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

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.