Oil and Gas Production Soars

Oil and gas production PT Medco E & P Indonesia and Medco E & P Natuna Ltd. rose in the first half of 2017 compared to the same period the previous year. This is partly due to the takeover of one of the oil and gas blocks.

"One of the factors driving the production increase is the takeover of Block B Natuna in November last year," said Senior Manager of Medco Relation & Security E & P Indonesia and Medco E & P Natuna Ltd. Drajat Imam Panjawi to press at media gathering in Bogor, West Java, Saturday / 11).

According to him, oil and gas (oil and gas) production in the first half of 2017 compared to 2016 rose about 24 million barrels of oil equivalent per day (MBOEPD). In the first half of 2017, oil and gas production almost 90 MBOEPD, while in the same period 2016 only 64 MBOEPD.

"A significant increase in production for companies at a time when world oil prices have not improved," he said.

According to Dradjat, as an effort to maintain production, the company continues to improve its operational performance. This year, the company is focusing on completing the Block A Project in Aceh on schedule, revising a number of existing domestic oil and gas inventories, exploring and drilling wells, and underwater development.

All these operating activities, stick to the principle of cost efficiency without subordinating the safety aspect.

"The company also managed to keep production costs per barrel below US $ 10 per barrel of oil equivalent or BOE," he said.

Drajat said that the company under the supervision and guidance of the Oil and Gas Upstream Oil and Gas Upstream Business Unit (SKK) continues to optimize a number of old fields with technological innovations and cost control of field assets, such as Rimau and Lematang Block in South Sumatra and Tarakan Block at East Kalimantan.

The company currently has work areas in eight blocks and spread across five provinces from Aceh to Central Sulawesi.

IN INDONESIA

Produksi Migas Medco Melonjak

Produksi minyak dan gas bumi PT Medco E&P Indonesia dan Medco E&P Natuna Ltd naik pada semester pertama 2017 dibanding periode sama tahun sebelumnya. Hal itu antara lain disebabkan adanya pengambilalihan salah satu blok migas.

“Salah satu yang mendorong kenaikan produksi adalah adanya pengambilalihan Blok B Natuna pada November tahun lalu, “ kata Senior Manager Relation & Security Medco E&P Indonesia dan Medco E&P Natuna Ltd Drajat Imam Panjawi kepada pers saat media gathering di Bogor, Jawa Barat, Sabtu (18/11).

Menurutnya, produksi minyak dan gas bumi (migas) pada semester pertama 2017 dibanding 2016 naik sekitar 24 juta barel setara minyak per hari (MBOEPD). Pada semester pertama 2017, produksi migas perusahaan hampir mencapsi 90 MBOEPD, sementara pada periode sama 2016 hanya mencapsi 64 MBOEPD.

“Sebuah peningkatan produksi yang sangat berarti bagi perusahaan di saat harga minyak dunia yang belum terlalu membaik,” katanya.

Menurut Dradjat, sebagai upaya mempertahankan produksi, perusahaan terus berupaya meningkatkan kinerja operasinya. Tahun ini pihaknya fokus menyelesaikan Proyek Blok A di Aceh sesuai jadwal, mengubah sejumlah penemuan domestik migas yang ada, mengeksplorasi dan mengebor sumur, serta pengembangan bawah laut.

Semua aktivitas operasi itu, tetap berpegang pada prinsip efisiensi biaya tanpa menomorduakan aspek keselamatan.

“Perusahaan juga berhasil mempertahankan biaya produksi per barel di bawah US$10 per barel setara minyak atau BOE,” katanya.

Drajat mengungkapkan, perusahaan di bawah pengawasan dan pembinaan Satuan Kerja Khusus Pelaksana Kegiatan Usaha Hulu Migas (SKK ) Migas juga terus mengoptimalkan sejumlah lapangan tua dengan inovasi teknologi serta pengendalian biaya aset lapangan, seperti di Blok Rimau dan Lematang di Sumatera Selatan, serta Blok Tarakan di Kalimantan Timur. 

Saat ini perusahaan memiliki wilayah kerja di delapan blok dan tersebar di lima provinsi dari Aceh hingga Sulawesi Tengah. 

Media Indonesia, Page-18, Monday, Nov 20, 2017