While the Task Force of Upstream Oil and Gas (SK Gas) approved work plan and budget of 274 contractors contracts. This is expected to increase national oil production.

Jero Wacik

While the Task Force of Upstream Oil and Gas (SK Gas) approved work plan and budget of 274 contractors contracts. This is expected to increase national oil production.




We asked the contractor KKS immediately implement the approved work plan, so that the target production and revenues can be achieved.
- Wacik

Minister of Energy and Mineral Resources / Head of SK Oil Wacik, deliver it in a speech at the presentation of the work plan and budget of the upstream oil and gas activities to the PSC, Tuesday (01/08/2013), in Jakarta.

For the year 2013, SK Gas approved work plan and budget of 274 contractors, which consists of 74 work areas (WK) 200 WK exploitation and exploration.

WK budget approval for the exploitation of 23.5 billion U.S. dollars. Details, to finance exploration activities amounted to 2.3 billion U.S. dollars, the development of 5 billion U.S. dollars, 14.7 billion U.S. dollars of production, general and administrative expenses of 1.5 billion U.S. dollars.

Recorded WK exploitation drilling plans in 1177 as development wells, 1094 wells rework (work over), and 99 exploration wells.

As for the WK exploration budget of $ 2.7 billion. For information, investment in exploration WK is still a cost burden to the contractor that exploration activities can be developed to be produced commercially.

"We asked the contractor KKS immediately implement the approved work plan, so that the target production and revenues can be achieved," said Wacik.