4 Projects of Oil and Gas to Onstream in 2017

There are 4 projects of oil and gas to onstream in 2017. It estimately contribute toward the production of 6180 barrels per day for oil and 316 million cubic feet per day (MMSCFS) for gas. Head of special working upstream of oil and gas (SKKMIGAS) amin sunaryadi said that production target of lifting for the draft budget revenue and expenditure in 2017 78000 bpd for oil and gas 1150 barrels oil equivalent. The addtition from 4 onstream projects around 6180 barrels per day and 316 MMSCFD. 

On hearing with commission VII of house of representative, monday sept 5th, 2016, amien elaborated that 4 onstream projects will be done in first quarter in 2017 is lapangan maduraBD by hustky oil contributes 5980bpg for oul and 100 MMscfd dan lapangan cikarang tegal pacing run by pertamina EP producing gas 14 MMscfd.

The in Third quarter, it is planned to operate project lapangan jangkrik 200 bpd and gas 142 MMscf and gas from jangkrik north east operated by eni muara bakau producing 60 MMscfd. 

According to amin, up to 2020 there will be no large block to onstream. While there will be 25 work are will terminate due to the end of contracts, the reduction of activity and minimal gas absorption.Thus the projection of lifting in 2018 around 630000 bpd up to 680000 bpd for oul and 1100 boepd to 1200 boepd for gas. In 2019 will be 540000 bpd to 610000 for oil and 1000 to 1200 bpd . Then 2020 target lifting 480000 to 550000 bpd for oil and 1000 boepd to 1200 boepd for gas.