Four New Oil and Gas Fields, East Java to be Oil and Gas Fields

SKK Migas expects that four large upstream oil and gas sector projects in the Java, Bali and Nusa Tenggara (Jabanusa) regions will be completed on schedule. Thus, the four projects can immediately support the national oil and gas lifting target. Also able to restore East Java (East Java) as oil and gas fields in Indonesia.

ExxonMobil Cepu Ltd (EMCL) Field

Head of SKK Migas Jabanusa Nur Wahidi said that the four upstream oil and gas strategic projects were in Bojonegoro and Madura. Exactly, the Kedung Keris project, Bojonegoro, operated by ExxonMobil Cepu Ltd (EMCL), the Jambaran Tiung Biru project in Bojonegoro with the Pertamina EP Cepu (PEPC) operator, the Bukit Tua Phase 3 project in Sampang, which was carried out by Petronas Carigali Ketapang II Ltd, and the TSB project in Bojonegoro with the Pertamina EP Cepu (PEPC) operator, the Bukit Tua Phase 3 project in Sampang, which was carried out by Petronas Carigali Ketapang II Ltd. Phase 2 in Sumenep with operator Kangean Energi Indonesia (KEI).

Petronas

"Completion of the project on schedule has a positive effect on achieving the lifting target set by the government," Nur said during the Media Workshop on Period III SKK Migas Jabanusa-KKKS with the leaders of the East Java and Central Java mass media.

the Jambaran Tiung Biru project

Until now, the work on the Jambaran Tiung Biru project has reached 37.72 percent. The target is that in June 2021 the project will be finished and can start production.

"From this project, the maximum target for gas sales can increase 10 percent nationally or equivalent to 192 million cubic feet per day," he explained.

Komaidi Reforminer Executive Director added that upstream oil and gas investment requires 73 supporting sectors and 45 user sectors. A total of 73 supporting sectors were able to contribute 55.99 percent of GDP. Meanwhile, the workforce that can be employed reaches 61.53 percent.

IN INDONESIA

Empat Ladang Migas Baru, Jawa Timur menjadi Ladang Minyak dan Gas

SKK Migas mengharapkan empat proyek besar sektor hulu migas di kawasan  Jawa, Bali, dan Nusa Tenggara (Jabanusa) selesai sesuai dengan jadwal. Dengan demikian, empat proyek tersebut bisa segera mendukung target capaian lifting migas nasional. Juga mampu mengembalikan Jawa Timur (Jatim) sebagai ladang migas di Indonesia. 

Kepala SKK Migas Jabanusa Nur Wahidi mengatakan bahwa keempat proyek strategis hulu migas itu berada di Bojonegoro dan Madura. Tepatnya, proyek Kedung Keris, Bojonegoro, yang dioperatori ExxonMobil Cepu Ltd (EMCL), proyek Jambaran Tiung Biru di Bojonegoro dengan operator Pertamina EP Cepu (PEPC), proyek Bukit Tua Phase 3 di Sampang yang dikerjakan Petronas Carigali Ketapang II Ltd, dan proyek TSB Phase 2 di Sumenep dengan operator Kangean Energi Indonesia (KEI).

"Selesainya proyek sesuai jadwal berpengaruh positif terhadap pencapaian target lifting yang telah ditetapkan pemerintah," ujar Nur saat Lokakarya Media Periode III SKK Migas Jabanusa-KKKS dengan para pemimpin media massa Jawa Timur dan Jawa Tengah.

Hingga saat ini, pengerjaan proyek Jambaran Tiung Biru mencapai 37,72 persen. Targetnya, Juni 2021 proyek tersebut sudah selasai dan bisa mulai berproduksi. 

"Dari proyek ini, target maksimum sales gas bisa meningkat 10 persen secara nasional atau setara 192 juta kaki kubik per hari,” terangnya.

Direktur Eksekutif Reforminer Institute Komaidi menambahkan bahwa investasi hulu migas membutuhkan 73 sektor pendukung dan 45 sektor pengguna.

Sebanyak 73 sektor pendukung itu mampu berkontribusi 55,99 persen terhadap PDB. Sementara itu,  tenaga kerja yang bisa dipekerjakan mencapai 61,53 persen.

Jawa Pos, Page-6, Saturday, Nov 23, 2019

PHE Continues to Ensure the Smooth Operation of Oil and Gas in NSB

PT Pertamina Hulu Energi (PHE) through its subsidiary PT Pertamina Hulu Energi NSB (PHE NSB) ensures the smooth operation of Block B North Aceh during the contract extension period for one year.

Block B North Aceh

"In this period of extension, of course PHE NSB will continue to ensure smooth operations in Block" B ", while continuing to maintain production in accordance with the target in order to support the national oil and gas needs," said PHE Managing Director Meidawati in Jakarta.

Block B North Aceh

Previously, PHE obtained temporary management rights of Block "B" in North Aceh from the Government for one year from 18 November 2019. The decision on the extension referred to the Ministry of Energy and Mineral Resources Letter No. 512/13 / MEM.M / 2019 dated November 15, 2019 Regarding Regional Temporary Management Work "B" after 17 November 2019.

PHE President Director Meidawati explained that the "B" Block Contract had expired on October 3, 2018. Then there were two extensions with a period of 6 months and one extension with a period of 45 days until ending November 17, 2019. The Aceh Regional Government through the Aceh Oil and Gas Management Agency (BPMA) proposes the management of the "B" Block by using a Cost Recovery contract scheme in accordance with Government Regulation Number 23 of 2015 concerning Joint Management of Upstream Oil and Gas Aceh, while the Government is guided by Ministerial Regulation Number 8/2017 and Ministerial Regulation Number 52/2017 which states the scheme Gross Split contract.

"The Central Government through the Ministry of Energy and Mineral Resources will certainly decide the best for the management of this" B "Block going forward, PHE is in a position to wait while carrying out the best operations possible," Meidawati said.

While the contract extension period of 1 year will be used as well as possible between the two parties to work together to wait for the next government decision regarding the management of Block B.

IN INDONESIA

PHE Terus Pastikan Kelancaran Operasi Migas di NSB

PT Pertamina Hulu Energi (PHE) melalui anak usahanya PT Pertamina Hulu Energi NSB (PHE NSB) memastikan kelancaran operasi di Blok B Aceh Utara dalam masa perpanjangan kontrak selama satu tahun. 

“Dalam masa perpajangan ini, tentu PHE NSB akan tetap memastikan kelancaran operasi di Blok “B”, juga tetap berupaya menjaga produksi sesuai dengan target dalam rangka menunjang kebutuhan migas nasional,” ujar Direktur Utama PHE Meidawati di Jakarta.

Sebelumnya, PHE mendapatkan hak pengelolaan sementara Blok “B” di Aceh Utara dari Pemerintah selama satu tahun terhitung 18 November 2019. Putusan perpanjangan tersebut mengacu pada surat kementrian ESDM Nomor 512/13/MEM.M/2019 tanggal 15 November 2019 Perihal Pengelolaan Sementara Wilayah Kerja “B” pasca 17 November 2019.

Direktur Utama PHE Meidawati menjelaskan Kontrak Blok “B” telah habis masa berlakunya pada 3 Oktober 2018. Lalu dilakukan dua kali perpanjangan dengan periode 6 bulan dan satu kali perpanjangan dengan periode 45 hari hingga berakhir 17 November 2019. Pemerintah Daerah Aceh melalui Badan Pengelola Migas Aceh (BPMA) mengusulkan pengelolaan Blok “B” dengan menggunakan skema kontrak Cost Recovery sesuai dengan Peraturan Pemerintah Nomor 23 tahun 2015 tentang Pengelolaan Bersama Hulu Migas Aceh, sementara Pemerintah berpedoman kepada Peraturan Menteri Nomor 8/2017 dan Peraturan Menteri Nomor 52/2017 yang menyatakan skema kontrak Gross Split.

“Pemerintah Pusat melalui kementerian ESDM tentu akan memutuskan yang terbaik untuk pengelolaan Blok “B” ini kedepan, PHE dalam posisi menunggu sambil menjalankan operasi sebaik mungkin,” kata Meidawati. 

Sambil berlangsung perpanjangan masa kontrak 1 tahun akan digunakan sebaik-baiknya antara kedua belah pihak untuk bersinergi sampai menunggu keputusan pemerintah selanjutnya mengenai pengelolaan Blok B.

Investor Daily, Page-9, Saturday, Nov 23, 2019

KrisEnergy Departs from the Andaman II Block

KrisEnergy Ltd sold all of its shares in the Andaman II Block by 30% to BP Exploration Operating Company Limited. KrisEnergy together with partners won the Andaman II Block at the 2017 oil and gas block auction.

BP Exploration Operating Company Limited

In its official statement, KrisEnergy states, it has signed a conditional sale and purchase agreement with BP Exploration Operating Company Limited for the sale of its shares in the Andaman II Block. The buying and selling of participatory interests (PIs) is still awaiting approval, including from the Government of Indonesia.

"The sale of these assets has taken into account the future exploration costs and risks associated with deep sea activities. The board of directors believes that it is prudent to allocate limited KrisEnergy capital to fund short-term development, "it said in its official statement.

However, KrisEnergy revealed, there is no certainty or guarantee that the release of this asset will be completed. In the Andaman II Block, KrisEnergy is only a 30% PI holder, not an operator. BP Indonesia Head of Country Moektianto Soeryowibowo confirmed that his party has signed an agreement with KrisEnergy.

"The transfer of participating interests is still awaiting several approvals, including from the Indonesian government," he said.

Deputy for Operations of the Special Task Force for Upstream Oil and Gas Business Activities (SKK Migas) Julius Wiratno admitted that he did not yet know about the KrisEnergy corporate action in releasing its share ownership in the Andaman II Block. But he said, the transfer of shares could affect exploration activities in the block.

"Maybe it can also influence [exploration activities]," said Julius.

The Andaman II Block was won by the Consortium of Premiere Oil Far East Ltd, Kris Energy (Andaman II) BV, and Mubadala Petroleum (Andaman II JSA) Ltd in 2017. Furthermore, this block of production sharing contract (PSC) was just signed last year with a gross split scheme.

Mubadala Petroleum

The share ownership in the oil and gas block is 40% Premiere Oil, 30% Mubadala Petroleum, and 30% KrisEnergy. The Consortium of Premier Oil Far East Ltd, KrisEnergy (Andaman II) BV, and Mubadala Petroleum (Andaman II JSA) Ltd promised a definite commitment for the first three years of G&G and 3D seismic activities totaling 1,850 square kilometers (km2) worth US $ 7.55 million. While the signature bonus given is US $ 1 million.

IN INDONESIA

KrisEnergy Hengkang dari Blok Andaman II

KrisEnergy Ltd menjual seluruh sahamnya di Blok Andaman II sebesar 30% kepada BP Exploration Operating Company Limited. KrisEnergy bersama mitra memenangkan Blok Andaman II ini pada lelang blok migas 2017 lalu. 

Dalam keterangan resminya, KrisEnergy menyatakan, telah menandatangani perjanjian jual beli bersyarat (conditional sale and purchase agreement) dengan BP Exploration Operating Company Limited untuk penjualan sahamnya di Blok Andaman II tersebut. Jual beli bagian partisipasi (participating interest/PI) ini masih menunggu persetujuan persetujuan, termasuk dari Pemerintah Indonesia.

“Penjualan aset ini telah mempertimbangkan biaya eksplorasi di masa mendatang dan risiko-risiko terkait kegiatan di laut dalam. Jajaran direksi percaya bahwa lebih bijaksana mengalokasikan modal KrisEnergy yang terbatas untuk mendanai pengembangan jangka pendek,” demikian tertulis dalam keterangan resminya.

Meski demikian, KrisEnergy mengungkapkan, tidak ada kepastian ataupun jaminan pelepasan aset ini akan diselesaikan. Di Blok Andaman II, KrisEnergy hanya sebagai pemegang PI dengan besaran 30%, bukan operator. Head of Country BP Indonesia Moektianto Soeryowibowo membenarkan bahwa pihaknya

telah menandatangani perjanjian dengan KrisEnergy. 

“Pengalihan participating interest masih menunggu beberapa persetujuan, termasuk dari pemerintah Indonesia,” tuturnya.

Deputi Operasi Satuan Kerja Khusus Pelaksana Kegiatan Usaha Hulu Minyak dan Gas Bumi (SKK Migas) Julius Wiratno mengakui belum mengetahui soal aksi korporasi KrisEnergy melepas kepemilikan sahamnya di Blok Andaman II. Namun dikatakanya, pengalihan saham ini bisa berpengaruh pada kegiatan eksplorasi di blok tersebut. 

“Mungkin bisa berpengaruh juga [kegiatan eksplorasi],” kata Julius.

Blok Andaman II dimenangkan oleh Konsorsium Premiere Oil Far East Ltd, Kris Energy (Andaman II) BV, dan Mubadala Petroleum (Andaman II JSA) Ltd pada 2017 lalu. Selanjutnya, kontrak kerja sama (production sharing contract/PSC) blok ini baru diteken pada tahun lalu dengan skema bagi hasil kotor (gross split).

Kepemilikan saham di blok migas ini yakni Premiere Oil 40%, Mubadala Petroleum 30%, dan KrisEnergy 30%. Konsorsium Premier Oil Far East Ltd, KrisEnergy (Andaman II) BV, dan Mubadala Petroleum (Andaman II JSA) Ltd menjanjikan komitmen pasti tiga tahun pertama berupa kegiatan G&G dan seismik 3D seluas 1.850 kilometer persegi (km2) senilai US$ 7,55 juta. Sementara bonus tanda tangan yang diberikan US$ 1 juta.

Investor Daily, Page-9, Friday, Nov 22, 2019

Four Upstream Oil and Gas Strategic Projects in Jabanusa

A total of four (4) major upstream oil and gas sector projects in the SKK areas of Java, Bali and Nusa Tenggara (Jabanusa) are expected to be completed according to the specified schedule. Because the four projects strongly support the achievement of oil and gas lifting targets nationally. 

     The four upstream oil and gas strategic projects are the Kedung Keris project in Bojonegoro Regency, East Java Province with the operator ExxonMobil Cepu Ltd (EMCL), the Jambaran Tiung Biru project in Bojonegoro Regency with the Pertamina EP Cepu (PEPC) operator, the Bukit Tua Phase 3 project operated by Petronas Carigali Ketapang II Ltd in Sampang Regency, East Java Province, and finally the Phase 2 TSB project with Kangean Energi Indonesia operator in Sumenep Regency, East Java Province.

Petronas

This was said by the Head of SKK Migas Jabanusa, Nur Wahidi during the media workshop activities of Period III SKK Migas Jabanusa-KKKS with mass media leaders from East Java and Central Java, Tuesday (19 / Nov / 2019).

"We expect the four projects to be completed on schedule. Because, the completion of the project on schedule has a positive effect on achieving the lifting target set by the government, "he said.

In the workshop III of SKK Migas Jabanusa with the leaders of the mass media in Bali, a number of speakers appeared to provide material. Among them, Chairperson of the Central Advisory Board of PWI Margiono, Heri Susanto (Director of Research & Data, Katadata), Komaidi Notonegoro (Executive Director of the ReforMiner Institute), and Nur Wahidi (Head of SKK Migas Representative Jabanusa).

In the context of achieving project targets according to schedule, according to Nur Wahidi, constructive support from all stakeholders is highly expected, both local governments, community leaders, mass media, and society at large.

"I also say many thanks for the support of the mass media to SKK Migas so far. Only one percent of negative news about upstream oil and gas in Jabanusa during 2019, "he said.

Specifically for the Jarmbaran Tiung Biru project, Nur Wahidi explained, the overall project progress reached 37.72 percent. Where is the progress for project engineering work with 80.72 percent, procurement with 40.36 percent, and construction with 14.49 percent. It is targeted that in June 2021 the Jambaran Tiung Biru project will be completed and start production.

From this project, the maximum target for gas sales is to increase 10 percent nationally or equivalent to 192 million cubic feet per day. During this time, as many as 15 cooperation contract contractors (KKKS) in the Jabanusa SKK Migas area are currently carrying out oil and gas exploitation. In addition, there are 6 KKKS carrying out exploration activities. Jabanusa's position in national oil and gas lifting is very important and becomes a backbone.

2018 data shows that the realization of oil lifting from Jabanusa amounted to 253,822 thousand barrels per day or reached 102.60 percent of the target. While the gas lifting target is 753.2 million cubic feet per day. In 2019, the oil lifting target from Jabanusa is 258,169 thousand barrels per day and until 2019 it will reach 100.87 percent of the target.

The target for lifting gas from Jabanusa is set at 731.3 million cubic feet per day. Support from all parties is needed by SKK Migas Jabanusa in this context, Nur Wahidi stressed, because until now from monitoring related to permits and land issues in Jabanusa, there are a number of problems that must be resolved immediately. 13 non-technical licensing issues, 77 explosive licensing issues, 5 land acquisition issues, and 3 forest area lease-to-use permits issues.

 "SKK Migas and KKKS work in the interests of the country, especially in the context of fulfilling national energy and state revenues," he warned.

IN INDONESIA

Empat Proyek Strategis Hulu Migas di Jabanusa

Sebanyak empat (4) proyek besar sektor hulu minyak dan gas di kawasan SKK Jawa, Bali, dan Nusa Tenggara (Jabanusa) diharapkan selesai sesuai jadwal yang ditetapkan. Sebab, keempat proyek sangat mendukung target capaian lifting minyak dan gas secara nasional. 

      Empat proyek strategis hulu migas itu adalah proyek Kedung Keris di Kabupaten Bojonegoro, Propinsi Jawa Timur dengan operator ExxonMobil Cepu Ltd, proyek Jambaran Tiung Biru di Kabupaten Bojonegoro dengan operator Pertamina EP Cepu (PEPC), proyek Bukit Tua Phase 3 yang dioperatori Petronas Carigali Ketapang II Ltd di Kabupaten Sampang, Propinsi Jawa Timur, dan terakhir proyek TSB Phase 2 dengan operator Kangean Energi Indonesia di Kabupaten Sumenep, Propinsi Jawa Timur. 

Hal tersebut dikatakan Kepala SKK Migas Jabanusa, Nur Wahidi pada kegiatan lokakarya Media Periode III SKK Migas Jabanusa-KKKS dengan pimpinan media massa dari Jatim dan Jateng, Selasa (19/Nov/2019). 

“Kita harapkan ke-empat proyek tersebut selesai on schedule. Sebab, selesainya proyek sesuai jadwal berpengaruh positif terhadap pencapaian target lifting yang telah ditetapkan pemerintah,” ujarnya. 

Pada kegiatan lokakarya III SKK Migas Jabanusa dengan pimpinan media massa di Bali, sejumlah narasumber tampil memberikan materi. Di antaranya, Ketua Dewan Penasihat PWI Pusat Margiono, Heri Susanto (Direktur Riset & Data, Katadata), Komaidi Notonegoro (Direktur Eksekutif ReforMiner Institute), dan Nur Wahidi (Kepala SKK Migas Perwakilan Jabanusa). 

Dalam konteks capaian target proyek sesuai jadwal, menurut Nur Wahidi, dukungan konstruktif dari semua stakeholder sangat diharapkan, baik pemerintah daerah, tokoh masyarakat, media massa, dan masyarakat secara luas. 

“Saya juga sampaikan banyak terima kasih atas dukungan media massa kepada SKK Migas selama ini. Hanya satu persen berita negatif tentang hulu migas di Jabanusa sepanjang 2019,” katanya. 

Khusus untuk proyek Jarmbaran Tiung Biru, Nur Wahidi menjelaskan, progress proyek secara keseluruhan mencapai 37,72 persen. Di mana progress untuk pekerjaan engineering proyek dengan 80,72 persen, procurement dengan 40,36 persen, dan construction dengan 14,49 persen. Ditargetkan pada Juni 2021 mendatang, proyek Jambaran Tiung Biru selasai dan mulai berproduksi. 

Dari proyek ini, target maksimum sales gas meningkat 10 persen secara nasional atau setara 192 juta kaki kubik per hari. Selama ini, sebanyak 15 kontraktor kontrak kerja sama (KKKS) di kawasan SKK Migas Jabanusa yang sedang menjalankan eksploitasi migas. Selain itu, ada 6 KKKS menjalankan aktifitas eksplorasi. Posisi Jabanusa dalam lifting migas nasional sangat penting dan menjadi backbone. 

Data 2018 menunjukkan, realisasi lifting minyak dari Jabanusa sebesar 253,822 ribu barel per hari atau mencapai 102,60 persen dari target. Sedangkan target lifting gas sebesar 753,2 juta kaki kubik per hari. Di tahun 2019, target lifting minyak dari Jabanusa sebesar 258,169 ribu barel per hari dan hingga berakhir tahun 2019 tercapai 100,87 persen dari target. 

Untuk target lifting gas dari Jabanusa ditetapkan sebesar 731,3 juta kaki kubik per hari. Dukungan dari semua pihak itu sangat  dibutuhkan SKK Migas Jabanusa dalam konteks ini, tegas Nur Wahidi, karena sampai sekarang dari monitoring terkait perizinan dan pertanahan di Jabanusa, ada sejumlah masalah yang harus segera diselesaikan. Masalah perizinan nonteknis sebanyak 13, masalah perizinan bahan peledak sebanyak 77, masalah pengadaan tanah sebanyak 5, dan masalah izin pinjam pakai kawasan hutan sebanyak 3.

 “SKK Migas dan KKKS bekerja untuk kepentingan negara, terutama dalam rangka pemenuhan energi nasional dan pendapatan negara,” katanya mengingatkan.

Duta Masyarakat, Page-16, Thursday, Nov 21, 2019

KrisEnergy Release of Andaman Ownership ll

KrisEnergy Ltd agreed to release its 30% participating interest (PI) in the Andaman II Block to British Petroleum (BP). In an official statement, KrisEnergy's management announced that it signed a conditional sale and purchase agreement with BP Explorating Operating Company Limited.

BP Explorating Operating Company Limited

Currently the process of buying and selling participating rights in the Andaman II block is still awaiting approval from the Indonesian government. The Singapore-based oil and gas company released the Pl after considering the exploration costs and risks of marine oil and gas operations. By doing so, the Board of Directors considers it wise for KrisEnergy to allocate limited capital for short-term development. Krisenergy hasn't confirmed when the Pl release will be completed.

Based on this business agreement, the Special Task Force for Upstream Oil and Gas Business Activities (SKK Migas) has not commented much. Head of SKK Migas Program and Communication Division Wisnu Prabawa Taher said that his party had not received an official notification from KKKS related to the planned release of the Pl.

"There is no formal information," he said.

The Andaman II Block is a new block auctioned by the government in 2017 using a gross profit sharing scheme. The new contract was signed in early 2018 which was won by the Andaman II block management consortium namely Premiere Oil Far East Ltd as operator, KrisEnergy Ltd, and Mubadala Petroleum. Based on ESDM Ministry data, the Andaman Il block has the potential to store reserves of 844.14 billion Cubic feet / BCF gas and oil 196.53 million barrels of oil / MMbo.

The first 3-year commitment must be fulfilled by the consortium in the form of G&G and elementary school seismic activities covering an area of ​​1,850 square kilometers (km2) worth US $ 7.55 million. In accordance with Government Regulation No. 53 of 2017 which regulates tax treatment for upstream oil and gas business activities with a gross split PSC, the contractor will get indirect tax incentives.

IN INDONESIA

KrisEnergy Lepas Kepemilikan Andaman ll

KrisEnergy Ltd sepakat untuk melepas hak partisipasi atau participating interest (PI) 30% yang dimilikinya di Blok Andaman ll kepada British Petroleum (BP).

    Dalam keterangan resmi, manajemen KrisEnergy mengumumkan bahwa pihaknya mendatangani perjanjian jual beli bersyarat dengan BP Explorating Operating Company Limited. 

Saat ini proses jual beli bagian  partisipasi blok Andaman II tersebut masih menunggu persetujuan pemerintah Indonesia. Perusahaan migas yang berbasis di Singapura tersebut melepas Pl setelah mempertimbangkan biaya eksplorasi serta risiko operasi migas laut. Dengan begitu, Dewan Direksi menganggap akan lebih bijaksana bagi KrisEnergy untung mengalokasikan modal terbatasnya untuk pembangunan jangka pendek. Krisenergy belum memastikan kapan pelepasan Pl akan selesai. 

Atas kesepakatan bisnis ini, Satuan Kerja Khusus Pelaksana Kegiatan Usaha Hulu Minyak dan Gas Bumi (SKK Migas) belum banyak berkomentar. Kepala Divisi Program dan Komunikasi SKK Migas Wisnu Prabawa Taher mengatakan pihaknya belum menerima pemberitahuan resmi dari KKKS terkait dengan rencana pelepasan Pl tersebut. 

“Belum ada informasi formal,” katanya.

Blok Andaman II merupakan blok baru yang dilelang pemerintah pada 2017 dengan menggunakan skema bagi hasil kotor atau gross split. Penandatanganan kontraknya baru dilakukan pada awal 2018 yang dimenangkan oleh konsorsium kelola blok Andaman II yakni Premiere Oil Far East Ltd sebagai operator, KrisEnergy Ltd, serta Mubadala Petroleum. Berdasarkan Data Kementerian ESDM, blok Andaman Il berpotensi menyimpan cadangan sebesar 844,14 billion Cubic feet/BCF gas dan minyak 196,53 juta barel minyak/MMbo. 

Adapun komitmen pasti 3 tahun pertama yang harus dipenuhi oleh konsorsium berupa kegiatan G&G dan seismik SD seluas 1.850 kilometer persegi (km2) senilai US$ 7,55 juta. Sesuai dengan Peraturan Pemerintah Nomor 53 Tahun 2017 yang mengatur perlakuan perpajakan pada kegiatan usaha hulu migas dengan PSC gross split, kontraktor akan mendapatkan insentif pajak tidak langsung.

Bisnis Indonesia, Page-24, Thursday, Nov 21, 2019

Pertamina's oil and gas production target misses

PT Pertamina (Persero) projects oil and gas production to be in the range of 910,000 barrels of oil equivalent per day (mboed) at the end of the year or lower compared to the company's initial target of 922,000 boepd. Pertamina Upstream Director Dharmawan H. Samsu said Pertamina recorded oil and gas production of 894,000 boepd as of September 2019 or 97% of the target set.

The oil and gas production achievements consisted of 410,000 barrels of oil per day (bpd) and 2,806 million cubic feet per day (mmscfd) of gas. This performance due to obstacles in the operations of subsidiaries on the upstream side. For example, the compressor is not optimal at Pertamina International EP Algeria Asset Algeria and the condition of high ambient temperature. In addition, Pertamina Hulu Indonesia experienced a decrease in constraints due to the performance of new wells and well intervention work that was not yet optimal.

"Pertamina will continue to make efforts to achieve the target even though there are upstream subsidiaries who have not yet achieved the oil and gas production target," he said.

According to him, Pertamina's oil and gas production until the end of the year is estimated to be around 910,000 boepd.

"The 910,000 boepd target is specifically 414,000 bpd and 2,928 mmscfd of gas," Dharmawan added.

Annually, Pertamina's oil and gas production performance is also corrected. The company's oil and gas production reached 911,000 boepd as of September 2018. For gas production, the decline was recorded to be very drastic, gas production reached 3,059 mmscfd in the third quarter of 2018. It's just that Pertamina's oil production recorded an increase compared to the same period last year 383,000 bpd.

If we refer to last year's production performance, this year's production projection will grow 18.48% with a target of 910,000 boepd. Over the past year, Pertamina's oil and gas production was recorded at 768,000 boepd, with a contribution of 291,000 bpd of oil and 2,763 mmscfd of gas. The realization of Pertamina's oil and gas production last year also increased significantly compared to the 2017 performance of 542,000 boepd with the realization of 238,000 bpd of oil production and 1,760 mmscfd of oil.

For the 2020 production target, Dharmawan projects that oil and gas production will reach 923,000 boepd. At present, through its upstream subsidiary which manages the majority of fields that have been in production for a long time and belongs to the category of mature fields with a natural decline rate of 50%.

According to him, holding back the rate of natural decline is a major challenge that has been managed well. This is evidenced by the ability of these fields to survive to produce at an aggregate depletion rate that is much lower, even close to 0%.

"Oil and gas is non-renewable energy, and all fields will surely face a rate of decline in natural production," he said.

Furthermore, in 2021, Pertamina is targeting production in the range of 1 million boepd and is targeted to continue to increase in the following years. Currently, Pertamina is also working on 98 projects through a number of subsidiaries. In detail, 47 projects were carried out by PT Pertamina EP, 29 projects by PT Pertamina Hulu Energi (PHE), 19 projects by PT Pertamina Hulu Indonesia (PHI), 2 projects by PT Pertamina EP Cepu (PEPC), and 1 project by PT Pertamina EP Cepu ADK.

IN INDONESIA

Target Produksi Migas Pertamina Meleset

PT Pertamina (Persero) memproyeksikan produksi minyak dan gas bumi akan berada di kisaran 910.000 barel setara minyak per hari (mboed) pada akhir tahun atau lebih rendah dibandingkan dengan target awal perusahaan yang sebanyak 922.000 boepd. Direktur Hulu Pertamina Dharmawan H. Samsu mengatakan Pertamina mencatat produksi minyak dan gas bumi sebesar 894.000 boepd per September 2019 atau 97% dari target yang ditetapkan. 

Capaian produksi migas tersebut terdiri atas minyak 410.000 barel per hari (bph) dan gas 2.806 juta kaki kubik per hari (mmscfd). Kinerja ini  disebabkan adanya kendala dalam operasional anak usaha di sisi hulu. Misalnya saja, belum optimalnya kompresor di Pertamina Internasional EP Asset Algeria dan adanya kondisi high ambient temperature. Selain itu, Pertamina Hulu Indonesia mengalami penurunan kendala karena performa sumur baru dan pekerjaan well intervention yang belum optimal. 

“Pertamina akan terus melakukan upaya untuk mencapai target Walaupun ada anak usaha hulu yang belum mencapai  target produksi migas,” tuturnya.

Menurutnya, produksi migas Pertamina hingga akhir tahun nanti diperkirakan sekitar 910.000  boepd. 

“Target 910.000 boepd ini rincinya inyak 414.000 bph dan gas 2.928 mmscfd,” Dharmawan menambahkan. 

Secara tahunan, kinerja produksi migas  Pertamina juga terkoreksi. Produksi migas perseroan mencapai 911.000 boepd per September 2018. Untuk produksi gas, penurunannya tercatat sangat drastis,  produksi gas sampai mencapai 3.059 mmscfd pada kuartal III/2018. Hanya saja, produksi minyak Pertamina tercatat naik dibandingkan dengan periode yang sama tahun lalu 383.000 bph. 

Jika merujuk kinerja produksi tahun lalu, proyeksi produksi tahun ini tumbuh 18,48% dengan target 910.000 boepd. Sepanjang tahun lalu, produksi migas Pertamina tercatat 768.000 boepd, dengan kontribusi minyak 291.000 bph dan gas 2.763 mmscfd. Realisasi produksi migas Pertamina tahun lalu juga meningkat signifikan dibandingkan dengan kinerja 2017 sebesar 542.000 boepd dengan realisasi produksi minyak 238.000 bph dan gas 1.760 mmscfd. 

Untuk target produksi 2020, Dharmawan memproyeksikan produksi migas perseron mencapai 923.000 boepd. Saat ini, melalui anak usaha sektor hulu yang mengelola lapangan yang mayoritas sudah berproduksi sejak lama dan termasuk kategori mature fields dengan angka laju penurunan alamiahnya mencapai 50 %. 

Menurutnya, menahan laju penurunan alamiah merupakan tantangan utama yang berhasil dikelola dengan baik. Hal ini dibuktikan dengan kemampuan lapangan-lapangan tersebut bertahan untuk berproduksi dengan laju pengurasan secara agregat yang jauh lebih rendah bahkan mendekati 0%. 

“Migas adalah energi yang tidak terbarukan, dan semua lapangan pasti akan menghadapi laju penurunan produksi alamiah,” katanya.

Selanjutnya, pada 2021, Pertamina menargetkan produksi di kisaran 1 juta boepd dan ditargetkan akan seterusnya naik di tahun-tahun berikutnya. Saat ini, Pertamina juga sedang mengerjakan 98 proyek melalui sejumlah anak usahanya. Perinciannya, 47 proyek dikerjakan oleh PT Pertamina EP, 29 proyek oleh PT Pertamina Hulu Energi (PHE), 19 proyek oleh PT Pertamina Hulu Indonesia (PHI), 2 proyek oleh PT Pertamina EP Cepu (PEPC), dan 1 proyek oleh PT Pertamina EP Cepu ADK.

Bisnis Indonesia, Page-24, Thursday, Nov 21, 2019

Pertamina EP Geochemical Survey in Matindok Block

The Center for Marine Geology Research and Development (P3GL) of the Ministry of Energy and Mineral Resources along with PT Pertamina EP conducted a Microseapage Geochemical Survey Offshore in the Matindok Block, Central Sulawesi, which began mid-October. This activity will last for three months starting from the preparation of the geophysical acquisition and sampling of the geochemical analysis until the end of December 2019.

the Matindok Block

The Head of the Ministry of Energy and Mineral Resources, Communication and Public Information (KLIK) of the Ministry of Energy and Mineral Resources, Agung Pribadi, said that the survey was motivated by Pertamina EP's efforts to increase international reserves to ensure the sustainability of the upstream oil and gas industry.

"One of the great potentials is the potential of oil and gas resources in the Matindok offshore area, which includes the prospect area of ​​Bubalus, Kudu-kudu and Kepe-kepa," he said.

The survey activity is to anticipate the high risk of drilling and high costs, related to the alleged existence of potential hydrocarbons in the Matindok Beach area, especially source rock in the offshore area. The Ministry of Energy and Mineral Resources and Pertamina EP conducted this survey to prove the existence of alternative source rock in addition to the Batui Trust Kitchen, and reduce the risk of deep sea drilling operations. The Donggi-Matindok Oil and Gas Field has an important role in supporting the production of Indonesia's liquefied natural gas (LNG).

IN INDONESIA

Pertamina EP Survei Geokimia di Blok Matindok

Pusat Penelitian dan Pengembangan Geologi Kelautan (P3GL) Kementerian ESDM bersama PT Pertamina EP melaksanakan Survei Geokimia Microseapage

Offshore di Blok Matindok, Sulawesi Tengah, yang bermulai pertengahan Oktober lalu. Kegiatan ini akan berlangsung selama tiga bulan mulai dari persiapan akuisisi geofisika dan pengainbilan sampel untuk analisis geokimia hingga akhir Desember 2019. 

Kepala Biro Komunikasi, Layanan Informasi Publik dan, Kerja Sama (KLIK) Kementerian ESDM, Agung Pribadi, mengatakan Survei ini dilatarbelakangi upaya Pertamina EP meningkatkan cadangan derni menjamin keberIangsungan industri hulu migas. 

"Salah satu potensi yang besar adalah potensi sumber daya migas di area lepas pantai Matindok, yang meliputi area prospek Bubalus, Kudukudu dan Kepekepa," kata dia.

Adapun kegiatan survei ini untuk mengantisipasi tingginya risiko pengeboran dan biaya tinggi, terkait dugaan keberadaan potensi hidrokarbon di area Pantai Matindok, khususnya source rock di area lepas pantai tersebut. Kementerian ESDM dan Pertamina EP melakukan Survei ini dilakukan untuk membuktikan adanya source rock alternatif selain di Batui Trust Kitchen, serta mengurangi risiko operasional pengeboran di laut dalam. Adapun Lapangan Migas Donggi-Matindok memiliki peran penting dalam mendukung produksi gas alam cair atau liquefied natural gas (LNG) Indonesia. 

Kontan, Page-14, Wednesday, Nov 20, 2019

Pertamina Offers Alternative to Aramco

PT Pertamina (Persero) provides an alternative project for the development of a petrochemical refinery to Saudi Aramco if the oil and gas company originating from Saudi Arabia cannot accept the asset valuation of the Cilacap Refinery.

Pertamina Corporate Secretary Tajudin Noor said negotiations between Pertamina and Aramco were ongoing in Saudi Arabia. For this reason, his party is still waiting for the decision of the Saudi Arabian oil and gas BUMN on the alternative refinery projects offered by Pertamina.

"Yes, if they still cannot accept the valuation [Cilacap refinery], we offer another alternative for the development of the petrochemical refinery," he said.

Tajudin could not yet explain which project alternatives were intended. In the six Pertamina refinery development and development projects, the technical capabilities of production facilities are indeed adjusted for petrochemicals. ESDM Minister Arifin Tasrif still hopes there will be a bright spot for cooperation between Pertamina and Aramco.

"Hopefully in the near future there will be an agreement. Just wait for some time to come, "he said.

Saudi Aramco

Meanwhile, Acting Director General of Oil and Gas Djoko Siswanto agreed there were several alternative refinery projects offered to Aramco.

"If it's a deal [asset valuation], then it starts [Cilacap Refinery]. If that is not a deal, there will be offers to be built in other regions, "he said.

Djoko confirmed that the alternative project was a new refinery construction project. It's just that, the main choice is still developing the Cilacap refinery together. As an alternative refinery project, the government will invite Aramco to choose to build an independent refinery or to cooperate with Pertamina.

"Yes, we offer Aramco elsewhere. It doesn't have to be in Cilacapp "he added.

Previously, Pertamina's Director of Processing and Petrochemical Megaproject Ignatius Tallulembang said that his party accelerated the progress of four refinery development projects (RDMP) and two new refinery developments (GRR). All Pertamina refineries can later produce petrochemicals and fuel products. 

     With four RDMP projects and two GRRs, Pertamina's refinery capacity will be 2 million barrels per day (bpd) in 2026 with an oil production volume of 200 million liters per day. In addition, the volume of petrochemical production will increase to 6,000 kilo tons per year from the current 600 kilo tons per year.

IN INDONESIA

Pertamina Tawarkan Alternatif ke Aramco

PT Pertamina (Persero) memberikan proyek alternatif untuk pengembangan kilang petrokimia kepada Saudi Aramco apabila perusahaan migas berasal dari Arab Saudi tersebut tidak dapat menerima valuasi aset Kilang Cilacap. 

Sekretaris Perusahaan Pertamina Tajudin Noor mengatakan negosiasi antara Pertamina dan Aramco masih berlangsung di Arab Saudi. Untuk itu, pihaknya masih menunggu keputusan BUMN migas Arab Saudi tersebut atas alternatif proyek kilang yang ditawarkan Pertamina. 

“Ya jika mereka tetap tidak dapat menerima valuasinya [kilang Cilacap], kita tawarkan altematif lain untuk pengembangan kilang petrokimia,” katanya.

Tajudin belum dapat menjelaskan altematif proyek mana saja yang dimaksud. Dalam enam proyekpembangunan dan pengembangan kilang Pertamina, kemampuan teknis fasilitas produksi memang disesuaikan untuk petrokimia. Menteri ESDM Arifin Tasrif masih berharap ada titik cerah atas kerja sama antara Pertamina dan Aramco. 

“Mudah mudahan dalam waktu dekat sudah mulai ada kesepakatan. Tunggu saja beberapa waktu ke depan,” katanya. 

Sementara itu, Pelaksana Tugas Dirjen Migas Djoko Siswanto mengamini adanya beberapa alternatif proyek kilang yang ditawarkan kepada Aramco. 

“Kalau itu deal [valuasi aset] ya dimulai [Kilang Cilacap]. Kalau itu tidak deal, ada penawaran dibangun di wilayah lain,” ujarnya.

Djoko membenarkan bahwa alternatif proyek adalah proyek pembangunan kilang baru. Hanya saja, pilihan utama masih mengembangkan kilang Cilacap bersama. Untuk alternatif proyek kilang, pemerintah akan mempersilahkan Aramco memilih membangun kilang mandiri atau bekerja sama dengan Pertamina. 

“Ya Aramco kita tawarin di tempat lain. Tidak harus di Cilacapp"  tambahnya. 

Sebelumnya, Direktur Megaproyek Pengolahan dan Petrokimia Pertamina Ignatius Tallulembang mengatakan pihaknya mengakselerasi progres empat Proyek Pengembangan kilang (RDMP) dan dua pembangunan baru kilang (GRR). Semua kilang Pertamina nantinya dapat memproduksi petrokimia dan produk bahan bakar minyak. 

     Dengan adanya empat proyek RDMP dan dua GRR, kapasitas kilang Pertamina menjadi 2 juta barel per hari (bph) pada 2026 dengan volume produksi minyak sebesar 200 juta liter per hari. Selain itu, volume produksi petrokimia akan menigkat menjadi 6.000 kilo ton per tahun dari yang saat ini 600 kilo ton per tahun.

Bisnis Indonesia, Page-24, Wednesday, Nov 20, 2019

Benchmark Cepu Production Maintained

ExxonMobil Cepu Limited maintains production projections in the range of 220,000 barrels per day (bpd) of the Cepu Block in 2020, even though the Kedung Keris project was operational in December 2019. The Kedung Keris project, the Cepu Block, is projected to produce 3,800 bpd.

Deputy Head of the Special Task Force for Upstream Oil and Gas Business Activities (SKK Migas) Fatar Yani Abdurrahman said the Kedung Keris Project was ready for production. Despite the addition of Kedung Keris, the ExxonMobil oil and gas production target is maintained considering the approval of an environmental impact analysis (Amdal) for production capacities up to 235,000 bpd is still hampered. Fatar explained, in fact the Cepu Block oil production trial reached 235,000 bpd had been able to run.

"Our plan remains above 220,000 bpd, because of the capacity capacity. But the AMDAL is still in process, "he said, Tuesday.

According to him, production and Kedung Keris in anticipation of the decline in production from Banyu Urip. Last June, ExxonMobil and SKK Migas conducted a production (high rate test / HRT) conducted by Exxonmobil Cepu Limited in the Banyu Urip Field, targeted at 225,000 bpd, subsequently increasing to 235,000 bpd. For the Kedung Keris Project, Fatar said the project will be produced in December after the construction of the 16 kilometer pipeline is complete.

"Just waiting for the oil to flow. The target is in December 2019, "he said.

the Cepu Block

ExxonMobil's performance in Cepu is brilliant, with the realization of ready-to-sell production of 216,011 bpd in September from the lifting target of 216,000 bpd in ABPN 2019. Meanwhile, the amount of reserves that can be produced in the Cepu Block currently stands at 823 million barrels. This reserve is higher than initially estimated in the development plan (POD) of 450 million barrels.

With these notes, Fatar said the Cepu Block was a mainstay of domestic oil production. He said with the optimization of oil production from the oil and gas block, the plateau period for oil and gas block production would be shorter by around 2-3 years. In the future, with the Banyu Urip field oil production lowered, the Cato Block Block production period will indeed be around 3-4 years longer.

Azi N Alam

Meanwhile, ExxonMobil Indonesia's Vice President Public and Governments Affairs Azi N Alam said the Kedung Keris Project continues to progress and is expected at peak production to produce 10,000 bpd.

"Initial oil from the project is expected to be obtained by the end of 2019, he said. 

   Exxomobil Cepu Limited's representatives also reported to Vice President Ma'ruf Amin that the Kedung Keris field would produce on schedule at the end of 2019.

IN INDONESIA

Patokan Produksi Cepu Dipertahankan

ExxonMobil Cepu Limited mempertahankan proyeksi produksi di kisaran 220.000 barel per hari (bph) dali Blok Cepu pada 2020, meski proyek Kedung Keris sudah beroperasi pada Desember 2019. Proyek Kedung Keris, Blok Cepu, diproyeksi akan berproduksi sebesar 3.800 bph. 

Wakil Kepala Satuan Kerja Khusus Pelaksana Kegiatan Usaha Hulu Minyak dan Gas Bumi (SKK Migas) Fatar Yani Abdurrahman mengatakan Proyek Kedung Keris siap diproduksikan. Kendati ada tambahan dari Kedung Keris, target produksi migas ExxonMobil dipertahankan mengingat persetujuan analisis dampak lingkungan (amdal) untuk kapasitas produksi hingga 235.000 bph masih terhambat. Fatar menjelaskan, sebenarnya uji coba produksi minyak Blok Cepu mencapai 235.000 bph sudah dapat dijalankan. 

“Rencana kami tetap di atas 220.000 bph, karena kemampuan kapasitas bisa. Tetapi kan amdal-nya masih dalam proses,” tuturnya, Selasa. 

Menurutnya, produksi dan Kedung Keris sebagai antisipasi penurunan produksi dari Banyu Urip. Juni lalu, ExxonMobil dan SKK Migas telah melakukan uji produksi (high rate test/HRT) yang dilakukan oleh Exxonmobil Cepu Limited di Lapangan Banyu Urip ditargetkan 225.000 bph, selanjutnya meningkat menjadi uji tes 235.000 bph. Untuk Proyek Kedung Keris, Fatar mengatakan proyek ini akan diproduksikan pada Desember setelah pembangunan pipa sepanjang 16 kilometer selesai. 

“Hanya menunggu mengalirkan minyaknya saja. Targetnya di Desember 2019,” katanya. 

Kinerja ExxonMobil di Cepu terbilang cemerlang, dengan realisasi produksi siap jual sebesar 216.011 bph per September dari target lifting 216.000 bph dalam ABPN 2019. Sementara itu, besaran cadangan yang dapat diproduksikan di Blok Cepu saat ini tercatat mencapai 823 juta barel. Cadangan ini lebih tinggi dari yang awalnya diperkirakan dalam rencana pengembangan (POD) sebesar 450 juta barel. 

Dengan catatan tersebut, Fatar menyebut Blok Cepu menjadi andalan produksi minyak dalam negeri. Dia mengatakan dengan optimasi produksi minyak dari blok migas ini, masa plato produksi blok migas ini akan lebih pendek sekitar 2-3 tahun. Ke depan, dengan produksi minyak lapangan Banyu Urip diturunkan, masa plato produksi Blok Cepu memang lebih panjang sekitar 3-4 tahun. 

Sementara itu, Vice President Public and Governments Affairs ExxonMobil Indonesia Azi N Alam mengatakan Proyek Kedung Keris terus mengalami kemajuan dan diharapkan pada puncak produksi dapat menghasilkan 10.000 bph. 

“Minyak perdana dari proyek ini diharapkan diperoleh pada akhir 2019, kata dia.

 Perwakilan Exxomobil Cepu Limited juga melaporkan ke Wakil Presiden Ma’ruf Amin bahwa lapangan Kedung Keris akan berproduksi sesuai jadwal yakni pada akhir 2019.

Bisnis Indonesia, Page-24, Wednesday, Nov 20, 2019