Jakarta (ANTARA News) - Pertamina Hulu Energi West Madura Offshore (PHE WMO) plans to operate three new oil and gas drilling platforms in the West Madura block.
The operation of the three platforms PHE-38B, PHE-39 and PHE-54 is expected to contribute to increasing the oil production of the subsidiary of PT Pertamina PHE, which is owned by state oil and gas company PT Pertamina.
PHE President Salis Aprilian said construction of the three platforms are now in the final phase of completion.
Based on construction contract, they are to be ready for operation by September this year, Salis said.
"By the end of this year, the oil production target of PHE WMO is set at 21,000 barrels per day," he said in a statement issued here on Monday.
Currently oil production from the WMO block averages 10,500 barrels per day.
Salis said PHE WMO will drill 21 wells this year including 9 explorations wells and 12 development wells and 15 work over wells.
Gde Pradnyana, the deputy for the operation control of the Upstream Oil and Gas Executive Board (BPMIGAS), said PHE will also put again into operation PHE-40 offshore platform.
The platform has been repaired and is ready to resume operation after being hit by cargo ship in 2010.
The reactivation ceremony was marked with the launch of the platform in Jakarta`s Tanjung Priok port on Monday.
It will be sent to the WMO block 70 miles off shore of the coast of Sampang, Madura.
The platform produced 1,600 barrels of oil and 15 million cubic feet of gas per day before it was hit and damaged by the cargo ship.
The WMO block began production in 2005 with peak production at 9,500 barrels of oil and 38 million cubic feet of gas per day in 2007.
Senior Executive Vice President & General Manager of PHE WMO Imron Asjhari said PHE WMO targets to produce 40,000 barrels of oil and 210 million cubic feet of gas per day in 2016 or equivalent to 75,000 barrels of oil per day.
In order to achieve the production targets, PHE WMO will drill more than 25 exploration wells, 75 development wells and more than 10 work-over wells, and installed more than 10 new platforms until 2016.(*)
Editor: Heru
