REPUBLIKA.CO.ID, JAKARTA -- The Upstream Oil and Gas Regulatory Body (SKK-Migas) has predicted that a total of 13 oil and gas projects will begin production in 2014.

SKK-Migas Public Relations Head Elan Biantoro said in a press release here on Sunday that the combined production capacity of the 13 projects was 954 million metric standard cubic feet per day (mmscfd) and 194,121 barrels of oil per day.

"We are committed to completing the projects on time," he said.

The projects included Baciko 7B with Total E&P Indonesie as the contractor. It is targeted to produce 170 mmscfd and 4,000 barrels per day.

There is also Sisi Nubi 2B whose contractor is Total E&P Indonesie, with a production target of 350 mmscfd and the Lapangan Peluang project with Santos as the contractor with a production target of 25 mmscfd.

Others are POFD Bekapai Phase 2A operated by Total E&P) Indonesie with a production capacity of 1,021 barrels per day, Gundih with Pertamina EP as the operator with a production target of 50 mmscfd and 600 barrels of oil per day and Bayan with contractor Manhattan Kalimantan Investment with production capacity of 15 mmscfd and 250 barrels per day.

In the second quarter of 2014, two projects are expected to be in operation. The projects are Paciko 7C with Total as its contractor, production 125 mmscfd and 1,500 barrels per day and Ridho with contractor Odira Energy Karang Agung.

One project is expected to be in production in the third quarter of the year, namely Senoro by Partamina Joint Operation Board (JOB) with a production capacity of 8 mmscfd.

The remaining four projects are expected to be in production in the fourth quarter of 2014.

The four projects are Banyu Urip with Mobil Cepu Ltd as operator and with a production capacity of 165,000 barrels per day, Kepodang with Petronas Carigali Muriah Ltd as its contractor and with a production of 116 MMSCFD.

Others Bukit Tua with contractor Petronas Carigali and Ketapang 2 with a production capacity of 70 mmscfd and 20,000 barrels per day and 20,000 barrels per day, and Kerendan of Slamander Energy-Bangkanai, capacity is 300 barrels perday.

Elan said three projects got full attention because they large production capacity and heavy challenges.

Ikuti Whatsapp Channel Republika