PT BBS: Production Target Unfulfilled Due to Illegal Trading
By : Hariyanto And Aldo Bella Putra | Friday, February 09 2018 - 18:00 IWST

Migas Ilustrasi
INDUSTRY.co.id - Bojonegoro - Oil and gas operators (oil and gas) Wonocolo Old Wells, Kedewan Sub-district, Bojonegoro District Pertamina Asset 4 Field Cepu will optimize production through Bjdeg Bojonegoro Bangun Sarana (BBS).
Asset Management Manager of Strategic Planning & Risk Management, Pertamina EP Center Manager, Teguh Budi Santoso, said that the old well production cooperation is known only with PT BBS.
"Cooperation which is known by the operator only to PT BBS is not related to other oil and gas management," he said after an evaluation meeting on the management of old wells at the Bojonegoro regency office yesterday.
While in the field, the traditional oil drilling is also managed by Village Unit Cooperative (KUD). The production contract with KUD will be exhausted in 2019. The operator plans not to renew the management contract with the KUD. According to the contract KUD manages five old wells.
"In the year 2019, the contract of wells management by KUD as many as five wells has been exhausted, we have no cooperation yet, but more optimize the management of BUMD," he explained.
The old well management contract is based on Ministerial Regulation (Permen) Energi Mineral Resources (ESDM) No. 1 of 2008 concerning Guidelines for the Exploitation of Mining Oil and Natural Gas at Old Wells. Cooperation contract operator with PT BBS conducted on August 16, 2017 ago. PT BBS is expected to produce 500 BOPD of crude oil.
"The fulfillment of the 500 BOPD production target is one of them due to illegal trading, there are still friends who still manage the old wells," said Director of PT BBS, Tony Ade Irawan.
In the cooperation contract, the number of wells held by PT BBS is 505 wells. However, per day, now there are only about eight to nine wells that continue to deposit to PT BBS. Of the amount of the deposit, crude oil production from PT BBS is only about 100 BOPD.
Tony said, in the near future, it will make a well service submission to the operator to achieve production targets. In addition, he admitted that he is now more focused on improving the traditional drilling administration, ranging from procurement guarantee BPJS allowance, PPE for miners and miners' welfare. (bj)
Read Also
The 7th Abu Dhabi Dialogue in Dubai: Commitment to Enhance Migrant…
Pertamina Hulu Rokan expounds on wetland innovations at COP28
Pertamina reaffirms its commitment to net zero emissions by 2060
President Jokowi Inaugurates Tangguh Train 3 Project in Teluk Bintuni…
MMA Offshore Automates Onboarding With Boomi
Today's Industry

Senin, 09 Juni 2025 - 14:22 WIB
Savyavasa and Permata Bank Launch Exclusive Foreign Mortgage Program
Savyavasa, a luxury residential development by Swire Properties and JSI Group under PT Jantra Swarna Dipta, in collaboration with Permata Bank, presents a new solution for foreign nationals…

Rabu, 21 Mei 2025 - 10:09 WIB
Indonesia, Thailand Sign MoU on Health Sector, Focusing on Global Capacity, Collaboration
As a part of President Prabowo Subianto’s official visit to Thailand, both countries signed a Memorandum of Understanding (MoU) on health sector, in an effort to strengthen bilateral cooperation…

Rabu, 21 Mei 2025 - 10:06 WIB
Indonesia, Thailand Deepen Cooperation on Security, Trade, and Regional Stability
resident Prabowo Subianto has reaffirmed Indonesia’s strong commitment to deepening bilateral relations with Thailand during the meeting with Thailand’s Prime Minister Paetongtarn Shinawatra…

Selasa, 20 Mei 2025 - 12:44 WIB
Boediman Widjaja's Technology Ready to be Adopted in Jababeka Industrial Estate (KIJA)
In an exclusive seminar entitled "A Great Step: Boediman Widjaja Story - Going from Indonesia, Thriving in Singapore" held at the President Lounge, Menara Batavia, Boediman Widjaja, Founder…

Jumat, 02 Mei 2025 - 10:46 WIB
Binawan and Government Support Indonesian Nurses in Europe through Scholarships
In the midst of the viral #KaburAjaDulu hashtag as a symbol of the young generation's disappointment with domestic working conditions, Binawan responded with real action: dispatching Indonesian…
News Comment