Quarter III, Pertamina EP Achieves net income to Rp 14.3 Trillion

JAKARTA, KOMPAS.com -Pertamina EP noted the net profit up to quarter III-2012 amounted to Rp 14.3 trillion, up 21.2 percent compared to the achievement of the same period last year to Rp 11.8 trillion. Increase in operational profit sustained by the company.

Pertamina EP public relations Manager Agus Amperianto explains the increase of profit sustained by the company's oil production reached 127,9 thousand barrels per day (MBOPD) and gas amounted to 1.755 .9 million standard cubic feet per day (MMSCFD).

While in the same period last year, the production of Pertamina EP reach MBOPD 126,1 and gas production of 1,027 .6 MMSCFD.

"To support the efforts of the discovery of oil and gas reserves, Pertamina EP doing exploratory efforts by completing the 3D seismic survey over 2.027 km2 and 2D seismic over 538 miles," said Agus in Jakarta, Monday (12/11/2012).

According to Agus, for drilling exploration, Pertamina EP has completed 18 wells consisting of 6 well drilling wildcat wells and 12 deleniasi. Whereas to date, the Pertamina EP is still in the process of implementation of drilling wildcat wells, 3 2 deleniasi wells, and 1 twin well drilling.

Meanwhile, to support the efforts of the optimization of production, Pertamina EP has completed the drilling of exploitation as much as 84 wells and still doing well the exploitation of drilling on the 13th. While working for the well, Pertamina EP has completed 52 of the well and still do work restarted on 3 other wells.

"The realization of the performance of the quarter III-2012 commitment was the Pertamina EP in answering the challenges of natural production decline of 18 percent per year," he added.

In addition, to seek an increase in production, Pertamina EP also made a number of attempts at Acceleration (breakthrough projects), including optimization of production on existing assets, conducting new field development acceleration, reproduce Your Work and development of drilling Move layers (KUPL), reactivation, suspended wells, drain oil advanced stage activity or enhanced oil recovery (EOR), and put on production exploration activities.

View the original article here

INFO NEWS

Pertamina Oil Production Yet To Achieve The Target

Jakarta – up to quarter III-2012 oil production PT Pertamina Hulu Energi (PHE) has not yet reached the target average of 70,000 barrels per day (BPD). The new Pertamina oil production to 60,000 bph.

It is revealed the President Director of Pertamina Hulu Energi Salis Aprilian when found on the sidelines of the event Luncheon Talks ' certainty and legal protection for the results of contract (PSC), ' at the Hotel Ritz Carlton, SCBD, Jakarta, Monday (12/11/2012).

"The production of PHE's overall average to quarter III this year still 60,000 bph, is still below the target of 70,000 bpd are determined," said Salis.

Yet the achievement of these targets, said Salis, since there is quite a distance from the selish target poduksi PHE WMO (West Madura Offshore) molornya as a result of the takeover plan managed by Pertamina PHE.

"As a result of the takeover of the WMO telatnya so there is a gap of 8,000 barrels per day and until now still haven't reached the gap, but nowadays the trend of production is rising," said Salis.

Currently, the production of Salis said PHE WMO still average around 11,000 barrels a day target from 15,000 barrels per day.

"Target PHE MWO originally indeed of 20,000 bph but revised to 15,000 bph, but until now has not been able to reach the target," said Salis.

Associated production reached 60,000 bph, add Salis, helped by increased production of PHE ONWJ previously hard-to-reach 35,000 bpd but today turned out to be up to 40,000 bph.

"Production ONWJ today rise even rising above the target where ditargetnya 35,000 bpd and difficult until the production of it, but today managed to achieve production of 40,000 bpd," said Salis.

Moreover, the word Salis, ONWJ yesterday managed to find a test in a new layer when exploration in the field of eco.

"Its pretty good Tests, it indicates there is a nice indikaksi on the production in the future, ONWJ" cetus Salis.

(an rrd/dnl)

View the original article here

Peliculas Online

Pertamina Upstream ONWJ to achieve Record production of oil 2 Times

Jakarta – PT Pertamina Hulu Energi Offshore North West Java (PHE ONWJ) per day was successfully achieved production of 40.093 barrel of oil per day (BOPD) and gas 202,4 million standard cubic feet per day (MMSCFD).
PHE ONWJ claiming the world is the highest production in the field since the takeover of ownership by Pertamina.

"This success has been dropping off production amounting to achieve PHE ONWJ almost doubled since Pertamina began operating the ONWJ block in 2009. Our production facilities maintenance Program that was very old also went smoothly, so even though the early years of production had slowed, but towards the end of this year we can again achieve the appropriate production expectations, "said Executive VP/GM PHE ONWJ Sinulingga, Jonly in a press release Monday (12/11/2012).

PHE ONWJ also claims to have had success in terms of finding oil and gas reserves in the area of operations after 13 years of not doing the explore activity. In 2011, PHE ONWJ successfully perform exploratory wells YY-4 and KKT 1. Test results from wells in zone 3 YY-4 produces a total of 2899 BPOD and 22 MMCFD of gas wells, KKT-1 produce 2100 bopd and 2 MMCFD of reservoir zones 2.

The target of 5 exploratory wells in 2012 i.e. KLU 1, MRAX ZTX-1,-1, SP-1, EG-1; KLU-1 well has been successfully found reserves of gas and condensate from the four structures with a total result of tests of 620 BOPD and 22 MMSCFD of gas well drilling, while the others will be held at the end of the year to early next year.

"This discovery is very proud to remember there has been a void of exploration activities for 13 years. The test results are good enough, we'll be continuing seismic activity and exploration as an adjunctive production ONWJ in years to come, "said Jonly

According to Jonly, the realization of performance PHE ONWJ is expected to respond to the challenges of the natural decline in oil production by 17% per year. PHE ONWJ also submit four (4) exploration wells in 2013 that will hopefully add to the oil and gas reserves off the coast of the sea of Western Java to support Pertamina in reaching the targets of national production.

At the end of this year, 3D seismic survey covering an area of 750 Km2 in the western part of Transition Zone (West Transition Zone) has also been completed smoothly and safely.

The composition of ownership block ONWJ is Pertamina Energy ONWJ Ltd (the Operator) of 53,25 percent, EMP ONWJ Ltd. 36,7205 percent, Talisman Resources (N. W Java) Ltd. amounted to 5,0295 per cent and Risco Energy ONWJ BV by 5 percent.

ONWJ gas production blocks (Offshore North West Java) supplied to domestic needs, namely, PT PLN, PT Pupuk Kujang Cikampek Balongan Refinery and Pertamina RU VI.

(dru/dnl)

View the original article here

Peliculas Online

Take Control Of The Mahakam Block, Pertamina Had To Pitch A Children's New Venture

Jakarta -the contract management of the Mahakam Block in Borneo which is managed by Total E&P Onesie and Inpex will expire in 2017. If the Government provides 100% management of such blocks to PT Pertamina (persero), then Pertamina must create a new subsidiary.

As said the President Director of Pertamina Hulu Energi, Aprilian Salis, if management of the Mahakam Block 100% given to Pertamina Pertamina would then create a new subsidiary with a special block.

"If given a 100% given to Pertamina Mahakam Block management then Pertamina must create a new subsidiary," said Salis when encountered interrupted the event Luncheon Talks ' the certainty and the protection of the law of Contract (PSC) for the results ', at the Hotel Ritz Carlton SCBD, Jakarta, Monday (12/11/2012).

According to Salis it must be done because Pertamina EP can not manage it because certain areas of terganjal.

"If 100% managed Mahakam Block, Pertamina could not be submitted to the EP, since certain regions work EP so Mahakam Block cannot manage," he said.

Another choice is not handed over to Pertamina PHE or forming new subsidiaries. "But to us (PHE) in fact the management of PHE in each block there must have been others who have opted to manage such blocks, can not 100%, if 100% of that part of Pertamina EP," said Salis.

But asserted Salis, PHE was very ready and hope the management of such blocks fall to his side. "We hope his own PHE could manage Easter Mahakam Block the block contract expires in 2017, let alone this is best of the talk in the media that many such blocks will be given over a few percent per other contractors, so it's not 100% managed Pertamina," demolished Salis.

(an rrd/dru)

View the original article here

Peliculas Online