Pages

Friday, December 10, 2010

BP Migas Supports The Acceleration of Oil Exploration Program Pondok Makmur

Pertamina EP discovered new oil and gas reserves. Results of the fifth delineation well test (PDM-5) in the area of Pondok Makmur, Bekasi, managed to produce 3600 barrels of oil per day and 5.7 million cubic feet of gas. The result is a production test wells in the largest openings conducted from 1 January 2010.

This success complements previous success in the area of Pondok Makmur, which has been done put on production (POP), which takes oil production from exploration wells.

Pondok Makmur is a new exploration concept of Pertamina to produce oil from the most basic layer or basement. This concept is now to be evaluated and developed carefully, and be aggressive effort Pertamina EP to acquire new oil and gas reserves that is able to be produced quickly.

Acceleration of drilling program at Pondok Makmur not be separated from the support of BP Migas, which has approved work program and budget (WP & B) prior to fiscal year 2010 run, as well as the cooperation of local government of Bekasi who strongly supports the operation of Pertamina in the region.

PDM-5 wells to reach the final depth of 3450 meters that penetrate bedrock marble or similar to a depth of 2918 meters final. Until now the area of Pondok Makmur has produced three wells, the PDM-1, PDM-2 and PDM-3 through a pattern of POP over a total average oil production of 1900 barrels per day and 5.5 million cubic feet of gas. Production was deliberately maintained at a level not too high to maintain reservoir pressure given the wells are still in the status of exploration wells.

Pertamina EP will also be producing wells PDM-4 which is now in the evaluation stage to present a POP proposal to BP Migas.

In 2010, Pertamina EP aggressively carry out exploration drilling of 26 wells with the target of exploration in various regions and the implementation of the 1345 km2 of seismic surveys are three-dimensional (3 D) and 721 km survey of two-dimensional (2 D). During 2009, Pertamina EP, produced 46.4 million barrels of oil and found 60 million barrels of oil. That is, oil discovery of Pertamina EP exceeds the amount produced.

EP Pertamina's oil production target in 2010 of 128 thousand barrels per day and continue working hard to improve the growth of production in the next year. Although this step is not easy considering the majority of field conditions that have been classified as old and natural production decline rate on average is very large: by 18 percent.

No comments:

Post a Comment