Exxonmobil Cepu Oil Production Target Has Not Yet Reached

By : Hariyanto And Aldo Bella Putra | Saturday, September 16 2017 - 22:00 IWST

Exxonmobil
Exxonmobil

INDUSTRY.co.id - Bojonegoro- ExxonMobil Cepu Limited (EMCL) is optimistic that the target of Banyuurip Blok Cepu field oil production in Bojonegoro Regency, East Java, which is set at an average of 201,600 barrels per day by 2017 can be achieved.

"We are optimistic that the production target set by the Government will increase to an average of 201,600 thousand barrels per day can be achieved in 2017," said Vice President of Public and Government Affairs of ExxonMobil Indonesia, Erwin Maryoto in Bojonegoro, Friday (15/09/2017)

Previously, he continued, the target production of Banyuurip oil field Block Cepu in District Gayam, set an average below 200 thousand barrels per day.

"I do not remember the exact target, but the initial target of Cepu Block oil production is below 200 thousand barrels per day," he added.

However, according to him, the production of Banyuurip Block Cepu field oil which previously only averaged 185 thousand barrels per day should be increased to an average above 200 thousand barrels per day since June.

Although production at the beginning is still below 200 thousand barrels, he said, the production target set at 201,600 barrels a day could be achieved, since since June Cepu Block field production has always been above 200 thousand barrels per day.

"Now the production is always above 200 thousand barrels per day," he asserted.

The effort to increase the production of Cepu Block field oil, he said, without having to add equipment whose capacity only to produce about 185 thousand barrels per day.

"After going through the trial it turned out that the increase in production to above 200 thousand barrels per day there is no problem," he said as quoted by Antara.

Although, he said, Banyuurip Block Cepu field production does not affect the amount of flare gas burning.

"The amount of flare gas burning remains the same as before," he said.

He added that US Ambassador Joseph R. Donovan Jr., today reviewed the Banyuurip Blok Cepu field in Gayam District, and also visited the Learning Activities Center (PKB) built on the initiative of ExxonMobil Cepu Limited (EMCL).

News Comment

Today's Industry

NORD-DuoDrive.jpg: The innovative and patented DuoDrive geared motor reaches outstanding system efficiency Image: NORD DRIVESYSTEMS

Selasa, 17 Mei 2022 - 14:00 WIB

NORD DRIVESYSTEMS at LogiMAT in Stuttgart From 31st May to 2nd June 2022 NORD will present innovative drive solutions for intralogistics

The specialist LogiMAT exhibition in Stuttgart offers as comprehensive overview of the intralogistics and process management market. As one of the market leaders for drive technology, NORD presents…

President Jokowi attends the meeting between ASEAN leaders and American entrepreneurs at Intercontinental the Willard Hotel, Washington DC, Thursday (05/12). Photo by: Laily Rachev

Selasa, 17 Mei 2022 - 13:00 WIB

President Jokowi Invites US CEOs to Boost Cooperation with Indonesia

President Joko “Jokowi” Widodo has invited company CEOs in the United States to boost cooperation with ASEAN countries, particularly Indonesia.

President Jokowi, President Biden, and ASEAN Leaders on a group photo prior to the dinner, at the White House, Washington D.C., Thursday (05/12)

Selasa, 17 Mei 2022 - 12:28 WIB

President Jokowi, ASEAN Leaders Attend Dinner Hosted by US President

President Joko “Jokowi” Widodo Thursday (05/12) attended a dinner with the leaders of ASEAN countries hosted by President of the United States Joe Biden at the White House, Washington D.C.

(Photo: © 2022 KRAIBURG TPE)

Selasa, 17 Mei 2022 - 11:23 WIB

TPE unleashes benefits for pet accessories

The pet care market is rapidly expanding as pet ownership increases, as does spending on pet food, grooming tools, and accessories. Pet owners are significantly concerned about the prevalence…

Sergey Sedov, Founder and CEO of Robocash Group

Jumat, 13 Mei 2022 - 16:15 WIB

Robocash Group reached 2 BN USD of disbursement and issued audited financial report of 2021

Robocash Group publishes the audited combined financial statements for the year ended 31 December 2021. The Group reached an all-time high 2 BN USD of issued financing and is expected to increase…