Inpex is eyeing Mahakam

Inpex, an oil and gas company from Japan, opens opportunity to PT Pertamina (Persero) to become a partner in the Mahakam block this year. Senior Specialist Media Relations Inpex Corporation Moch. N Kurniawan said that the company is still discussing with the Government of Indonesia and PT Pertamina to participate in the new Mahakam Block Production Sharing Contract (PSC) since 2018.

"Our position is still the same that is interested to participate there [Mahakam Block]," he said.

Previously, Inpex also has a contract in the Mahakam Block of 50% along with Total E & P. After the contract switched to Pertamina, Total E & P was reluctant to partner with Pertamina in the Mahakam Block so that the Inpex contract was also constrained. The reason, Total is reluctant to pay to get a share of participation in the Mahakam Block, while Inpex willing to pay to be able to continue to participate in the block.

the Mahakam Block

Upstream Director of Pertamina Syamsu Alam said the search process of the partners is still in internal discussions of the company. According to him, the company will seek partners for the Mahakam Block, and eight termination blocks into six working areas namely Tuban Block, Ogan Komering, Sanga-sanga, Southeast Sumatra, North Sumatra Offshore Attaka-East Kalimantan and Central Block combined with Mahakam Block.

Working Area Oil and Gas Block

"We will try this year to be completed," he said.

Meanwhile, Inpex can own a stake in Mahakam Block up to 39%. However, the company has not yet determined the number of shares to be held in the Mahakam Block. In the transition process to officially manage, Pertamina claims to successfully reduce the cost of drilling wells in the Mahakam Block up to 23% and 25% faster drilling time. It could make Pertamina get reserve mining potential up to 120%, and get additional reservoir thickness of 115%.

This state-owned company is spending more and US $ 1.7 billion on exploration, development and production activities in 2018. Based on SKK Migas data, the Mahakam Working Area (WK) produces 52,000 barrels of oil and condensate per day and 1,360 million cubic feet natural gas per day. Potential WK Mahakam is still considered promising with proven reserves as of January 1, 2016 of 4.9 TCF of gas, 57 million barrels of oil, and 45 million barrels of condensate.

Through the management of WK Mahakam, Pertamina contributes more than 30% of national oil and gas production throughout 2018. In the 2018 Work Program and Budget Agreement, SKK Migas targets the production of PT Pertamina Hulu Mahakam to be more than 42,000 barrels of oil per day and 916 million feet cubic of natural gas per day.

IN INDONESIA

Inpex Incar Mahakam

Inpex, perusahaan minyak dan gas berasal dari Jepang, membuka peluang kepada PT Pertamina (Persero) untuk menjadi mitra di Blok Mahakam pada tahun ini. Senior Specialist Media Relations Inpex Corporation Moch. N Kurniawan mengatakan pihaknya masih terus berdiskusi dengan Pemerintah Indonesia dan PT Pertamina untuk berpartisipasi dalam Production Sharing Contract (PSC) Blok Mahakam yang baru sejak 2018.

“Posisi kami masih tetap sama yakni berminat berpartisipasi  di sana [Blok Mahakam],” ujarnya.

Sebelumnya, Inpex juga memiliki kontrak di Blok Mahakam sebesar 50% bersama dengan Total E&P. Setelah kontrak beralih ke Pertamina, Total E&P enggan bemitra dengan Pertamina di Blok Mahakam sehingga kontrak Inpex juga terkendala. Alasannya, Total enggan membayar untuk mendapatkan saham partisipasi di Blok Mahakam, sedangkan Inpex mau membayar untuk bisa tetap berpartisipasi di blok itu.

Direktur Hulu Pertamina Syamsu Alam mengatakan proses pencarian mitra masih dalam diskusi internal perseroan. Menurutnya, perseroan akan mencari mitra untuk Blok Mahakam, dan delapan blok terminasi yang menjadi enam wilayah kerja yakni Blok Tuban, Ogan Komering, Sanga-sanga, Southeast Sumatra, North Sumatra Offshore Attaka-East Kalimantan, dan Blok Tengah yang digabung dengan Blok Mahakam.   

"Kami usahakan tahun ini sudah ada yang bisa diselesaikan,” ujarnya.

Adapun, Inpex bisa memiliki kepemilikan saham di Blok Mahakam hingga 39%. Namun, perusahaan itu belum menentukan jumlah saham yang akan dimiliki di Blok Mahakam. Dalam proses peralihan hingga resmi mengelola, Pertamina mengklaim berhasil menekan biaya pengeboran sumur di Blok Mahakam hingga 23% dan waktu pengeboran lebih cepat 25%. Hal itu bisa membuat Pertamina mendapatkan potensi penambangan cadangan sampai 120% , serta memperoleh penambahan ketebalan reservoir sebesar 115%.

Perusahaan milik negara ini mengeluarkan anggaran lebih dan US$ 1,7 miliar untuk kegiatan eksplorasi, pengembangan, dan produksi pada 2018. Berdasarkan data SKK Migas, Wilayah Kerja (WK) Mahakam memproduksi minyak dan kondensat sebanyak 52.000 barel per hari dan 1.360 juta kaki kubik gas bumi per hari. Potensi WK Mahakam dinilai masih menjanjikan dengan cadangan terbukti per 1 Januari 2016 sebesar 4,9 TCF gas, 57 juta barel minyak, dan 45 juta barel kondensat.

Melalui pengelolaan WK Mahakam, Pertamina menjadi penyumbang lebih dari 30% produksi minyak dan gas nasional sepanjang 2018. Pada Persetujuan Program Kerja dan Anggaran 2018, SKK Migas menargetkan produksi PT Pertamina Hulu Mahakam bisa lebih dari 42. 000 barel minyak per hari dan 916 juta kaki kubik gas bumi per hari. 

Bisnis Indonesia, Page-1, Wednesday, June 6, 2018

Total Cancel Join in Mahakam Block

Total E & P Indonesie canceled to join PT Pertamina (Persero) in working on the Mahakam block due to reluctance to buy shares sold by the company. However, lnpex Corporation-Japan said it is still interested to participate in managing the oil and gas block in East Kalimantan.

Director General of Oil and Gas at the Ministry of Energy and Mineral Resources (ESDM) Djoko Siswanto said Total has stated that he will not join the Mahakam block. Because the oil and gas company originating from France it wants to obtain ownership of shares in the Mahakam block for free.

the Mahakam block

"Pertamina invites Total E & P Indonesie to enter, but must pay the shares. Total does not want to pay "he said in Jakarta.

In May last year, Total E & P Indonesie expressed interest in having a share of participation in the Mahakam Block. However, Total E & P Indonesie wants share ownership up to 39%, above Pertamina's 30% freely available stock limit. This 39% share is a joint for Total and Inpex Corporation which each have a share of 19.5%, if the proposal is approved. However, Djoko asserted, Total was canceled into the Mahakam.

"Inpex in Mahakam still want, Total seems to have no interest," he said.

However, Inpex has not submitted how much of the desired shares in the Mahakam block. What is clear is that in Mahakam block, Pertamina must become 51% majority shareholder and State-Owned Enterprise (BUMD) must get 10% participating interest in Indonesia.

"So Inpex can own up to 39%," said Djoko.

Inpex has started talks about its interest in holding shares of participation in the Mahakam Block. Later, Inpex must negotiate business with Pertamina. Previously, Upstream Director of Pertamina Syamsu Alam said, opening the opportunity for Total E & P Indonesie to join to manage the block off the coast of East Kalimantan. There is no time limit to when the negotiations take place.

As it is known, Pertamina has signed a new Mahakam Block contract valid from 1 January 2018 at the end of 2015. Under the contract, the company promised a signature bonus of US $ 41 million. In addition, state revenues from production bonuses include US $ 5 million from a cumulative production of 500 million barrels of oil equivalent, of US $ 4 million from a cumulative production of 150 million barrels of oil equivalent, and US $ 4 million from a cumulative production of 1,000 million barrels of oil equivalent.

As for the first three-year investment plan, Pertamina promises, funds amounting to US $ 75.3 million. The details are respectively US $ 1.3 million, then US $ 33.5 million, and US $ 40.5 million. Currently, Pertamina begins to manage the Mahakam block in preparation for operator switching. This is to keep the oil and gas production in the block does not drop dramatically.

IN INDONESIA

Total Batal Gabung di Blok Mahakam

Total E&P Indonesie batal bergabung dengan PT Pertamina (Persero) dalam menggarap Blok Mahakam karena enggan membeli saham yang dijual perseroan. Namun, lnpex Corporation-Japan menyatakan masih berminat ikut mengelola blok migas di Kalimantan Timur tersebut.

Direktur jenderal Minyak dan Gas Bumi Kementerian Energi dan Sumber Daya Mineral (ESDM) Djoko Siswanto mengatakan, Total sudah menyatakan tidak akan bergabung mengelola Blok Mahakam. Pasalnya, perusahaan migas berasal dari Perancis itu ingin memperoleh kepemilikan saham di Blok Mahakam secara gratis. 

“Pertamina itu mempersilahkan Total E&P Indonesie masuk, tetapi harus membayar saham. Total tidak mau membayar" kata dia di Jakarta.

Pada Mei tahun lalu, Total E&P Indonesie menyatakan berminat memiliki saham partisipasi di Blok Mahakam. Namun, Total E&P Indonesie menginginkan kepemilikan saham hingga 39%, di atas batas saham yang dapat dilepas Pertamina sebesar 30%. Saham 39% ini merupakan gabungan untuk Total dan Inpex Corporation yang masing-masing memiliki bagian 19,5%, jika usulan itu disetujui. Namun, Djoko menegaskan, Total batal masuk ke Mahakam.

“Inpex di Mahakam masih mau, Total sepertinya tidak ada minat,” ujar dia.

Meski demikian, Inpex belum menyampaikan berapa besar saham yang diinginkan di Blok Mahakam. Yang jelas, di Blok Mahakam, Pertamina harus menjadi pemegang saham mayoritas 51% dan Badan Usaha Milik Daerah (BUMD) harus memperoleh hak partisipasi Indonesia sebesar 10%.

“Jadi Inpex bisa memiliki sampai 39%,” tutur Djoko. 

Inpex sudah memulai pembicaraan tentang minatnya memegang saham partisipasi di Blok Mahakam tersebut. Nantinya, Inpex harus negosiasi bisnis dengan Pertamina. Sebelumnya, Direktur Hulu Pertamina Syamsu Alam mengatakan, membuka kesempatan bagi Total E&P Indonesie untuk ikut bergabung mengelola blok di lepas pantai Kalimantan Timur itu. Tidak ada batasan waktu hingga kapan negosiasi berlangsung.  

Seperti diketahui Pertamina telah menandatangani kontrak baru Blok Mahakam yang berlaku mulai 1 Januari 2018 pada akhir 2015 lalu. Dalam kontrak itu, perseroan menjanjikan bonus tanda tangan US$ 41 juta. Selain itu juga penerimaan negara dari bonus produksi meliputi US$ 5 juta dari kumulatif produksi 500 juta barel setara minyak, sebesar US$ 4 juta dari kumulatif produksi 150 juta barel setara minyak, dan US$ 4 juta dari kumulatif produksi 1.000 juta barel setara minyak.

Sementara untuk rencana investasi tiga tahun pertama, Pertamina menjanjikan, dana sebesar US$ 75,3 juta. Rinciannya secara berurutan US$ 1,3

juta, kemudian US$ 33,5 juta, dan US$ 40,5 juta. Saat ini, Pertamina mulai ikut mengelola Blok Mahakam untuk persiapan peralihan operator. Hal ini untuk menjaga agar produksi migas di blok tersebut tidak turun drastis. 

Investor Daily, Page-9, Tuesday, June 5, 2018

Regular Auction of Oil and Gas Blocks Extended

The government extended the period of regular auction process of conventional oil and gas working area 2018 to 3 July. The extension was made due to the deadline of the auction along with the Eid al-Fitr 2018. In its official announcement, the access limit of the regular auction document of the oil and gas block was changed to June 26, 2018. While the deadline for submission of the tender participation documents was revised to July 3. Previously, access to documents was limited to 7 June and the filing of documents on June 19.

"It is prolonged because there is a long the Eid al-Fitr holiday," said Director General of Oil and Gas of the Ministry of Energy and Mineral Resources (EMR) Djoko Siswanto in Jakarta.

This is related to the Joint Decree of the Minister of Religious Affairs, the Minister of Manpower and the Minister of Administrative Reform of the State and Bureaucratic Reform of the Republic of Indonesia concerning the National Holidays and the Together Leave of 2018. Referring to this letter, June 19, which is the deadline for submission of documents for the participation of regular block auctions conventional oil and gas, still including the period of leave with the Eid al-Fitr

Based on the announcement of the EMR Ministry, regular candidate candidates may submit participation documents prior to the deadline by sending directly to the Directorate of Upstream Oil and Gas Business Development. The participating documents submitted will be recorded as auction participant and secured by confidentiality.

As is known, the government auctioned 26 blocks of oil and gas in the year, namely through direct offers and regular auctions. For four of the five oil and gas blocks auctioned through direct deals, the government has set a winner in early May. In detail, East Ganal Block was won by Eni Indonesia Ltd. East Seram by Lion Energy Ltd. Southeast Jambi by Talisman West Bengara Consortium BV-MOECO South Sumatra Co Ltd, and Citarum by PT Cogen Nusantara Energi and PT Green World Nusantara.

As for oil and gas blocks that are still in the process of regular auction there are 19 blocks. In detail, South CPR Nibung Block, Batu Gajah Dua, Air Komering, West Bukit, East Sokang, Banyumas, East Muriah, North Kangean, Andika Bumi Kita, Belayan, West Sangasanga, Suremana I, Southeast Mahakam, Mamuju Manukra, Karaeng, Ebuny, West Berau, and Cendrawasih Bay II.

At the auction of this oil and gas block the government set a minimum investment commitment and signature bonus that must be met by investors. In every oil and gas block, minimum investment commitment requested on average in the form of geological and geophysical (G & G) and seismic studies, only 12 oil and gas blocks are required to drill one exploration well. As for the average signature bonus is set at least US $ 500 thousand.

IN INDONESIA

Lelang Reguler Blok Migas Diperpanjang

Pemerintah memperpanjang jangka waktu proses lelang reguler wilayah kerja migas konvensional 2018 hingga 3 Juli. Perpanjangan dilakukan lantaran batas akhir lelang bersamaan dengan cuti bersama Idul Fitri 2018. Dalam pengumuman resminya, batas akses dokumen lelang reguler blok migas tersebut diubah menjadi 26 Juni 2018. Sementara batas akhir pemasukan dokumen partisipasi lelang direvisi menjadi 3 Juli. Sebelumnya, akses dokumen dibatasi sampai 7 Juni dan pemasukkan dokumen pada 19 Juni.

“Diperpanjang karena ada libur panjang Idul Fitri,” kata Direktur Jenderal Minyak dan Gas Bumi Kementerian Energi dan Sumber Daya Mineral (ESDM) Djoko Siswanto di Jakarta.

Hal tersebut terkait dengan Surat Keputusan Bersama (SKB) Menteri Agama, Menteri Ketenagakerjaan dan Menteri Pendayagunaan Aparatur Negara dan Reformasi Birokrasi Republik Indonesia tentang Hari Libur Nasional dan Cuti Bersama Tahun 2018. Mengacu surat ini, 19 Juni yang merupakan batas akhir pemasukan dokumen partisipasi lelang reguler blok migas konvensional, masih termasuk masa cuti bersama Idul Fitri.

Berdasarkan pengumuman Kementerian ESDM, calon peserta lelang reguler dapat memasukkan dokumen partipasi sebelum batas akhir pemasukan

dengan mengirimkan langsung ke Direktorat Pembinaan Usaha Hulu Migas. Dokumen partisipasi yang dimasukkan akan dicatat sebagai peserta lelang dan dijamin kerahasiaannya.

Seperti diketahui, pemerintah melelang 26 blok migas pada tahun, yakni melalui penawaran langsung dan lelang reguler. Untuk empat dari lima blok migas yang dilelang melalui penawaran langsung, pemerintah telah menetapkan pemenang pada awal Mei lalu. Rincinya, Blok East Ganal dimenangkan oleh Eni Indonesia Ltd. East Seram oleh Lion Energy Ltd. Southeast Jambi oleh Konsorsium Talisman West Bengara BV-MOECO South Sumatra Co Ltd, serta Citarum oleh PT Cogen Nusantara Energi dan PT Green World Nusantara.

Sementara untuk blok migas yang masih dalam proses lelang reguler terdapat 19 blok. Rincinya, Blok South CPR Nibung, Batu Gajah Dua, Air Komering, Bukit Barat, East Sokang, Banyumas, East Muriah, North Kangean, Andika Bumi Kita, Belayan, West Sangasanga, Suremana I, Southeast Mahakam, Manakarra Mamuju, Karaeng, Ebuny, West Berau, dan Cendrawasih Bay II.

Pada lelang blok migas ini pemerintah mengatur minimal komitmen investasi dan bonus tanda tangan yang harus dipenuhi investor. Di setiap blok migas, minimal komitmen investasi yang diminta rata-rata berupa studi geologi dan geofisika (G&G) dan seismik, hanya 12 blok migas yang diminta ada pengeboran masing-masing satu sumur eksplorasi. Sementara untuk bonus tanda tangan rata-rata ditetapkan minimal US$ 500 ribu. 

Investor Daily, Page-9, Tuesday, June 5, 2018

5 Projects Will Operate

The Upstream Oil and Gas Upstream Business Unit (SKK Migas) is targeting six upstream oil and gas projects to start producing this year. Head of SKK Migas Amien Sunaryadi said that five of the six projects are targeted to operate in the first quarter of 2018.

Another upstream oil and gas project is expected to operate at full capacity by mid-year, the Block A project by PT Medco E & P Malaka.

"Full scale gas July 2018. Progress already 82.01%. Gas introduce and Julu Rayeu are already flowing to the CPP [central processing unit plant] March 25, 2018, "said Amien.

The Block A production facility in Aceh has a capacity of 3,100 barrels per day (bpd) and gas production of 55 million cubic feet per day (MMscfd). The other five projects have operating schedules in October and December 2018.

Based on data from SKK Migas, two projects scheduled for operation in October 2018, progress to date has reached 90%. The two projects include the optimization of the Lica production facility undertaken by PT Medco E & P Indonesia. Then SP gas field development project by PT PHE ONWJ whose work has reached 92,5%. This achievement has exceeded the planned target of 81.4%.

Its production capacity is 30 MMscfd and its production peak target is the capacity built. SKK Migas noted that the progress of the three projects scheduled to operate in December 2018 is still below 50%.

Ario Damar-Sriwijaya Phase 2 production project with an estimated production peak of production capacity of 20 MMscfd, new development reached 39%.

IN INDONESIA

5 Proyek Akan Beroperasi

Satuan Kerja Khusus Pelaksana Kegiatan Usaha Hulu Minyak dan Gas Bumi (SKK Migas) menargetkan enam proyek hulu migas akan mulai berproduksi pada tahun ini. Kepala SKK Migas Amien Sunaryadi mengatakan bahwa lima dari enam proyek tersebut ditargetkan beroperasi pada kuartal I/2018.

Satu proyek hulu migas lainnya diharapkan beroperasi dengan kapasitas penuh pada pertengahan tahun ini, yaitu proyek Blok A oleh PT Medco E&P Malaka.

“Full scale gas Juli 2018. Progresnya sudah 82,01%. Gas introduce dan Julu Rayeu sudah mengalir ke CPP [central processing unit plant] 25 Maret 2018,” ujar Amien.

Proyek fasilitas produksi Blok A di Aceh tersebut memiliki kapasitas fasilitas produksi minyak sebesar 3.100 barel per hari (bph) dan gas sebesar 55 juta kaki kubik per han (MMscfd). Lima proyek lainnya memiliki jadwal operasi pada Oktober dan Desember 2018.

Berdasarkan data SKK Migas, dua proyek yang dijadwalkan beroperasi pada Oktober 2018, progres hingga saat ini telah mencapai 90%. Dua proyek tersebut antara lain optimalisasi fasilitas produksi Lica yang dikerjakan oleh PT Medco E&P Indonesia. Kemudian proyek pengembangan lapangan gas SP oleh PT PHE ONWJ yang pengerjaannya telah mencapai 92,5%. Pencapaian ini telah melebihi dari target yang direncanakan 81,4%.

Kapasitas produksinya sebesar 30 MMscfd dan target puncak produksinya sebesar kapasitas yang dibangun. SKK Migas mencatat progres pengerjaan tiga proyek yang dijadwalkan beroperasi pada Desember 2018 masih di bawah 50%.

Proyek fasilitas produksi Ario Damar-Sriwijaya Phase 2 dengan estimasi puncak produksi sebesar kapasitas produksi 20 MMscfd, pembangunan baru mencapai 39 %.

Bisnis Indonesia, Page-30, Tuesday, June 5, 2018

Government Cuts Project Costs Merakes and IDD

The Ministry of Energy and Mineral Resources (ESDM) managed to cut the cost of two major national oil and gas projects, namely the development of Merakes Field, East Sepinggan Block and Indonesia Deepwater Development Project (IDD) in Makassar Strait.

EMR Deputy Minister of Energy and Mineral Resources, Arcandra Tahar, said that he has approved Merements field plan of development (POD) since last month. In the POD, it cut investment and operating costs from ENI Indonesia's field to US $ 1.08 billion or equivalent to Rp 16 trillion, "ENI (Merake Field) has been approved POD, we cut cost USS 1.08 billion, it is capital expenditure and operational exependiture, ENI also agree, "he said in Jakarta.

He explained that the cost cutting is derived from various ways, including the related procurement system, contract strategy, and the selection of technology. Although the costs are cut, oil and gas production from Merakes Field should not be reduced from the original plan.

"Still the same oil and gas production. If cut costs, production should not go down, "said Arcandra.

Hopefully, the development of Merakes Field can be started as soon as possible. Previously, the Upstream Oil and Gas Upstream Business Unit (SKK Migas) said that Merake Field would generate 150 million cubic feet per day (mmscfd) gas in 2019. The gas production will be channeled to a floating production unit (floating production unit / FPU) of Jangkrik Field, Muara Bakau Block which is also developed by ENI ITALY.

This is possible because when Merake Field is in operation, gas production from Jangkrik Field starts to decline. In the development of Merakes Field, ENI will build a platform, 60 kilometers of undersea pipeline, and drill several wells. Wells drilling at Merakes Field is projected to be done in the fourth quarter of this year. Thus, gas production can be realized in 2019.

In its official statement, ENI ITALY announced the successful drilling and testing of Marekes Well 2 in East Sepinggan Block. Production tests are limited by surface facilities, indicating the ability of the reservoir to produce significant gas. The findings in Merakes are estimated at 2 trillion cubic feet of gas with additional potential that needs to be evaluated.

"The findings in Merakes are estimated at 2 trillion cubic feet of gas with additional potential that needs to be evaluated," it said in an official ENI statement.

ENI is the operator and holder of the majority participation rights in East Sepinggan Block with 85% shares. While the rest is owned by PT Pertamina Hulu Energy. ENI has been operating in Indonesia since 2001 and managing a number of exploration, production and development assets, including Cricket Fields. The other production assets are Sanga-Sanga Block with 16 thousand barrels of oil equivalent per day.

Project Indonesia Deepwater Development

Not only Field Merakes, Arcandra said it also managed to cut the cost of developing IDD Project. "" I cut costnya, "he said. However, Arcandra is still reluctant to specify how the cost cutting successfully done his side. Arcandra had said, it has asked the Chevron from its headquarters in Houston, United States to come to Indonesia. This June, Chevron is expected to submit a proposal for the IDD Project POD. Chevron promised to immediately start the development of this IDD Project.

"They (Chevron) schedulenya fast, already contrived really yesterday. Quickly, first gas is 2023-2024. Previously far back, "he said.

It is optimistic that the target will be achieved because a number of contract strategy has been proposed it. One of them, there will be no prohibition that the company has become the contractor of the FEED design package, to also work on engineering, procurement and construction (EPC) contract package. Saving time can be about 1-2 years.

Chevron IDD project combines four contracts of cooperation namely Ganal, Rapak, Makassar Strait, and Muara Bakau. In the four concessions there are five fields namely Bangka Field, Gehem, Gendalo, Maha and Gandang. Bangka Field has been in production since August 2016 and producing eight liquefied natural gas (LNG) cargo shipped from Bontang LNG Terminal.

"The second phase IDD, which includes Gendalo and Gehem Fields, is estimated to have a total potential of 3 trillion cubic feet (tcf) of gas production.China has actually obtained approval of the IDD project development plan in 2008. However, after the FEED , the cost required to work on this project is two times higher, and Chevron has again submitted the POD revision by the end of 2015. Unfortunately, this POD is returned by the government because it is incomplete.

IN INDONESIA

Pemerintah Pangkas Biaya Proyek Merakes dan IDD

Kementerian Energi dan Sumber Daya Mineral (ESDM) berhasil memangkas biaya dua proyek migas besar nasional, yakni pengembangan Lapangan Merakes, Blok East Sepinggan dan Proyek Indonesia Deepwater Development (IDD) di Selat Makassar.

Wakil Menteri ESDM Arcandra Tahar mengatakan, pihaknya telah menyetujui rencana pengembangan (plan of development/ POD) Lapangan Merakes sejak bulan lalu. Dalam POD tersebut, pihaknya memangkas biaya investasi dan operasi dari lapangan yang digarap ENI Indonesia hingga US$ 1,08 miliar atau setara Rp 16 triliun, “ENI (Lapangan Merakes) sudah disetujui POD-nya, kami cut cost USS 1,08 miliar, itu capital expenditure dan operational exependiture, EN I juga setuju,” kata dia di Jakarta.

Dijelaskannya, pemotongan biaya tersebut diperoleh dari berbagai macam cara, diantaranya terkait sistem pengadaannya, strategi kontraknya, dan pemilihan teknologinya. Meski biaya dipangkas, produksi migas dari Lapangan Merakes ini tidak boleh berkurang dari rencana awal.

“Masih sama produksi migasnya. Kalau cut cost, tidak boleh produksi turun,” tutur Arcandra.

Diharapkannya, pengembangan Lapangan Merakes ini bisa dimulai secepatnya. Sebelumnya, Satuan Kerja Khusus Pelaksana Kegiatan Usaha Hulu Minyak dan Gas Bumi (SKK Migas) menyatakan, Lapangan Merakes akan menghasilkan gas sekitar 150 juta kaki kubik per hari/mmscfd pada 2019. Produksi gas ini akan dialirkan ke fasilitas produksi terapung (floating production unit/ FPU) Lapangan Jangkrik, Blok Muara Bakau yang juga digarap ENI ITALY.

Hal ini memungkinkan lantaran pada saat Lapangan Merakes beroperasi, produksi gas dari Lapangan Jangkrik mulai turun. Dalam pengembangan Lapangan Merakes, ENI akan membangun satu anjungan (platform) , pipa bawah laut sepanjang 60 kilometer, dan mengebor beberapa sumur. Pengeboran sumur di Lapangan Merakes diproyeksikan bisa dilakukan pada kuartal keempat tahun ini. Sehingga, produksi gas bisa terealisasi pada 2019.

Dalam keterangan resminya, ENI ITALY mengumumkan keberhasilan pengeboran dan pengetesan Sumur Marekes 2 di Blok East Sepinggan. Tes produksi yang dibatasi oleh fasilitas di permukaan, menunjukkan kemampuan reservoir menghasilkan gas yang cukup signifikan. Temuan di Merakes ini diperkirakan sebesar 2 triliun kaki kubik gas dengan tambahan potensi yang perlu dievaluasi.

“Temuan di Merakes ini diperkirakan sebesar 2 triliun kaki kubik gas dengan tambahan potensi yang perlu dievaluasi,” demikian disebutkan dalam keterangan resmi ENI. 

ENI merupakan operator dan pemegang hak partisipasi mayoritas di Blok East Sepinggan dengan saham 85%. Sementara sisanya dimiliki oleh PT Per-

tamina Hulu Energy. ENI telah beroperasi di Indonesia sejak 2001 dan mengelola sejumlah aset eksplorasi, produksi, dan pengembangan, termasuk Lapangan Jangkrik. Aset produksi lainnya yakni Blok Sanga-Sanga dengan hasil 16 ribu barel setara minyak per hari.

Proyek Indonesia Deepwater Development

Tidak hanya Lapangan Merakes, Arcandra menyatakan pihaknya juga berhasil memangkas biaya pengembangan Proyek IDD.” “Saya cut costnya,” ujar dia. Namun, Arcandra masih enggan merinci berapa pemotongan biaya yang berhasil dilakukan pihaknya. Arcandra sempat menuturkan, pihaknya telah meminta pihak Chevron dari kantor pusatnya di Houston, Amerika Serikat untuk datang ke Indonesia. Pada Juni ini, sedianya Chevron akan mengajukan proposal POD Proyek IDD. Pihak Chevron berjanji akan secepatnya memulai pengembangan Proyek IDD ini.

“Mereka (Chevron) schedulenya cepat, sudah dibikin kok kemarin. Cepat kok, first gas itu 2023-2024. Sebelumnya kan jauh ke belakang,” kata dia.

Pihaknya optimis target tersebut bakal tercapai lantaran sejumlah strategi kontrak telah diusulkan pihaknya. Salah satunya, tidak akan ada lagi larangan bahwa perusahaan yang telah menjadi kontraktor paket desain rinci (fornt end engineering design/ FEED), untuk juga menggarap kontrak paket rekayasa, pengadaan, dan konstruksi (engineering, procurement, and construction / EPC). Penghematan waktu bisa sekitar 1-2 tahun.

Proyek IDD Chevron ini menggabungkan empat kontrak kerja sama yaitu Ganal, Rapak, Makassar Strait, dan Muara Bakau. Dalam keempat konsesi tersebut terdapat lima lapangan yaitu Lapangan Bangka, Gehem, Gendalo, Maha dan Gandang. Lapangan Bangka telah berproduksi sejak Agustus 2016 dan

menghasilkan delapan kargo gas alam cair (liquefied natural gas/ LNG) yang dikapalkan dari Terminal LNG Bontang. 

"IDD tahap kedua, yang meliputi Lapangan Gendalo dan Gehem, diperkirakan memiliki potensi total produksi gas sebesar 3 triliun kaki kubik (trillion cubic feet/ tcf). Chevron sebenarnya telah memperoleh persetujuan rencana pengembangan Proyek IDD pada 2008 lalu. Namun, setelah dilakukan pengerjaan FEED, biaya yang dibutuhkan untuk menggarap proyek ini naik dua kali lebih besar. Selanjutnya, Chevron kembali menyerahkan revisi POD pada akhir 2015. Sayangnya, POD ini dikembalikan oleh pemerintah lantaran tidak lengkap.

Investor Daily, Page-9, Monday, June 4, 2018

Consortium of PGN -Pertamina Evaluation of Central Indonesia Gas Project

The consortium of PT PGN (Persero) Tbk and PT Pertamina (Persero) will evaluate the change of capacity of gas procurement projects and facilities in Central Indonesia offered by PT PLN (Persero). The consortium will negotiate opportunities for these facilities also used by industries in the region.

PGN Jobi President Director Triananda Hasyim said that his party is still waiting for the official announcement from PLN related to the change of capacity of gas facilities auctioned. Thus, it has not made any decision regarding this project.

"We see first the decline (capacity) how big. We evaluate first, "he said in Jakarta.

He explained that the consortium PGN and Pertamina are interested in working on this PLN project considering the company's commitment to channel gas to Papua and Maluku. So that the company sees the PLN gas project is not only to meet the gas generating electricity, but also the community and surrounding industries. The reason, many companies are asking for gas supplies in the region.

"Many companies want to make a ceramic factory in Makassar and Papua, they ask where the gas. If gas is in Bekasi or Probolinggo, they say it's better to build a factory there. It is expected that there is gas, can be built in Central and Eastern Indonesia, "said Jobi.

Therefore, following the reduction of gas needs of power plants, it will discuss with PLN related opportunities for the use of this facility for other buyers. Hi this considering the method of gas transportation for the industry also will not be much different from for power plant.

"We participate in the auction for the needs of PLN, but later we will try if the winner has been appointed, we ask permission to enlarge the capacity, so it can be for other buyers," said Jobi. The additional capacity will be funded by the consortium. This consideration also makes the PLN gas project more economical.

About the gas supply, Jobi revealed many sources, such as from Bontang and Tangguh Refineries. This is because so far liquefied natural gas (LNG) is widely exported because there are no consumers who absorb in the country. Moreover, every year there is a completed LNG export contract.

IN INDONESIA

Konsorsium PGN -Pertamina Evaluasi Proyek Gas Indonesia Tengah

Konsorsium PT PGN (Persero) Tbk dan PT Pertamina (Persero) akan mengevaluasi perubahan kapasitas proyek pengadaan dan fasilitas gas di Indonesia Tengah yang ditawarkan oleh PT PLN (Persero). Konsorsium akan menegosiasikan peluang fasilitas ini juga dipakai oleh industri di wilayah tersebut.

Direktur Utama PGN Jobi Triananda Hasyim mengatakan, pihaknya masih menunggu pengumuman resmi dari PLN terkait adanya perubahan kapasitas fasilitas gas yang dilelang tersebut. Sehingga, pihaknya belum membuat keputusan apapun terkait proyek ini.

“Kami lihat dulu penurunan (kapasitas) seberapa besar. Kami evaluasi dulu,” kata dia di Jakarta.

Dia menjelaskan, konsorsium PGN dan Pertamina tertarik menggarap proyek PLN ini mengingat komitmen perusahaan untuk menyalurkan gas sampai ke Papua dan Maluku. Sehingga perusahaan melihat proyek gas PLN ini tidak hanya untuk memenuhi gas pembangkit listrik, namun juga masyarakat dan industri sekitarnya. Pasalnya, banyak perusahaan yang menanyakan pasokan gas di wilayah tersebut.

“Banyak perusahaan mau membuat pabrik keramik di Makassar dan Papua, mereka menanyakan gasnya dimana. Kalau gas di Bekasi atau Probolinggo, mereka bilang lebih baik membangun pabrik di sana. Diharapkan kalau ada gasnya, bisa terbangun di Indonesia Tengah dan Timur,” ujar Jobi.

Karena itulah, menyusul adanya pengurangan kebutuhan gas pembangkit listrik, pihaknya akan membicarakan dengan PLN terkait peluang penggunaan fasilitas ini untuk pembeli lain. Hai ini mengingat metode transportasi gas untuk industri tersebut juga tidak akan jauh berbeda dengan untuk pembangkit listrik.

“Kami ikut lelang untuk kebutuhan PLN, tetapi nanti kami upayakan kalau sudah ditunjuk pemenang, kami minta izin memperbesar kapasitas, sehingga bisa untuk pembeli yang lain,” kata Jobi. Tambahan kapasitas tersebut akan didanai oleh konsorsium. Pertimbangan ini juga membuat proyek gas PLN tersebut lebih ekonomis.

Soal pasokan gas, Jobi mengungkapkan banyak sumbernya, seperti dari Kilang Bontang dan Tangguh. Hal ini mengingat selama ini gas alam cair (liquefied natural gas/LNG) banyak diekspor dikarenakan tidak ada konsumen yang menyerap di dalam negeri. Apalagi, setiap tahunnya ada kontrak ekspor LNG yang selesai.

Investor Daily, Page-9, Monday, June 4, 2018

ESDM Ensures New Boss in Three Blocks of Termination

The Ministry of Energy and Mineral Resources (ESDM) is moving quickly to provide certainty over the further management of three termination blocks or block of contracts in 2019. In Babu (31/5) signed a contract for the gross split for three oil and gas blocks. First, Jambi Merang Block with operator is PT Pertamina Hulu Energi Jambi Merang and 100% participating interest (including 10% participation rights to be offered to BUMD).

The Jambi Merang Block is currently managed by JOB Pertamina-Talisman Jambi Merang and the contract expires on 9 February 2019. Second, Raja / Pendopo Block with PT Pertamina Hulu Energi Raja Tempirai contractors and 100% participating interest (including 10% participating interest to be offered to BUMD). The Raja / Pendopo Block is still managed by JOB Pertamina Golden Spike Energy Indonesia; Ltd. and the management period ends on July 5, 2019.

Third, Seram Non Bula Block with CITIC Seram Energy Ltd, Gulf Petroleum Investment Company KSCC, Lion International Investment Ltd., PT GHJ Seram Indonesia and PT Petro Indo Mandiri. The participation of all contractors includes 10% participation rights to be offered to BUMD. The Non-Bula Seram Block will end its management period on October 31, 2019.

Deputy Minister of Energy and Mineral Resources Arcandra Tahar explained, with the signing of three contracts, the government received a total signature bonus signature bonus of US $ 19.2 million or equivalent to Rp 258.5 billion. While the total estimated value of investment from the implementation of commitment activities must be five the first year is US $ 303.7 million or equivalent to Rp 4 trillion.

The government hopes that with the signing of new contracts in three oil and gas blocks terminated in 2019 there will be exploration activities to find additional Indonesian oil reserves. According to Arcandra, additional exploration activities are very large in the oil and gas world of Indonesia. The strategy is now with a definite work commitment.

"Hopefully this is a positive hope that this strategy can be accepted, but if there are things we need to improve we will be happy to review," he said.

IN INDONESIA

ESDM Pastikan Boss Baru di Tiga Blok Terminasi

Kementerian Energi dan Sumber Mineral (ESDM) bergerak cepat memberi kepastian terhadap pengelolaan selanjutnya atas tiga blok terminasi atau blok habis kontrak tahun 2019. Pada Babu (31/5) ditandatangani kontrak bagi hasil gross split untuk tiga blok migas. Pertama, Blok Jambi Merang dengan operator adalah PT Pertamina Hulu Energi Jambi Merang dan kepemilikan hak partisipasi atau participating Interest sebesar 100% (termasuk hak partisipasi 10% yang akan ditawarkan ke BUMD). 

Blok Jambi Merang saat ini masih dikelola JOB Pertamina-Talisman Jambi Merang dan kontrak berakhir 9 Februari 2019. Kedua, Blok Raja/Pendopo dengan kontraktor PT Pertamina Hulu Energi Raja Tempirai dan kepemilikan hak partisipasi 100% (termasuk 10% hak partisipasi yang akan ditawarkan kepada BUMD). Blok Raja/Pendopo saat ini masih dikelola JOB Pertamina Golden Spike Energy Indonesia; Ltd. dan masa pengelolaan berakhir pada tanggal 5 Juli 2019.

Ketiga, Blok Seram Non Bula dengan Kontraktor CITIC Seram Energy Ltd, Gulf Petroleum Investment Company KSCC, Lion International Investment Ltd., PT GHJ Seram Indonesia dan PT Petro Indo Mandiri. Hal partisipasi seluruh kontraktor ini termasuk hak partisipasi 10% yang akan ditawarkan kepada BUMD. Blok Seram Non Bula akan berakhir masa pengelolaanya pada tanggal 31 Oktober 2019.

Wakil Menteri ESDM Arcandra Tahar menjelaskan, dengan penandatanganan tiga kontrak tersebut, pemerintah menerima total bonus tanda tangan alias signature bonus sebesar US$ 19,2 juta atau setara Rp 258,5 miliar. Sedangkan perkiraan total nilai lnvestasi dari pelaksanaan kegiatan komitmen pasti lima tahun pertama adalah sebesar US$ 303,7 juta atau setara Rp 4 trilliun.

Pemerintah berharap dengan penandatanganan kontrak baru di tiga blok migas terminasi tahun 2019 akan ada kegiatan eksplorasi untuk menemukan tambahan cadangan minyak Indonesia. Menurut Arcandra, tambahan aktivitas eksplorasi sangat besar di dunia migas Indonesia. Strategi sekarang dengan komitmen kerja pasti. 

"Mudah-mudahan positif. Semoga strategi ini bisa diterima, tapi kalau ada hal-hal perlu perbaiki kami akan senang mereview,"katanya.

Kontan, Page-14, Saturday, June 2, 2018

The Profit Sharing Scheme is questioned again

A number of members of Commission VII (Energy) of the House of Representatives (DPR) again questioned the oil and gas sharing scheme based on gross production or gross split. Therefore, this scheme is considered not able to improve the investment climate. In the first quarter of 2018, production target of ready to sell or lifting of oil and gas has not been able to reach the target. On the other hand, according to the government, the gross split scheme actually makes the auction of oil and gas blocks desirable.

In a hearing session of Commission VII of the House of Representatives (DPR) with the Special Working Unit for Oil and Gas Upstream Business Activity (SKK Migas) and head of upstream oil and gas company on Thursday (31/5/2018), in Jakarta; the question of gross split reappeared. A day earlier, in a working meeting with the Ministry of Energy and Mineral Resources (ESDM), the effectiveness of this scheme was also asked by a number of members of Commission VII DPR. The question is based on the achievement of the Ministry of Energy and Mineral Resources in the first quarter of 2018.

Based on SKK Migas data, oil lifting until April 30, 2018 as much as 741,900 barrels per day. The achievement is still below the target of the 2018 APBN as much as 800,000 barrels per day. The lifting of natural gas up to April 30, 2018 amounted to 6.450 million standard cubic feet per day (MMSCFD) or still below the target of the 2018 APBN of 6,720 MMSCFD. Member of Commission VII of the House of Representatives Kardaya Warnika, suggested the government to review gross split schemes if necessary.

"Do not let this scheme, big oil and gas companies do not want to invest in Indonesia again. This will be dangerous for exploration impact. Only large companies want to explore, "he said.

Vice Chairman of Commission VII Herman Khaeron said the first gross split scheme implemented in the Offshore Block North West Java is recommended to be evaluated if it gives unfavorable results. On the sidelines of the meeting, a number of members of Commission VII questioned the reason China National Offshore Oil Corporation (CNOOC) did not follow the auction of South East Sumatra block.

China National Offshore Oil Corporation (CNOOC)

CNOOC is still the operator of the block until September 2018. The government has decided to continue the management of the South East Sumatra block handed over to Pertamina Hulu Energi.

"We are not interested in the gross split scheme (so do not participate in the auction). If with cost recovery, we are still willing, "said President Director of CNOOC Cui Hanyun, answering questions from members of Commission VII.

Head of SKK Migas Amien Sunaryadi said, not all parties have the same opinion about the gross split. However, it is open to all input.

IN INDONESIA

Skema Bagi Hasil Dipersoalkan Lagi 

Sejumlah anggota Komisi VII (Energy) Dewan Perwakilan Rakyat (DPR) kembali mempersoalkan skema bagi hasil minyak dan gas bumi berdasarkan produksi bruto atau gross split. Sebab, skema ini dianggap belum mampu memperbaiki iklim investasi. Pada triwulan I-2018, target produksi siap jual atau lifting minyak dan gas bumi belum mampu mencapai target. Di sisi lain, menurut pemerintah, skema gross split justru membuat lelang blok migas diminati.

Dalam rapat dengar pendapat Komisi VII DPR dengan pihak Satuan Kerja Khusus Pelaksana Kegiatun Usaha hulu Minyak dan Gas Bumi (SKK Migas) dan pimpinan perusahaan hulu migas, Kamis (31/5/2018), di Jakarta; pertanyaan mengenai gross split kembali muncul. Sehari sebelumnya, dalam rapat kerja dengan Kementerian Energi dan Sumber Daya Mineral (ESDM), efektivitas skema ini juga ditanyakan sejumlah anggota Komisi VII DPR. Pertanyaan itu berdasarkan pencapaian kinerja Kementerian ESDM pada triwulan I-2018.

Berdasarkan data SKK Migas, lifting minyak hingga 30 April 2018 sebanyak 741.900 barrel per hari. Pencapaian itu masih di bawah target APBN 2018 yang sebanyak 800.000 barrel per hari. Adapun lifting gas bumi sampai dengan 30 April 2018 sebanyak 6.450 juta standar kaki kubik per hari (MMSCFD) atau masih di bawah target APBN 2018 yang sebanyak 6.720 MMSCFD. Anggota Komisi VII DPR Kardaya Warnika, menyarankan pemerintah mengkaji kembali skema gross split jika diperlukan. 

”Jangan sampai gara-gara skema ini, perusahaan besar migas tidak mau berinvestasi di Indonesia lagi. Ini akan berbahaya dampaknya bagi eksplorasi. Hanya perusahaan besar yang mau melakukan eksplorasi,” katanya.

Wakil Ketua Komisi VII Herman Khaeron mengatakan, skema gross split yang pertama kali diterapkan di Blok Offshore North West Java disarankan untuk dievaluasi jika memberikan hasil kurang baik. Di sela-sela rapat, sejumlah anggota Komisi VII mempertanyakan alasan China National Offshore Oil Corporation (CNOOC) tidak mengikuti lelang blok South East Sumatera.

CNOOC masih menjadi operator blok tersebut hingga September 2018. Pemerintah sudah memutuskan kelanjutan pengelolaan blok South East Sumatera diserahkan kepada Pertamina Hulu Energi.

”Kami tidak tertarik dengan skema gross split (sehingga tidak ikut lelang). Kalau dengan cost recovery, kami masih bersedia,” ujar Presiden Direktur CNOOC

Cui Hanyun, menjawab pertanyaan anggota Komisi VII.

Kepala SKK Migas Amien Sunaryadi mengatakan, tidak semua pihak mempunyai pendapat yang sama soal gross split. Namun, pihaknya terbuka terhadap segala masukan.

Kompas, Page-18, Saturday, June 2, 2018

BDH Field Production 100 MMSCFD

East Java (East Java) which had shortage of gas, now it is excessive. The good news for industries in East Java that require natural gas is no longer difficult to meet the needs of gas production. Husky CNOOC Madura Limited (HCML) still has about 30 Milion Metric Standard Cubic Feet per Day (MMscfd) or millions of cubic feet per day which has not been utilized from its production.

The Head of Relations HCML Hamim Tohari, BD Field in Sampang Regency, Madura was initially targeted to produce 100 million standard cubic feet per day (MMSCFD) and 7,000 barrels of condensate per day. But now gas production is channeled to PGN and some industries only 70 percent of it can be absorbed. While 30 MMscfd there is no industry ready to use it.

"Actually there is Petrokimia Gresik who will use it for their production needs in Urea II factory they just built. But there are still obstacles so that HCML gas can not be utilized optimally, "said Hamim.

Hamim said one other cause of HCML gas can not be produced optimally is because currently in East Java there is over supply gas or excess supply of natural gas. This trend, said Hamim, is expected to give confidence to industries that want to use natural gas as a more environmentally friendly energy.

"Now we open our hands wide for the industry that wants to buy our gas. There are still 30 MMscfd ready to be distributed, "said Hamim Tohari.

IN INDONESIA

Lapangan BDH Produksi 100 MMSCFD

Jawa Timur (Jatim) yang sempat kekurangan gas, kini justru berlebih. Kabar gembira untuk industri di Jawa Timur yang membutuhkan gas bumi tidak lagi kesulitan untuk memenuhi kebutuhan produksi gas. Adalah Husky CNOOC Madura Limited (HCML) masih memiliki gas sekitar 30 Milion Metric Standart Cubic Feet per Day (MMscfd) atau juta kaki kubik per hari yang belum termanfaatkan dari produksinya.

Jumlah yang sangat besar kalau tidak dimanfaatkan, Menurut Head of Relations HCML Hamim Tohari, lapangan BD di Kabupaten Sampang, Madura semula ditargetkan bisa memproduksi gas 100 juta standar kaki kubik per hari (MMSCFD) dan 7.000 barel kondensat per hari. Namun saat ini produksi gas yang disalurkan ke PGN dan beberapa industri hanya 70 persennya saja yang bisa terserap. Sedangkan 30 MMscfd belum ada industri yang siap menggunakannya. 

“Sebenarnya ada Petrokimia Gresik yang akan menggunakannya untuk kebutuhan produksi mereka di pabrik Urea II yang baru mereka bangun. Tetapi masih ada kendala sehingga gas HCML belum bisa dimanfaatkan secara maksimal,” kata Hamim.

Dikatakan Hamim salah satu penyebab lain gas HCML tidak bisa diproduksi secara maksimal adalah karena saat ini di Jatim terjadi over supply gas atau kelebihan pasokan gas bumi. Kecenderungan ini, kata Hamim, diharapkan mampu memberi keyakinan bagi industri yang ingin menggunakan gas bumi sebagai energi yang lebih ramah lingkungan.

“Sekarang kami membuka tangan selebar-lebarnya untuk industri yang mau membeli gas kami. Masih ada 30 MMscfd yang siap disalurkan,” kata Hamim Tohari.

Duta Masyarakat, Page-13, Saturday, June 2, 2018

Pertamina EP Continues to Find Large Oil and Gas Reserves

PT Pertamina EP continues to explore in several oil and gas fields to obtain large reserves. This is to answer the criticism of President Joko Widodo about the rarity of Pertamina to conduct explorations during the Indonesian Petroleum Association (IPA) some time ago.

Director of Pertamina EP Nanang Abdul Manaf said, in the last 50 years indeed the discovery of large oil and gas reserves is relatively small. There is only Minas Field, Duri-Riau Field, Jatibarang Field-West Java, Banyu Urip Field-East Java and Handil Square

"We did find the reserves such as Tapen, Jati Asri, Tambun, but the size is not as big as Banyu Urip, there is no exploration activity, but there is nothing as a whip just so we can find big ones," he said.

Pertamina EP has achieved production up to 132,000 barrels per day (bpd) in 2009. At that Sukowati Field was able to produce up to 40,000 bpd and now its production is only 8,000 bpd.

"If Sukowati Field is still 40.000 bph we are still victorious, so indeed for high production there should be significant findings," he said.

For example, at that time Field Minas and Duri were able to produce up to 700,000 bpd, Widuri reached 200,000 bpd, and now ExxonMobil's Banyu Urip is capable of 200,000 bpd.

"We have to find oil class Banyu Urip," he said.

Despite its focus on oil, Pertamina EP is now also looking for gas reserves, as 60% of its current revenues are from gas.

IN INDONESIA

Pertamina EP Terus Mencari Cadangan Migas Besar

PT Pertamina EP terus melakukan eksplorasi di beberapa lapangan migas untuk mendapatkan cadangan yang besar. Hal ini untuk menjawab kritik dari Presiden Joko Widodo tentang jarangnya Pertamina melakukan eksplorasi saat acara Indonesian Petroleum Association (IPA) beberapa waktu lalu.

Direktur Utama Pertamina EP Nanang Abdul Manaf mengatakan, dalam waktu 50 tahun terakhir memang penemuan cadangan migas besar relatif sedikit. Hanya ada Lapangan Minas, Lapangan Duri-Riau, Lapangan Jatibarang-Jawa Barat, Lapangan Banyu Urip-Jawa Timur dan Lapangan Handil 

"Kami memang menemukan cadangan misalnya Tapen, Jati Asri, Tambun tetapi size-nya tidak sebesar Banyu Urip, terlihat tidak ada kegiatan eksplorasi, padahal ada. Tidak apa-apa itu sebagai cambuk saja supaya kita menemukan yang besar," kata dia.

Pertamina EP pernah mencapai produksi hingga 132.000 barel per hari (bph) pada tahun 2009. Saat itu Lapangan Sukowati mampu produksi hingga 40.000 bph dan sekarang produksinya hanya 8.000 bph. 

"Kalau Lapangan Sukowati masih 40.000 bph kami masih berjaya. Jadi memang untuk produksi tinggi harus ada temuan yang signifikan," ujar dia.

Misalnya, saat itu Lapangan Minas dan Duri mampu produksi hingga 700.000 bph, Widuri mencapai 200.000 bph, dan sekarang Banyu Urip milik ExxonMobil mampu 200.000 bph. 

"Kami harus temukan minyak sekelas Banyu Urip," ujar dia. 

Meski fokus ke minyak, Pertamina EP sekarang juga sedang mencari cadangan gas, karena 60% pendapatan kini dari gas.

Kontan, Page-14, Thursday, May 31, 2018