrease not too big.

"The way is by doing work over well, well maintenance, and adding new wells. In essence, our main program is to maintain the best possible production rate and implement cost efficiency of operations, "said Bambang on Thursday (9/11), in Jakarta.

This year, or the so-called transition period, Pertamina plans to drill 19 wells with an investment cost of up to Rp 1.7 trillion. As of early November, 11 drilling wells have been realized. According to Bambang, there is potential for additional new oil and gas reserves from the drilling.

"The capital expenditure we allocate for next year is Rp 9.5 trillion," said Bambang.

Regarding the work plan in 2018, it plans 132 re-operation wells, 5,601 well-care activities, and 57 development wells. The oil production in the block is expected to reach 48,000 barrels per day and gas 1,100 million standard cubic feet per day.

"If the price of crude oil is in the range of US $ 60 to US $ 70 per barrel, we plan to add new drilling activities of 170 units. With oil prices now (about 50 US dollars per barrel), maybe only half we can work on, "added Bambang.

Regarding the fate of Total and Inpex employees in the Mahakam Block, there is already an agreement. Of 1,919 employees, 1,885 people said they joined Pertamina when it was taken over in full.

As for Total and Inpex participation plan to manage Mahakam block next year, according to Pertamina Upstream Director of Syamsu Alam, Pertamina offers 30 percent shares. He said the decision whether the offer is taken or not is entirely in the hands of Total and Inex. Until now, said Syamsu, there is no clarity about the offer.

Open auction

Executive Director of Indonesian Resources Studies (IRESS) Marwan Batubara proposed that the 30 percent stock offering plan be conducted through an open auction. Thus, Pertamina can get the best price from a number of interested companies.

"With an open auction, it will prevent the potential for collusion or corruption rather than offering business to business," Marwan said.

The government has decided the fate of oil and gas block contracts that end will be left entirely to Pertamina. If Pertamina is not interested in taking over, the government will auction off the block.

IN INDONESIA

Penurunan Produksi Dicegah

Pertamina Kelola Penuh Blok Mahakam Mulai 1 Januari 2018

PT Pertamina Hulu Indonesia akan berusaha keras mencegah penurunan produksi minyak dan gas bumi Blok Mahakam di Kalimantan Timur. Laju penurunan produksi minyak dan gas bumi yang sebesar 51 persen akan ditekan menjadi sekitar 20 persen.

Hingga saat ini, Blok Mahakam masih dikelola Total Exploration & Production Indonesia (asal Perancis) dan Inpex Corporation dari Jepang. Pemerintah telah memutuskan bahwa kontrak Blok Mahakam yang berakhir pada 31 Desember 2017 diserahkan secara penuh kepada Pertamina per 1 Januari 2018. Dari seluruh penguasaan tersebut, 10 persen saham diserahkan kepada badan usaha milik daerah Provinsi Kalimantan Timur.

Direktur Utama PT Pertamina Hulu Indonesia Bambang Manumayoso mengatakan, karakter sumur-sumur di Blok Mahakam yang tua dan berproduksi sejak tahun 1974 membuat produksinya terus menurun. Kendati laju penurunan produksi tidak bisa dihindari, pihaknya berusaha keras agar penurunan tidak terlalu besar.

”Caranya dengan melakukan kerja ulang sumur (work over), perawatan sumur (well service), dan menambah sumur-sumur baru. Intinya, program utama kami adalah menjaga sebaik mungkin laju produksi dan menerapkan efisiensi biaya operasi,” kata Bambang, Kamis (9/11), di Jakarta.

Tahun ini, atau yang disebut sebagai masa transisi, Pertamina merencanakan pengeboran 19 sumur dengan biaya investasi hingga Rp 1,7 triliun. Sampai dengan awal November, 11 sumur pengeboran sudah terealisasi. Menurut Bambang, ada potensi penambahan cadangan minyak dan gas yang baru dari hasil pengeboran tersebut.

”Belanja modal yang kami alokasikan untuk tahun depan sebanyak Rp 9,5 triliun,” ujar Bambang.

Terkait rencana kerja pada 2018, pihaknya merencanakan 132 kegiatan kerja ulang sumur, 5.601 kegiatan perawatan sumur, dan 57 kegiatan sumur pengembangan. Adapun produksi minyak pada blok tersebut diharapkan bisa mencapai 48.000 barrel per hari dan gas 1.100 juta standar kaki kubik per hari.

”Apabila harga minyak mentah ada di berkisar 60 dollar AS-70 dollar AS per barrel, kami berencana menambah kegiatan pengeboran sumur baru sebanyak 170 unit. Dengan harga minyak sekarang (sekitar 50 dollar AS per barrel), kemungkinan hanya separuh yang bisa kami garap,” tambah Bambang.

Mengenai nasib karyawan Total dan Inpex di Blok Mahakam, sudah ada kesepakatan. Dari 1.919 karyawan, sebanyak 1.885 orang menyatakan bergabung dengan Pertamina saat diambil alih secara penuh.

Adapun rencana keikutsertaan Total dan Inpex mengelola Blok Mahakam pada tahun depan, menurut Direktur Hulu Pertamina Syamsu Alam, Pertamina menawarkan saham 30 persen. Ia mengatakan, keputusan apakah tawaran ilu diambil atau tidak sepenuhnya ada di tangan Total dan lnpex. Hingga kini, kata Syamsu, belum ada kejelasan perihal tawaran tersebut.

Lelang terbuka

Direktur Eksekutif Indonesian Resources Studies (IRESS) Marwan Batubara mengusulkan sebaiknya rencana penawaran saham 30 persen tersebut dilakukan lewat lelang terbuka. Dengan demikian, Pertamina bisa mendapatkan harga terbaik dari sejumlah perusahaan yang berminat.

”Dengan lelang terbuka, akan mencegah potensi terjadinya kolusi atau korupsi ketimbang penawaran secara business to business (antar perusahaan),” kata Marwan. 

Pemerintah sudah memutuskan nasib kontrak-kontrak blok migas yang berakhir akan diserahkan sepenuhnya kepada Pertamina. Jika Pertamina tidak berminat mengambil alih, pemerintah akan melelang blok tersebut.

Kompas, Page-17, Friday, November 10, 2017

Optimistic to Keep Oil and Gas Production

USD 1.1 Billion for Operationization in Mahakam Block

PT Pertamina, represented by its subsidiary, PT Pertamina Hulu Indonesia, officially manages the Mahakam block in early 2018. This state-owned oil and gas company replaces Total E & P Indonesie (TEPI) whose contract expires on December 31, 2017.

In preparation, Pertamina will spend USD 700 million for investment budget (ABI) and operational cost USD 1.1 billion to manage the Mahakam Block.

President Director of PT Pertamina Hulu Indonesia Bambang Manumayoso said one of the purposes of using the funds is to drill 60-70 wells in Mahakam block next year.

The Mahakam block

"The drilling estimates are as much as for the condition of oil prices which reached USD 48 per barrel. If the estimated oil price could reach USD 60 to USD 70 per barrel, there would be 170 wells that could be drilled yesterday (9/11).

The majority of drilling will be done on land. Meanwhile, offshore, there are seven wells to be drilled. The plan, this year, is done 19 drilling on the block that has been operating 40 years. As of September 2017, only eleven wells were successfully drilled. By the end of the year, there are probably only 15 wells drilled.

"If we can, we would like to have two more wells drilling," he said, adding that drilling wells could be accelerated to 4 days for one well.

Funds spent for drilling the well reached USD 160 million.

Pertamina does have to drill a well consistently to maintain oil and gas production in the Mahakam Block. Therefore, the Mahakam Block accounts for 24 percent of national oil and gas production. This year, gas production in Mahakam Block reaches 1,309 mmscfd and oil production is 46,420 barrels per day (bph).

Next year, Pertamina plans to keep oil production at 36,168 bph. That number rose 10,451 bpd from the supposed production, which is 25,717 bpd. Then, the gas production target in 2018 will be maintained at 1,041 mmscfd or an increase of 107 mmscfd from the supposed production of 934 mmscfd.

Until 2023, Pertamina will maintain gas production in the Mahakam block to 1,122 mmscfd and oil production is maintained to 22,927 bpd from the supposed 12.648 bph.

IN INDONESIA

Optimistis Jaga Produksi Migas

USD 1,1 Miliar untuk Operasionalisasi di Blok  Mahakam

PT Pertamina yang diwakili anak perusahaannya, PT Pertamina Hulu Indonesia, resmi mengelola Blok Mahakam pada awal 2018. Perseroan migas milik pemerintah ini menggantikan Total E&P Indonesie (TEPI) yang kontraknya berakhir pada 31 Desember 2017.

Sebagai persiapan, Pertamina akan mengeluarkan dana USD 700 juta untuk anggaran biaya investasi (ABI) serta biaya operasional USD 1,1 miliar untuk mengelola Blok Mahakam.

Dirut PT Pertamina Hulu Indonesia Bambang Manumayoso menyatakan, salah satu tujuan penggunaan dana itu adalah melakukan pengeboran 60-70 sumur di Blok Mahakam tahun depan.

”Estimasi pengeboran sebanyak itu untuk kondisi harga minyak yang mencapai USD 48 per barel. Jika estimasi harga minyak bisa mencapai USD 60 hingga USD 70 per barel, akan ada 170 sumur yang bisa dibor paparnya kemarin (9/11).

Mayoritas pengeboran bakal dilakukan di darat. Sementara itu, di lepas pantai, ada tujuh sumur yang akan dibor. Rencananya, tahun ini, dilakukan 19 pengeboran di blok yang telah beroperasi 40 tahun tersebut. Hingga September 2017, hanya sebelas sumur yang berhasil dibor. Hingga akhir tahun, sangat mungkin hanya ada 15 sumur yang dibor.

"Jika bisa, kami ingin ada tambahan pengeboran dua sumur. Saat ini, pengeboran sumur bisa dipercepat menjadi 4 hari untuk satu sumur. Estimasinya, hingga akhir tahun, ada tambahan lima sampai enam sumur” ungkapnya.

Dana yang dikeluarkan untuk pengeboran sumur mencapai USD 160 juta.

Pertamina memang harus mengebor sumur secara konsisten untuk menjaga produksi minyak dan gas di Blok Mahakam. Sebab, Blok Mahakam menyumbang 24 persen produksi migas nasional. Tahun ini, produksi gas di Blok Mahakam mencapai 1.309 mmscfd dan produksi minyak 46.420 barel per hari (bph).

Tahun depan, Pertamina berencana menjaga produksi minyak di angka 36.168 bph. Angka itu naik 10.451 bph dari produksi seharusnya, yaitu 25.717 bph. Kemudian, target produksi gas pada 2018 akan dijaga pada angka 1.041 mmscfd atau bertambah 107 mmscfd dari produksi seharusnya, yaitu 934 mmscfd.

Hingga 2023, Pertamina akan menjaga produksi gas di Blok Mahakam menjadi 1.122 mmscfd dan produksi minyak dijaga menjadi 22.927 bph dari seharusnya, yaitu 12.648 bph.

Jawa Pos, Page-5, Friday, November 10, 2017

Jabanusa contributes 30 percent

East Java is known as the center of oil and gas. It is therefore not surprising that the production of East Java, Bali and Nusa Tenggara (Jabanusa) oil contributes substantially to national oil production. The contribution is 30 percent of the national oil demand.

Head of Representative of Oil and Gas Migas Jabanusa, Ali Masyhar said, currently the amount of oil production from Jabanusa is 25-30 percent of national oil production.

"This is hard work and joint success between SKK Migas and KKKS Jabanusa," said Ali Masyhar,

According to Ali Masyhar, the national oil production in Indonesia is 800 thousand barrels per day. In Jabanusa, more oil production is produced in the East Java zone. As in Banyu Urip Bojonegoro field with production of 200 thousand - 280 thousand barrels, Poleng and Sukowati fields produce 10 thousand-15 thousand barrels. In addition, also found Keris Tuban field that can produce 100 thousand barrels.

"We hope to find a new field. Like Banyu Urip  Filed it is a gift, "said Ali Masyhar.

Oil consumption in Indonesia, continued Ali Masyhar, now as many as 1.6 million barrels. Consumption of that amount is not able to meet the production of Indonesia, so the rest imports of foreign countries. Ali Masyhar said, in the future Jabanusa become the mainstay of oil and gas production (oil and gas) in Indonesia. So it takes hard work and not easily give up. The challenges ahead are getting bigger.

"In Indonesia, oil and gas is still a mainstay of national energy needs. All life always needs energy, especially oil and gas, "explained Ali Masyhar.

IN INDONESIA

Jabanusa Sumbang 30 Persen

Jawa Timur memang dikenal sebagai pusatnya minyak dan gas bumi. Karenanya tidak mengherankan jika produksi minyak Jatim, Bali dan Nusa Tenggara (Jabanusa) memberikan kontribusi yang besar terhadap produksi minyak nasional. Kontribusi itu sebesar 30 persen dari kebutuhan minyak nasional.

Kepala Perwakilan SKK Migas Jabanusa, Ali Masyhar megatakan, saat ini jumlah produksi minyak dari Jabanusa sebanyak 25-30 persen dari produksi minyak nasional. 

“Ini kerja keras dan keberhasilan bersama antara SKK Migas dan KKKS Jabanusa,” kata Ali Masyhar,

Menurut Ali Masyhar, produksi minyak nasional di Indonesia sebanyak 800 ribu barel per hari. Di Jabanusa, produksi minyak lebih banyak dihasilkan di zona Jatim. Seperti di lapangan Banyu Urip Bojonegoro dengan produksi 200 ribu - 280 ribu barel, lapangan Poleng dan Sukowati menghasilkan 10 ribu-15 ribu barel. Selain itu, juga ditemukan lapangan Keris Tuban yang bisa memproduksi 100 ribu barel. 

“Kami berharap bisa menemukan lapangan baru. Seperti Banyu Urip itu merupakan anugerah,” ucap Ali Masyhar.

Konsumsi minyak di Indonesia, lanjut Ali Masyhar, kini sebanyak 1,6 juta barel. Konsumsi sebanyak itu tidak mampu dipenuhi produksi Indonesia, sehingga sisanya impor negara luar negeri. Ali Masyhar menuturkan, kedepannya Jabanusa menjadi andalan produksi minyak dan gas (migas) di Indonesia. Sehingga diperlukan kerja keras dan tidak mudah menyerah. Tantangan ke depan makin besar.

“Di Indonesia, migas masih jadi andalan kebutuhan energi nasional. Semua hidup selalu butuh energi, terutama migas,” terang Ali Masyhar.

Duta Mayarakat, Page-16, Friday, November 10, 2017

Mahakam Gas Production Potentially Down

Switchover of oil and gas block operators

The Mahakam Block gas production is targeted to reach 1,100 million standard feet per day / MMscfd, referring to the work plan and budget 2018.

President Director of PT Pertamina Hulu Indonesia, Bambang Manumayoso, said that in 2018 it has set production target for 2018, namely gas of 1,100 MMscfd and oil / condensate of 48,000 barrels per day (bph). This production is smaller than the realization in the first half of 2017.

And data from SKK Migas, in the middle of 2017, Mahakam Block oil production amounted to 55,100 barrels per day (bpd). Meanwhile, gas, 1.504 million cubic feet per day. 

     In the work plan and budget of 2018 which has been submitted to the Upstream Oil and Gas Upstream Business Unit (SKK Migas), the activities to be realized next year after the official management has moved to Pertamina, which is 55 drilling of development wells, 125 re-operation activities workover) and the care of 5,500 wells.

When compared to the 2017 target, for the development well drilling the number has doubled. Meanwhile, for the target workover and treatment well target 2018 lower.

SKK Migas notes that in 2017, the year of management of the Mahakam block will be realized, drilling 25 wells, 158 reprocesses and maintenance of 6,820 wells. In addition, in 2018 will be filed five plans of further development (plan of further development / POFD). 

the Mahakam Block

     To realize the event, next year, it will spend US $ 1.8 billion with US $ 700 million for investment and US $ 1.1 billion for operating costs.

"Production has been dilocked on WP & B [work plan and budget], 1,100 MMscfd," he said on Thursday (9/11).

According to him, activities can still change following the realization of oil prices. If oil prices continue to rise to US $ 60 to US $ 70 per barrel, it has prepared additional activities such as the drilling of development well 1 will increase so that the number of 70 wells.

Then, for re-work will be added seven other wells, well treatment will be added 101 additional wells and additional two projects for filing PoFD.

For the Brent type, the price of oil has exceeded US $ 60 per barrel although it still has not touched a stable point. In terms of realization of drilling, Bambang said that currently has been completed drilling 11 development wells. The target, until the end of the year can be completed as many as 17 wells from 19 well targets drilled using Pertamina costs.

Because, to date, Total E & P lndonesie still operates as an operator by partnering with lnpex through 50% participating interest (PI). After the contract expires December 31, 2017, Pertamina, through PT Pertamina Hulu Mahakam will operate the Mahakam Block.

IN INDONESIA

Produksi Gas Mahakam Berpotensi Turun

Produksi gas Blok Mahakam ditargetkan mencapai 1.100 million standard clibic feet per day/MMscfd, mengacu pada rencana kerja dan anggaran 2018.

Direktur Utama PT Pertamina Hulu Indonesia Bambang Manumayoso mengatakan untuk 2018 pihaknya telah menetapkan target produksi untuk 2018 yakni gas sebesar 1.100 MMscfd dan minyak/kondensat sebesar 48.000 barel per hari (bph). Produksi ini lebih kecil dibandingkan dengan realisasi pada pertengah tahun pertama 2017.

Dan data SKK Migas, di pertengah tahun 2017, produksi minyak Blok Mahakam sebesar 55.100 barel per hari (bph). Sementara itu, gas, 1.504 juta kaki kubik per hari. 

     Dalam rencana kerja dan anggaran 2018 yang telah diajukan kepada Satuan Kerja Khusus Pelaksana Kegiatan Usaha Hulu Minyak dan Gas Bumi (SKK Migas), kegiatan yang akan direalisasikan tahun depan setelah pengelolaan resmi beralih kepada Pertamina, yaitu 55 pengeboran sumur pengembangan, 125 kegiatan kerja ulang (workover) dan perawatan 5.500 sumur.

Bila dibandingkan dengan target 2017, untuk pengeboran sumur pengembangan jumlahnya naik dua kali lipat. Sementara itu, untuk target workover dan perawatan sumur target 2018 lebih rendah.

SKK Migas mencatat di tahun 2017 yang menjadi tahun peralihan pengelolaan Blok Mahakam, akan direalisasikan pengeboran 25 sumur, 158 kerja ulang dan perawatan atas 6.820 sumur. Selain itu, pada 2018 akan dilakukan pengajuan lima rencana pengembangan lanjutan (plan of further development/POFD). 

    Untuk merealisasikan kegiatan tersebut, tahun depan pihaknya akan mengeluarkan biaya US$1,8 miliar dengan US$700 juta untuk investasi dan US$1,1 miliar untuk biaya operasi. 

"Produksi sudah dilock di WP&B [rencana kerja dan anggaran], 1.100 MMscfd," ujarnya, Kamis (9/11).

Menurutnya, kegiatan masih bisa berubah mengikuti realisasi harga minyak. Bila harga minyak terus naik mencapai US$ 60 hingga US$ 70 per barel, pihaknya telah menyiapkan kegiatan tambahan seperti pengeboran sumur pengembangan 1 akan bertambah sehingga jumlahnya 70 sumur.

Kemudian, untuk kerja ulang akan ditambah tujuh sumur lainnya, perawatan sumur akan dimasukkan 101 sumur tambahan dan tambahan dua proyek untuk pengajuan PoFD.

Untuk jenis Brent, harga minyak telah melampaui US$ 60 per barel kendati masih belum menyentuh titik stabil. Dari sisi realisasi pengeboran, Bambang mengatakan saat ini telah diselesaikan pengeboran 11 sumur pengembangan. Targetnya, hingga akhir tahun bisa diselesaikan sebanyak 17 sumur dari 19 target sumur yang dibor menggunakan biaya Pertamina.

Pasalnya, hingga saat ini Total E&P lndonesie masih berlaku sebagai operator dengan bermitra dengan lnpex melalui kepemilikan saham partisipasi (participating Interest/PI) masing-masing 50%. Setelah kontrak berakhir 31 Desember 2017, Pertamina, melalui PT Pertamina Hulu Mahakam akan mengoperasikan Blok Mahakam. 

Bisnis Indonesia, Page-2, Friday, November 10, 2017

Environmental Damage The Old Well is getting worse

The environmental damage in the old oil wells in Kedewan sub-district, Bojonegoro regency, is getting worse. The level of damage reached 80 percent and there is no handling.

"The environmental damage, following a review by the Environmental Services (DLH) team in a number of villages in Kedewan Sub-district, on an area of ​​10 hectares with no greening at the level of environmental destruction of about 80 percent," said the Head of the Environment Agency ) District government Bojonegoro, Nurul Azizah (9/11).

Until now, there has been no treatment to overcome environmental damage in the local area contaminated with crude oil waste (crude oil). He said that PT Pertamina EP Asset 4 Field Cepu, Central Java, has already made an environmental impact analysis (EIA) document, but it has not been completed yet.

"The compilation of the environmental impact assessment has not been completed because there are still documents to be completed," She said.

According Nurul, waste disposal from crude oil production in the local area immediately to the ground, to cause the soil to be shiny black.

"The worry of waste from old wells into the river, then pollute the environment of the population. Especially if the waste into Bengawan Solo, of course will harm the community, "She said.

IN INDONESIA

Kerusakan Lingkungan Sumur Tua Makin Parah

Kerusakan lingkungan di kawasan sumber minyak sumur tua di Kecamatan Kedewan, Kabupaten Bojonegoro, semakin parah. Tingkat kerusakannya mencapai 80 persen dan belum ada penanganan.

“ Kerusakan lingkungan tersebut, setelah dilakukan peninjauan oleh tim Dinas Lingkungan Hidup (DLH) di sejumlah desa di Kecamatan Kedewan, di areal seluas 10 hektare yang sama sekali tidak ada penghijauan dengan tingkat kerusakan lingkungan sekitar 80 persen,” kata Kepala Dinas Lingkungan Hidup (DLH) Pemerintah kabupaten Bojonegoro, Nurul Azizah (9/11).

Hingga saat ini, belum ada penanganan untuk mengatasi kerusakan lingkungan di kawasan setempat yang tercemar limbah minyak mentah (crude oil). Ia mengatakan, bahwa PT Pertamina EP Asset 4 Field Cepu, Jawa Tengah, sudah membuat dokumen analisa mengenai dampak lingkungan (Amdal), tetapi belum selesai.

“ Penyusunuan analisa mengenai dampak lingkungan belum selesai karena masih ada dokumen yang harus dilengkapi,” ujarnya.

Menurut Nurul, pembuangan limbah dari produksi minyak mentah di kawasan setempat langsung ketanah, hingga mengakibatkan tanah menjadi hitam mengkilap.

“ Yang dikhawatirkan limbah dari sumur tua masuk ke sungai, kemudian mencemari lingkungan penduduk. Apalagi kalau sampai limbah masuk ke Bengawan Solo, tentunya akan merugikan masyarakat, “ ujarnya.

Bhirawa, Page-8, Friday, November 10, 2017

Oil and Gas Investment Projected to Reach US $ 18.2 Billion

The government estimates investment in the oil and gas sector will continue to rise and reach. US $ 18.2 billion in 2019. Whereas since 2013 the realization of national oil and gas investment continues to decrease every year.

In the matter of the Ministry of Energy and Mineral Resources (ESDM), this year, oil and gas investment is projected at US $ 15.28 billion with US $ 12.85 billion spread in the upstream and US $ 2.4 billion downstream. In 2018, the investment figure is projected to rise to US $ 17.03 billion, ie US $ 14.45 billion in the upstream and US $ 2.5 billion downstream.

This investment growth trend is projected to last until 2019. At that time, oil and gas investment is estimated at US $ 18.26 billion, where US $ 15.45 billion is upstream and US $ 2.7 billion downstream.

Head of Bureau of Communications, Public Information Service and Cooperation Ministry of Energy and Mineral Resources Dadan Kusdiana said that in the downstream sector of oil and gas, the prognosis is the result of forecasting from the realization in previous years. While in the upstream sector, based on ongoing project planning.

"In addition, based on Work Program and Budget (WP & B) 2017, he said in Jakarta, Wednesday (8/11).

In fact, still based on the same data, national oil and gas investment continues to fall since 2013. At that time, national oil and gas investment reached US $ 22.37 billion in which the upstream sector dominated with the realization of US $ 20.38 billion and downstream of US $ 1.9

The realization of this investment continues to be cut to US $ 21.72 billion in 2014, US $ 17.98 billion in 2015 and US $ 12.73 billion in 2016. Therefore, in order to realize future investment projections, the government must work hard.

The reason, until early October, the realization of oil and gas investment is still reached US $ 6.4 billion. The figure is only 41.88% of the 2017 target of US $ 15.28 billion. While the government only has less than two months to pursue this year's target.

In fact, the projected investment in the coming years is much greater. Asked about the government's efforts, Dadan said, will keep the whole project running as planned.

"The government monitors, facilitates, and also coordinates with relevant agencies to ensure that all plans can be run on the ground according to target," said Dadan.

In the upstream sector of oil and gas, there are several projects that are expected by the government, including the Cepu Block. However, several projects have been completed and started to produce oil and gas. So there are only a few more major projects still in operation, namely Tangguh Train-3 project with an investment value of US $ 11.13 billion which will be completed by 2020.

Indonesia Deepwater Development Project for Gendalo and Gehem Field, and Abadi Field Project, Masela Block. In the downstream sector, investment plans are dominated by gas pipelines and refineries projects. According to data from the Downstream Oil and Gas Regulatory Agency (BPH Migas), there are five gas pipeline projects under construction.

The details are 266.26 km Gresik-Semarang transmission line, 176 km Grissik-Pusri Pipeline, 67 km Duri-Dumai Pipe and 55 km of PK 52-Tanjung Batu Pipe.

For the refinery project, no half-hearted, six refinery projects are being worked out at once. Detailedly, the construction of two units new in Tuban, East Java and Bontang, East Kalimantan, and repair of four existing refineries spread across Balongan-West Java; Balikpapan-East Kalimantan; Dumai-Riau; And Cilacap-Central Java. The total investment of these six refineries is more than US $ 30 billion.

Earlier, Director General of Oil and Gas ESDM Ministry Ego Syahrial said the low realization of oil and gas investment this year as the impact of global conditions, especially oil prices.

The impact of oil price plunge is felt not only in upstream oil and gas sector, but also downstream of oil and gas. On the downstream side of oil and gas, the progress of the projects has not been too good. Although, the contribution of downstream investment in oil and gas is quite small, ie only about 20%. The government will support investors by minimizing the licensing process.

In addition, the government has also issued several regulations that encourage the growth of oil and gas production, such as Government Regulation No. 27/2017 concerning taxation of oil and gas contracts and Ministerial Regulation No. 22 of 2016 concerning gross split oil and gas contracts.

"Then what is being done is the Government Regulation on gross split taxation. We expect to be published in the near future, "he said.

IN INDONESIA

Investasi Migas Diproyeksikan Capai US$ 18,2 Miliar    

Pemerintah memperkirakan investasi di sektor minyak dan gas bumi bakal terus naik dan mencapai. US$ 18,2 miliar pada 2019. Padahal sejak 2013 realisasi investasi migas nasional terus berkurang setiap tahunnya.

Dalam materi Kementerian Energi dan Sumber Daya Mineral (ESDM), pada tahun ini, investasi migas diproyeksikan sebesar US$ 15,28 miliar dengan sebaran US$ 12,85 miliar di hulu dan US$ 2,4 miliar di hilir. Pada 2018, angka investasi ini diproyeksikan naik menjadi US$ 17,03 miliar, yakni US$ 14,45 miliar di hulu dan US$ 2,5 miliar di hilir. 

Tren kenaikan investasi ini diprognosakan bertahan sampai 2019. Pada saat itu, investasi migas diperkirakan mencapai US$ 18,26 miliar di mana US$ 15,45 miliar di hulu dan US$ 2,7 miliar di hilir.

Kepala Biro Komunikasi, Layanan Informasi Publik, dan Kerja Sama Kementerian ESDM Dadan Kusdiana menuturkan, di sektor hilir migas, prognosa tersebut merupakan hasil forecasting dari realisasi pada tahun-tahun sebelumnya. Sementara di sektor hulu, berdasarkan perencanaan proyek yang masih berjalan. 

“Selain itu juga berdasarkan Work Program and Budget (WP&B) 2017,  kata dia di Jakarta, Rabu (8/11).

Padahal, masih berdasarkan data yang sama, investasi migas nasional terus turun sejak 2013 lalu. Pada saat itu, investasi migas nasional mencapai US$ 22,37 miliar di mana sektor hulu mendominasi dengan realisasi US$ 20,38 miliar dan hilir US$ 1,9 

Realisasi investasi ini terus terpotong menjadi US$ 21,72 miliar pada 2014, US$ 17,98 miliar pada 2015, dan US$ 12,73 miliar pada 2016. Karenanya, untuk merealisasikan proyeksi investasi ke depan, pemerintah harus bekerja keras.

Pasalnya, sampai awal Oktober lalu, realisasi investasi migas masih mencapai US$ 6,4 miliar. Angka tersebut hanya 41,88% dari target 2017 yang sebesar US$ 15,28 miliar. Sementara pemerintah hanya memiliki waktu kurang dari dua bulan untuk mengejar target tahun ini. 

Padahal, proyeksi investasi di tahun-tahun mendatang jauh lebih besar lagi. Ditanya soal upaya pemerintah, Dadan mengungkapkan, akan menjaga agar seluruh proyek berjalan sesuai rencana.

“Pemerintah memonitor, memfasilitasi, dan juga koordinasi dengan instansi terkait untuk memastikan semua rencana dapat berjalan di lapangan sesuai target,” tutur Dadan.

Di sektor hulu migas, terdapat beberapa proyek yang diharapkan pemerintah, termasuk Blok Cepu. Namun, beberapa proyek telah selesai dan mulai menghasilkan migas. Sehingga hanya ada beberapa proyek besar lagi yang masih beroperasi, yakni Proyek Tangguh Train-3 dengan nilai investasi US$ 11,13 miliar yang akan selesai pada 2020.

Proyek Indonesia Deepwater Development untuk Lapangan Gendalo dan Gehem, serta Proyek Lapangan Abadi, Blok Masela. Di sektor hilir, rencana investasi didominasi proyek pipa gas dan kilang minyak. Menurut data Badan Pengatur Hilir Minyak dan Gas Bumi (BPH Migas) terdapat lima proyek pipa gas yang kini sedang dibangun.

Rincinya, pipa transmisi Gresik-Semarang sepanjang 266,26 km, Pipa Grissik-Pusri sepanjang 176 km, Pipa Duri-Dumai sepanjang 67 km, serta Pipa PK 52-Tanjung Batu sepanjang 55 km.

Untuk proyek kilang, tidak tanggung-tanggung, enam proyek kilang sedang digarap sekaligus. Rincinya, pembangunan dua unit baru di Tuban, Jawa Timur dan Bontang, Kalimantan Timur, serta perbaikan empat kilang eksisting yang tersebar di Balongan-Jawa Barat; Balikpapan-Kalimantan Timur; Dumai-Riau; Serta Cilacap-Jawa Tengah. Total investasi enam kilang ini lebih dari US$ 30 miliar.

Sebelumnya, Direktur Jenderal Minyak dan Gas Bumi Kementerian ESDM Ego Syahrial mengatakan, rendahnya realisasi investasi migas tahun ini sebagai dampak kondisi global, utamanya harga minyak.

Dampak dari terjunnya harga minyak ini dirasakan tidak hanya di sektor hulu migas, tetapi juga hilir migas. Di sisi hilir migas, progres proyek-proyek belum terlalu bagus. Walaupun, sumbangan investasi sektor hilir migas memang cukup kecil, yakni hanya sekitar 20%. Pemerintah akan mendukung investor dengan meminimalkan proses perizinan.

Selain itu, pemerintah juga telah mengeluarkan beberapa regulasi yang mendorong pertumbuhan produksi migas, seperti Peraturan Pemerintah Nomor 27/2017 soal perpajakan kontrak migas dan Peraturan Menteri No 22 Tahun 2016 soal kontrak migas gross split.

“Kemudian yang sedang dikerjakan adalah Peraturan Pemerintah tentang perpajakan gross split. Kami harapkan dalam waktu dekat bisa diterbitkan,” ujarnya.

Investor Daily, Page-9, Thursday, Nov 9, 2017