The Special Task Force for Upstream Oil and Gas Business Activities (SKK Migas) is projecting drilling of 200 wells in the Rokan Block to maintain the lifting target next year.
the Rokan Block by Chevron
"In the Rokan Block, we are targeting the drilling of 200 wells by 2021," said SKK Migas Head Dwi Soetjipto.
At present, SKK Migas is still seeking investment certainty from PT Chevron Pacific Indonesia and Pertamina in the transition period over management. According to Dwi, this needs to be done to prevent production cuts when Pertamina enters as Rokan Block manager in August 2021.
Previously, Pertamina revealed that it would drill 44 wells following the management of the Rokan Block in August next year. PT Pertamina Corporate Communication VP Fajriyah Usman explained, with the additional drilling in stages, Pertamina would contribute around 60% to national oil and gas production in 2021.
Fajriyah Usman
"Pertamina is aware of the objective conditions in the Rokan Working Area that are already mature, so it is committed to holding back the pace of production decline," She said.
To support the drilling target, Pertamina made a number of preparations such as the procurement of logistics, rigs, and crew to ensure it could drill directly after the process of management transfer was complete. On the other side, SKK Migas ensured that oil and gas lifting in 2021 will be lower than this year, due to the influence of the corona pandemic (Covid-19).
SKK Migas pegged to oil and gas lifting next year at 1.71 million barrels of oil equivalent per day (boepd), which includes 705,000 barrels of oil per day (bopd) of petroleum and 1.01 million boepd of gas. As of May 2020, the realization of oil and gas lifting reached 1.71 million boepd. This figure is still equivalent to 88.996 of the APBN target of 1.95 million boepd and 99% of the Work Plan & Budget (WP and B) target of 1.80 million boepd.
"It is estimated that by the end of the year lifting will only be 1.70 million boepd," Dwi said.
Kontan, Page-13, Friday, June 19, 2020
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