TEMPO.CO, Jakarta - State oil and gas company Pertamina has completed drilling six wells in the first quarter this year. The drillings were done by the company's upstream subsidiaries in Pertamina Eksplorasi Produksi (PEP), Pertamina Hulu Energi (PHE), and Pertamina Geothermal Energy (PGE).
"Pertamina's performance at the start of the year is quite satisfying; our oil reserves continue to increase," Pertamina VP of corporate communications Adiatma Sardjito said in a written statement, Tuesday, May 29.
Adiatma said PHE found 40 million barrels of oil equivalent (boe) have at the Merakes-2 well. Meanwhile, PEP has completed the 2D and 3D seismic works.
He added that Pertamina's oil and gas exploration activities in the first quarter of 2017 resulted in the discovery of new reserves at the Nunukan Block in North Kalimantan, with a potential output of 569 million boe.
M YUSUF MANURUNG
