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Thursday, February 20, 2014

SKK : oil production targets exceed six contractors



SKK : oil production targets exceed six contractors



Special Unit Upstream Oil and Gas ( Oil and Gas SKK ) recorded until February 12, 2014 production of the six oil and gas contractors exceeded the target of 13 work plan and budget 2014.

According to the data obtained in the Oil and Gas SKK Thursday , contractors oil production exceeded the target budget and work plan ( Work Program and Budget / WP & B ) , among others, PT Chevron Pacific Indonesia ( CPI ) with a production of 308,523 barrels , or 1.83 per cent above the target 302 983 barrels per day .

In addition there are Total E & P Indonesia's oil production is 66,053 barrels , or five per cent above the target of 62 910 barrels per day and CNOOC SES Ltd. with production of 34,385 barrels , or 1.12 per cent above the target WP & B 34,005 barrels per day .

Furthermore, there are ConocoPhillips Ind. Ltd. with production of 30 641 barrels or 23.34 percent above the target of 24 843 barrels per day ; PetroChina Int ( Jabung ) with 15,406 barrels , or 6.67 per cent above the target WP & B 14,443 barrels per day , and Medco E & P Indonesia ( Rimau ) with 12,796 barrels , or 9.35 per cent above the target WP & B 11 702 barrels per day .

However, of the 13 contractors that only ConocoPhillips production exceeded the budget target in 2014.

Oil SKK data also showed that the 13 contractors accounted for 708 832 barrels per day , or 89.7 percent of oil production on target WP & B agreed by SKK 803 827 Oil and contractors of barrels per day .

While 41 other contractors to produce 81 482 barrels of oil per day , or 10.3 percent .

For sold production ( lifting ) of gas , recorded 10 of the 13 largest contractors exceeded the target WP & B.

Total " lifting " the 13 contractors gas was 6,221 mmscfd or 90.4 percent of the total production of 6,897 MMSCFD .

Tenth contractor whose production exceeded the target of WP & B among others consists of Total E & P Indonesia with 1,663 MMSCFD or 5.29 percent above the target of 1,579 mmscfd WP & B , and Pertamina 876 MMSCFD or 3.66 percent above the target WP & B 845 MMSCFD .

In addition there are ConocoPhillips Ind. Ltd. ( 351 MMSCFD ) ; Vico Ind. ( 322 MMSCFD ) ; Kangean Energy Ind. Ltd. ( 266 MMSCFD ) ; Premier Oil Natuna Sea BV ( 211 MMSCFD ) ; PetroChina Int ( Jabung ) Ltd ( 163 MMSCFD ) ; Medco E & P Ind ( S & C Sumatra ) ( 120 MMSCFD ) , and ExxonMobil Oil Ind. Inc. ( 119 MMSCFD ) .

Contractor gas production exceeded the target of lifting the state budget is Total E & P , BP Berau , Pertamina , Conoco , Vico , Kangean , and Medco .

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