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.

PHE WMO Boost Production With New Wells

PHE WMO continues to increase production, the target chasing SKK Migas. Entering the second half of this year PHE WMO back to drill two new oil wells to boost production.
PHE WMO production by mid of this month has gone up again to 22,500 barrels per day (bpd). Number of production. This increase relative to production in the early month high of 22,200 (bpd),

Even so PHE WMO is still trying to raise production to 24,000 bpd to 27,000 bpd by the end of this 2013.
Head of Production PHE WMO, Agus Sudarmanto said in July they are targeting to add two new wells. By the operation of two new wells could increase total production.
Agus explained, in 2013 the PHE WMO target drill 21 production wells. Now there are 11 production wells were drilled.
Overall there. Approximately 77 wells are worked in WMO block. Of the total number of wells, 36 producing wells in antaranyasudah not.
He explained that, in the three months beginning in 2013, the production of PHE WMO average is still in the range of 10,000. Away from the target SKK Migas. Significantly increase new production achieved from April until July.
Since April 1, PHE WMO continues to increase production from 9,000 bpd to 12,000 bpd. After the break in May and 20,300 bpd 17,000 bpd in June. Peak at the beginning of production back in July increased to 22,200 bpd and 25,500 bpd now broken.
“Declining block rate in WMO relatively high, so the addition of this production in addition to menutut old debt also against declaining a relatively high rate,” said Agus, Monday (22/07/2013) night.
Agus hoped, with increased production, at the end of 2013, the average daily production of PHE WMO SKK gas could meet the target. “Our main target SKK how to reach the target gas. We still have the debt, which hopefully we can continue to pursue with increased production, “he said.
He added that the increased production expected to be achieved from the two new wells that are ready to increase production.
This additional production is expected to be optimal with the completion of the installation of a new pipeline connecting new wells with Poleng Processing Platform (PPP).