PT Pertamina EP is committed to increasing oil and gas reserves. The subsidiary of PT Pertamina has just held a Radiatus Madu (RDM) well exploration 1 in the working area of Pertamina EP Asset 1 Pangkalan Susu Field in Lubuk Kasih Village, West Brandan District, Langkat Regency, North Sumatra.
President Director of PT Pertamina EP, Nanang Abdul Manaf, said that the drilling of RDM-1 exploration wells was an attempt to find new oil and gas reserves. With this activity, production from the Pangkalan Susu Field is predicted to rise.
Currently, oil production from Pangkalan Susu Field is around 450 barrels of oil per day (bopd) and is projected to increase to the level of 1,000 bopd in mid-January this year. These estimates are in line with the increase in Batumandi-1 onshore well production volume of 350 bopd. The oil and gas well is in Paya Tusam Village, Wampu District, Langkat.
"In the RUM-1 well drilling, Pertamina EP collaborates with PT Pertamina Drilling Services Indonesia, which is also a Pertamina subsidiary in the upstream sector," Nanang said on the sidelines of the RDM-1 well drilling in Lubuk Kasih, Langkat North Sumatra.
Pertamina EP's management projects that RDM-1 well reserves will reach around 22 million barrels of oil equivalent (mmboe). The capacity projection consists of 10.8 million barrels of oil and 62.8 billion cubic feet of gas (BCFG).
Drilling of RDM-1 exploration wells uses a PDSI N110 / 59 Rig with a power of 1,500 horsepower (HP).
"The total investment for this drilling activity is around the US $ 13 million or equivalent to Rp. 188.5 billion (exchange rate of Rp. 14,500 per US dollar)," Nanang said.
Director of Exploration and Discovery of New Reserves of PT Pertamina EP, Achmad Alfian Husen, said that the exploration drilling of RDM-1 wells was carried out to a depth of 2,125 meters.
Pertamina EP management expects drilling activities to penetrate several reservoir layers of new oil reserves to increase the life cycle of the Pangkalan Susu Field.
"If the results are positive, production activities can be carried out in the next three years, because there must be preparation for POD (the plan of development) and others," Alfian said.
President Director of PT Pertamina Drilling Services Indonesia (PDSI), Budi Nugraha Pangaribuan, explained that his party supports the activities of the wells conducted by PT Pertamina EP with operations other than 24 hours. He stated the drilling equipment was ready 100% and ready to be operated.
"Hopefully the RDM-1 well exploration drilling activities will produce oil and gas reserves that are in line with the projections and expectations of Pertamina EP," he said.
Kontan, Page-14, Thursday, Jan 3, 2019
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