July 2013, PHE WMO Oil Production 22.2 Thousand Barrels

Oil production Pertamina Hulu Energi (PHE) West Madura Offshore (WMNO) back up. If the beginning of June 2013 and in the range of 20,300 barrels of oil per day (bopd), in early July it pierces 22,200 bopd. Increase in production was achieved from 3 new production wells.
WMO block production was 70% higher than when handed over to the government of Kodeco Pertamina Energy, May 7, 2011. When it blocks the production of 13,000 bpd WMO stay. 22.2000 bopd to production performance is also higher than the target set by the oil and gas SKK 20 443 boph.
It is said Senior Executive VP & General Manager of PHE WMO Bambang Kardono after accepting the award from the Governor of East Java Environment on page Soekarwo PT Semen Indonesia, last weekend in Gresik. “PHE WMO has reached a level of 22,200 bopd of oil production,” he said.
He added that the recent increase in production obtained from the drilling of new production wells 38B-5 PHE, PHE PHE 40A-5 and 40A-3. Therefore, it is confident that by the end of 2013 could surpass the average production target of 20,443 bopd given by the government.
Of three new production wells that produced approximately 4,000 bopd. But because it is also absorbed to cover declaining rate reached 50% per year, the production of WMO block can only go up from 20,300 bopd in early June to 22,200 bopd.
“This year we expect to drill 21 production wells and nine exploration wells. Needs a lot of wells drilled since we also had to cope with a relatively high rate declaining, as well as trying to find new oil and gas reserves,” he said.
Bambang added that, in addition to continue to drill new production wells, is now concentrating PHE WMO project complete new installation of the subsea pipeline connecting several new production platform with Poleng Processing Platform (PPP).
“Hopefully early August subsea pipeline installation projects it already can diselesaikan.Keberadaan new pipe that can further increase the production rate of oil-rig a new production platform,” said Bambang Kardono.
Since April 1, PHE WMO continues to increase production from 9,000 bopd to 12,000 bopd. After the break in May 17,000 bopd and 20,300 bopd in June. Peak at the beginning of production back in July increased to 22,200 bopd.
“The climax at the beginning of July back production increased to 22,200 bopd, where it is expected to end in 2013 still continues to rise more than that, do’akan, yes,” said Bambang Kardono.

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