Medco Oil and Gas Production Approaches 90 Moepd

PT Medco E & P Indonesia and Medco E & P Natuna Ltd. (Medco E & P) scored oil and gas production growth in the first half of 2017.

Senior Manager of Relations & Security at Medco E & P Indonesia and Medco E & P Natuna Ltd. Drajat lman Panjawi said oil and gas production in the first half of 2017 increased by about 24 barrels of oil equivalent per day (mboepd). In the first half of 2017, Medco E & P's oil and gas production reached almost 90 mboepd. While the first half of 2016 only 64 mboepd.

"This is a very significant achievement when the world oil price is not as expected," said Drajat, in a media gathering event on Saturday (18/11).

This year, Medco E & P focuses on completing the Block A project in Nanggroe Aceh Darussalam, on schedule and budget, monetizing existing domestic oil and gas findings, nearfield exploration and well drilling, and underwater development. All operating activities still adhere to the principle of cost efficiency, without addressing the safety aspects.

"We managed to keep production costs below US $ 10 per barrel of oil equivalent," he said.

In addition to Block A, Medco E & P also continues to optimize the old fields with various innovations in oil and gas technology. and cost control of field assets, such as Rimau, South Sumatra and Lematang Blocks in South Stunatra and Tarakan Block in North Kalimantan.

IN INDONESIA

Produksi Migas Medco Dekati 90 Moepd

PT Medco E&P Indonesia dan Medco E&P Natuna Ltd (Medco E&P) mencetak pertumbuhan produksi minyak dan gas bumi (migas) pada semester l-2017. 

Senior Manager Relations & Security Medco E&P Indonesia dan Medco E&P Natuna Ltd Drajat lman Panjawi bilang produksi migas pada semester pertama 2017 dengan 2016 terjadi peningkatan sekitar 24 barel setara minyak per hari atau million barrels oil equivalent per day (mboepd). Pada semester I-2017, produksi migas Medco E&P hampir mencapai 90 mboepd. Sementara semester I-2016 hanya 64 mboepd. 

"lni pencapaian yang sangat berarti di saat harga minyak dunia belum sesuai harapan," ujar Drajat, dalam acara media gathering, Sabtu (18/11).

Tahun ini, Medco E&P fokus menyelesaikan proyek Blok A di Nanggroe Aceh Darussalam, sesuai jadwal dan anggaran, memonetisasi penemuan-penemuan domestik migas yang ada, eksplorasi nearfield dan pengeboran sumur, serta pengembangan bawah laut. Semua aktivitas operasi tetap berpegang pada prinsip efisiensi biaya, tanpa menomor duakan aspek keselamatan. 

"Kami berhasil mempertahankan biaya produksi di bawah US$ 10 per barel setara minyak," kata dia.

Selain di Blok A, Medco E&P juga juga terus mengoptimalisasi lapangan-lapangan tua dengan berbagai inovasi di bidang teknologi migas. serta pengendalian biaya aset lapangan, seperti di Blok Rimau, South Sumatra, dan Lematang di Stunatra Selatan, serta Blok Tarakan di Kalimantan Utara.

Kontan, Page-14, Monday, Nov 20, 2017