PT Pertamina Hulu Indonesia said it needed innovation from oil and gas companies to increase the production of old wells.
Pertamina Hulu Indonesia (PHI) President Director Chalid Said Salim said the company is currently trying to innovate in drilling activities, especially for development wells in regional 3 Kalimantan work areas.
"In 2021, PHI plans to drill five exploration wells and more than 80 development wells," he said.
Meanwhile, PHI and its subsidiaries, namely PT Pertamina Hulu Mahakam, PT Pertamina Hulu Sanga Sanga, PT Pertamina Hulu East Kalimantan, PT Pertamina Hulu Attaka, and PT Pertamina Hulu West Ganal operate the tens of decades-old oil and gas production and operation facilities and fields. years so it requires technological innovation to maintain operating performance and the economy of assets.
During the first quarter of 2021, PHI succeeded in exceeding the gas production target by the realization of 688.8 million standard cubic feet per day (MMscfd) of the target of the Company Budget Work Plan (RKAP) of 649.2 MMscfd or reaching 106.1%. Positive results were also obtained from oil production which reached 49 barrels per day (BPD) or 100.4% of the target.
He continued that currently exploration well drilling is being carried out in the Mahakam working area for the TDE C-1X well, which is one of five exploration wells in PHI's definite commitment.
"The TDE C-1X well is the first area where we hope to find economical reserves to extend the production life of the Mahakam Work Area," he said.
Zone 8 General Manager Agus Amperianto explained the steps taken by PT Pertamina Hulu Mahakam (PHM) in utilizing technological innovations, including in drilling activities in the Mahakam Work Area.
PHM develops innovations in drilling techniques at the Mahakam CA without using a rig (rigless operation) through the use of the hydraulic workover unit (HWU) Drilling EHR-12 for drilling development wells.
Agus added that the use of HWU by PHM has proven successful in supporting drilling activities at a lower cost while still prioritizing operational and production safety so that the company continues to encourage the use of this HWU in all regional work areas 3.
Based on data from SKK Migas up to March 31, 2021, the realization of PHM gas production succeeded in exceeding the target with the realization of 535 MMscfd of the WP&B target of 435 MMscfd or reaching 122.9%. For oil production in the first quarter of 2021, PHM also succeeded in exceeding the target with the realization of 130.3% or the equivalent of 28,317 BPD.
Upstream Subholding Corporate Secretary Whisnu Bahriansyah added that his party would support business units in the upstream oil and gas sector to contribute well to the achievement of national production.
"Upstream sub-holding will continue to support the positive performance of all upstream sub-holding subsidiaries and affiliates to support the country's energy sovereignty.
Bisnis Indonesia, Page-4, Tuesday, May 4, 2021.
Why are we no longer as the main oil exporting country?
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