Pertamina to explore more oil reserves<\/p>\n
P.C. Naommy, The Jakarta Post, Jakarta<\/p>\n
State oil and gas company PT Pertamina plans to do an advanced
\nstudy on its Pondok Tengah Bekasi oil field for the possible
\nexploration of new wells to meet this year's production target of
\n140,000 barrel per day.<\/p>\n
"We will do further studies in Pondok Tengah Bekasi some time
\nthis year to find more oil reserves," said Arya Dwi Paramita, of
\nmedia relations for Pertamina, on Monday.<\/p>\n
He further said that the new oil reserve found at the site,
\nSumur Pondok Tengah (PDT-1), would contribute 233 million barrels
\nof oil (MMBO), almost a quarter of the total of one billion
\nbarrels of new oil reserves found by Pertamina.<\/p>\n
The new PDT-1 oil reserve located in Buni Baru village,
\nBabelan subdistrict, Bekasi, was discovered by New Venture under
\nthe coordination of the central office of Pertamina. Its
\nexploitation has yet to be handed over to the downstream
\noperational office of West Java, he added.<\/p>\n
Arya said that the exploration of PDT-1 began in 1995 and the
\ndrilling of the well was completed at the end of 2003 with a
\nfinal depth of 2,311 meters. "We've already sealed the new well
\nwith a 'Christmas tree' until the production phase begins."<\/p>\n
Pertamina has other oil wells in Bekasi, in the Tambun area,
\nwhich already produce crude oil. Production reached 2.23 million
\nbarrels of oil in 2003, with an average production of 6,126.1
\nbarrels per day.<\/p>\n
There are five areas in Tambun that produce crude oil, namely
\nBlock A with four wells, Block B and Block C have two wells each,
\nBlock F with five wells (one well has yet to be drilled), and
\nBlock G with two wells. All the oil wells are under the West Java
\nDownstream Operation office.<\/p>\n
Other new oil reserves, part of the one billion barrels of new
\noil reserves, are under the Downstream Operation offices of
\nCentral Sumatra, South Sumatra, East Java, and in the Matindok
\nblock in Central Sulawesi.<\/p>\n
Pertamina is also conducting seismic tests at an oil reserve
\nin the Western Desert of Iraq and is also involved in a joint
\nventure for oil production with Petronas (Malaysia) and PIDC
\n(Vietnam).<\/p>",
"url": "https:\/\/jawawa.id\/newsitem\/pertamina-to-explore-more-oil-reserves-1447893297",
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"sponsor": "Okusi Associates",
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