google.com, pub-9591068673925608, DIRECT, f08c47fec0942fa0 Medco E&P Continues to Work on Increasing Oil and Gas Production - MEDIA MONITORING OIL AND GAS -->

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Wednesday, January 15, 2020

Medco E&P Continues to Work on Increasing Oil and Gas Production



PT Medco E&P Indonesia Continues to strive to boost production. This subsidiary of PT Medco Energi Internasional Tbk (MEDC) increases oil and gas exploration and exploitation activities in all work areas.


PT Medco E&P Indonesia's Vice President Relations & Security, Drajat Panjawi, said that currently he and SKK Migas have managed 14 oil and gas working areas. From that working area, Medco E&P was able to record total production with an average of 86,000 barrels of oil equivalent per day (boepd).

       Drajat said Medco E&P was able to maintain and even increase production in line with the integration of Ophir's operations. In May 2019, the Medco Group officially acquired Ophir Energy Plc, a UK-based energy company.

"This integration can confirm Medco E&P's position as a leading energy company in Southeast Asia," Drajat said.

Medco continues to increase oil and gas production to help sustain national energy security. Currently, Medco is working on two oil and gas production projects which will soon be completed. Both are Temelat projects with a projected production of 10 mmscfd and Buntal-5 with an estimated production of 45 mmscfd. 

     Medco targets the Temelat Field in the South Sumatra Block to produce in December 2019. For the Buntal-5 Field, Medco targets its construction to be completed in the first quarter of 2020.

IN INDONESIA

Medco E&P Terus Berupaya Menggenjct Produksi Migas


PT Medco E&P Indonesia Terus berupaya menggenjot produksi. Anak usaha PT Medco Energi Internasional Tbk (MEDC) ini meningkatkan aktivitas eksplorasi dan eksploitasi minyak dan gas bumi di semua Wilayah kerja. 

Vice President Relations & Security PT Medco E&P Indonesia, Drajat Panjawi, mengungkapkan saat ini pihaknya bersama SKK Migas telah mengelola 14 Wilayah kerja migas. Dari Wilayah kerja itu, Medco E&P mampu mencatatkan total produksi dengan rata-rata sebesar 86.000 barel setara minyak per hari (boepd). 

Drajat bilang, Medco E&P mampu mempertahankan, bahkan meningkatkan produksi seiring dengan terintegrasinya operasi Ophir. Pada Mei 2019, Grup Medco resmi mengakuisisi Ophir Energy Plc, perusahaan energi yang berbasis di Inggris. 

"Integrasi ini dapat menegaskan posisi Medco E&P sebagai perusahaan energi terkemuka di Asia Tenggara," kata Drajat.

Medco terus berupaya meningkatkan produksi migas untuk ikut menopang ketahanan energi nasional. Saat ini, Medco sedang menggarap dua proyek produksi migas yang akan segera rampung. Keduanya adalah proyek Temelat dengan proyeksi produksi 10 mmscfd dan Buntal-5 dengan estimasi produksi 45 mmscfd. 

     Medco menargetkan Lapangan Temelat di Blok South Sumatra bisa berproduksi pada Desember 2019. Untuk Lapangan Buntal-5, Medco menargetkan pembangunannya selesai pada kuartal I 2020.

Kontan, Page-14, Tuesday, Dec 3,  2019

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