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SKK Migas Approves 6 WMO Blocks Construction

22 November 2013 09:40 WIB

ANTARA/Fanny Octavianus

TEMPO.CO, Bangkalan - PT Pertamina Hulu Energi Operation and Production Director, Kunto Wibisono said Special Task Force for Upstream Oil and Gas Business Activities (SKK Migas) has approved his company's plan of development (POD) of integrated field for production improvement at West Madura Offshore (WMO) Block. "Those PODs are spot 6/12, 7, 24, 29, 44, 48," he said yesterday.

According to Kunto, these integrated fields will be built minimally. "With minimalistic concept, the cost is cheaper," he said. The production results can be connected to processing platform facility.

Having been approved, the next step is to conduct auction process for those six fields. The construction will take approximately nine months. "This project is expected to increase production on PHE WMO gas and oil in early 2015."

Current PHE WMO production is about 24,000 barrels a day. The highest production has been reached in August 2013, which was 26,600 barrels a day.

MUSTHOFA BISRI



BPS Reports January Exports for Coal 'Sluggish' at US$2.41 billion

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BPS Reports January Exports for Coal 'Sluggish' at US$2.41 billion

BPS reported that the January exports for coal were sluggish in Indonesia.


January Export Drops 8.34% at US$20.52 billion, BPS Reports

42 hari lalu

January Export Drops 8.34% at US$20.52 billion, BPS Reports

BPS recorded the January export value of Indonesia at US$20.52 billion, an 8.34 percent decline compared to December.


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Jokowi Asks Tanzanian President to Open Negotiations on LNG, Fertilizer Investment

Indonesian President Jokowi highlights investment cooperation in the oil and gas sector during a meeting with Tanzanian President Samia Suluhu today.


Import Value Shows Steady Decline in Latter Half of 2023, BPS Says

15 Januari 2024

Import Value Shows Steady Decline in Latter Half of 2023, BPS Says

BPS recorded that the value of imports in December 2023 reached US$19.11 billion, a 2.45 percent decline compared to the previous month.


BPH Migas Predicts Gasoline, Plane Fuel Distribution to Rise in Holiday Seasons

16 Desember 2023

BPH Migas Predicts Gasoline, Plane Fuel Distribution to Rise in Holiday Seasons

BPH Migas predicts that the distribution of gas oil and jet fuel will increase during the Christmas and New Year periods.


Indonesia, South Korea Explore Partnership on Carbon Capture Development

29 November 2023

Indonesia, South Korea Explore Partnership on Carbon Capture Development

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Indonesia's Trade Surplus Surpasses US$3.42 billion

17 Oktober 2023

Indonesia's Trade Surplus Surpasses US$3.42 billion

According to Statistics Indonesia, the balance of trade surplus in Indonesia continues to September 2023, surpassing US$3.42 billion.


Pertamina Expands to Africa's Upstream-Downstream Oil & Gas Industry

29 September 2023

Pertamina Expands to Africa's Upstream-Downstream Oil & Gas Industry

PT Pertamina inked an agreement yesterday in Jakarta with Guma Africa Group Limited.


Pertamina Subholding Increases Production, Improves Business Development

29 Juli 2023

Pertamina Subholding Increases Production, Improves Business Development

Pertamina upstream sub-holding, PT Pertamina Hulu Energi (PHE), continues to improve the unlock value activities.


SKK Migas Sets 2023 Investment Target at US$15.5bn

21 Juli 2023

SKK Migas Sets 2023 Investment Target at US$15.5bn

The Upstream Oil and Gas Activities Special Task Force (SKK Migas) is targeting to achieve US$15.5 billion in actualized investments by 2023's end.