Although Oil Price is Not Stable, Pertamina EP Encourages Achievement of Production

By : Hariyanto And Aldo Bella Putra | Tuesday, January 02 2018 - 19:00 IWST

Ilustrasi Pertamina EP
Ilustrasi Pertamina EP

INDUSTRY.co.id - Jakarta – The subsidiary of PT Pertamina (Persero), PT Pertamina EP, continues to increase the production achievement with well MJ-AA5 wells managed by PT Pertamina EP Asset 1 Ramba Field located in Mangunjaya Village, Babat Toman Subdistrict, Musi Banyuasin Regency, South Sumatera .

Pertamina EP President Director Nanang Abdul Manaf said the MJ-AA5 is a well-drilling exploit well with a depth of 500 meters. Drilling activities are projected to take approximately 16 days and drilling targets this time in the form of oil.

The well is the first well drilled on the Mangunjaya structure after the disposal of illegally snatched or illegal drilling wells in the area.

"This confirms that Pertamina EP is determined to produce oil and gas legally and comply with the prevailing government regulations and best practice rules of oil and gas," Nanang said in an official statement in Jakarta on Monday (1/1/2018).

Nanang said the successful increase of oil production by 200 barrels per day (BPH) at drilling at TL-AA2 Tanjung Laban, Babat Supat Sub-district, Pertamina EP Asset 1 Ramba Field, in August 2017 increased Pertamina EP's optimism in increasing production.

MJ-AA5 well drilling was conducted by PT Pertamina Drilling Services Indonesia (PDSI), a subsidiary of PT Pertamina (Persero), using PDSI N55 rig. The location of the MJ-AA5 well is adjacent to the MJ 67 well that was previously groped by illegal miners and is now closed.

"We continue to work on improving production by taking into account environmental and social aspects and every worker always develops an honest, sincere, honest attitude in doing the job," he said.

The last few years have been a challenge for the oil and gas industry because of the unstable oil price. Nevertheless, Pertamina EP continues to struggle to survive in difficult times and work against limitations.

Not only the well-tap activity, on the occasion the board of directors and commissioners of Pertamina EP participated in witnessing the launch of Mini Collector Station (SP) in RB-05 to optimize the classical Ramba formation. This mini SP is an innovation of Pertamina EP Asset 1 Ramba Field workers to break backpressure of Ramba structure.

"Appropriate active and reactivation plan can provide additional production up to 200 BPH so as to support the achievement of production target in 2018," said General Manager Asset 1 Rizal Risnul Wathan.

News Comment

Today's Industry

Pirelli Tires

Sabtu, 20 Januari 2018 - 23:22 WIB

Astra Otoparts Cooperates with Pirelli to Launch Underbone Motorcycle Tire

PT Astra Otoparts Tbk (AUTO) through PT Evoluzione Tires in collaboration with Pirelli Tyre S.p.A presents Ban Diablo Rosso Corsa II specially designed for underbone motorcycles officially launched…

Minister of transportation Budi Karya Sumadi

Sabtu, 20 Januari 2018 - 23:17 WIB

RI-Japan Agree on Port of Patimban Subang Settlement Next Year

Indonesia and Japan agreed to the completion of the Patimban Port project in Subang, West Java, which is targeted to be completed next year.

Minister of Transportation Budi Karya Sumadi reviewed the LRT project

Sabtu, 20 Januari 2018 - 22:55 WIB

Six Indonesian-Japanese Infrastructure Industries Work Accelerated

Japan accelerated the completion of six major infrastructure projects in Indonesia as agreed by President Joko Widodo and Japanese Prime Minister Shinzo Abe.

PT Indonesia Asahan Alumunium (Inalum)

Sabtu, 20 Januari 2018 - 22:50 WIB

Inalum Targets Smelter Alumina Project Start Producing By 2021

PT Inalum (Persero) targets a smelter alumina project with Antam Tbk (ANTM) and Chalco to produce in 2021, following construction scheduled to begin in the second half of next year.

Menhub Budi Karya Sumadi (humas kemenhub)

Sabtu, 20 Januari 2018 - 22:45 WIB

Fast Train Technologies Jakarta-Surabaya Has Been Determined

The choice of (semi) fast Jakarta-Surabaya train technology has been conical to be determined but still requires more detailed study, said Transportation Minister Budi Karya Sumadi.