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Friday, November 3, 2017

Total EP Make Sure Production Matches Target



Total E & P Indonesie stated that oil and gas production in Mahakam block, East Kalimantan is targeted. The French oil and gas company still maintains production even though its contract expires in two months.

Vice President of Authorization Coordination, Communication and External Affairs Total E & P Indonesie Agus Suprijanto said there are six production fields in Mahakam with total production of 300,000 barrels of oil equivalent per day (boepd).

The production consists of gas of 1,300 million standard cubic feet per day (mmscfd) and liquid, which is condensate and oil of 50,000 barrels oil per day (bopd).

"Now can still meet the target. Still as expected 1,300 mmscfd and liquid 50,000 bopd, "said Agus in Balikpapan, Wednesday (2/11).

Agus revealed that during this year Total has completed drilling in seven wells. He said that in the transition period with PT Pertamina which will manage the Mahakam block, until the beginning of November it has drilled eight wells. The drilling is an investment of Pertamina with a target of 14 wells.

"So until the end of this year there will be 21 production wells in the Mahakam block," he said.

Minister of Energy and Mineral Resources (ESDM) Ignasius Jonan previously said that managing the Mahakam block is becoming a gamble for national companies in running upstream oil and gas business.

The Mahakam Block

"(Block) Mahakam becomes a big gamble Pertamina, if the transfer of this makes the production down drastically, then Pertamina reputation and reputation of our upstream oil and gas will be less positive," he said.

As known, the Government has appointed Pertamina to manage the Mahakam Block, effective as of January 1, 2018. This block was previously managed by Total E & P Indonesie in collaboration with Inpex Japan. The term of the Mahakam block will expire on 31 December 2017.

IN INDONESIA


Total EP Pastikan Produksi Sesuai Target


Total E&P Indonesie menyatakan produksi minyak dan gas bumi di Blok Mahakam, Kalimantan Timur sesuai target. Perusahaan migas asal Prancis itu tetap mempertahankan produksi meski kontraknya berakhir dua bulan lagi.

Vice Presiden Authorization Coordination, Communication and External Affairs Total E&P Indonesie Agus Suprijanto mengatakan ada enam lapangan produksi di Mahakam dengan total produksi mencapai 300.000 barrel oil equivalent per day (boepd).

Produksi itu terdiri atas gas sebesar 1.300 million standard cubic feet per day (mmscfd) dan likuid yakni kondensat dan minyak sebesar 50.000 barrel oil per day (bopd). 

“Sekarang masih bisa penuhi target. Masih sesuai harapan 1.300 mmscfd dan likuid 50.000 bopd,” kata Agus di Balikpapan, Rabu (2/ 11).

Agus mengungkapkan sepanjang tahun ini Total telah menyelesaikan pengeboran di tujuh sumur. Dia menuturkan dalam masa transisi dengan PT Pertamina yang bakal mengelola Blok Mahakam, hingga awal November ini telah dilakukan pengeboran delapan sumur. Pengeboran yang dilakukan itu merupakan investasi Pertamina dengan target 14 sumur. 

“Maka hingga akhir tahun ini akan ada 21 sumur produksi yang berada di Blok Mahakam,” ujarnya.

Menteri Energi dan Sumber Daya Mineral (ESDM) Ignasius Jonan sebelumnya menuturkan alih kelola Blok Mahakam menjadi pertaruhan perusahaan nasional dalam menjalankan bisnis hulu Migas. 

“ (Blok) Mahakam menjadi pertaruhan besar Pertamina, kalau alih kelola ini membuat produksi turun drastis, maka reputasi Pertamina dan reputasi dunia hulu migas kita akan kurang positif,” ujarnya.

Sebagaimana diketahui, Pemerintah telah menujuk Pertamina untuk mengelola Blok Mahakam, efektif per tanggal 1 Januari 2018. Blok ini sebelumnya dikelola oleh Total E&P Indonesie berkolaborasi dengan Inpex Jepang. Masa kontrak Blok Mahakam akan habis pada 31 Desember 2017.

Investor Daily, Page-9, Friday, Nov 3, 2017

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