Indonesia’s Pertamina EP Discovers New Gas and Oil Reserve
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Pertamina Exploration and Production, the exploration arm of state energy firm Pertamina, announced on Thursday (23/08) a discovery of a new gas, oil and condensate reserve in West Java.
The company, known also as Pertamina EP, found the reserve while drilling the Akasia Maju wells at the company’s Jatibarang field in Indramayu. The operation was completed on Monday, at a final depth of 2,517 meters.
In a production test, from one of the wells the company managed to extract 1,700 barrels of oil per day. Currently, the Jatibarang field produces 5,180 barrels of oil per day. The company wants increase it to 5,890 barrels.
“Thank god all the effort we’ve put into it gave positive results. We’re certain that with our synergy and hard work we can contribute to the nation’s achievements in production,” Pertamina EP exploration and new discovery project director Achmad Alfian Husein, said.
The discovery also opens the possibility of further exploration of the area.
Jatibarang field has been in operation since 2017. Pertamina EP currently manages 50 onshore structures and one offshore, with 170 oil and gas producing wells in the field.
Questions & Answers
Q.What kind of resources did Pertamina EP discover in West Java?
What kind of resources did Pertamina EP discover in West Java?
Pertamina EP discovered a new reserve containing gas, oil, and condensate. This find was made at the Akasia Maju wells within the company's Jatibarang field in Indramayu.
Q.What is the current daily oil production of the Jatibarang field?
What is the current daily oil production of the Jatibarang field?
The Jatibarang field currently produces 5,180 barrels of oil per day. Following the new discovery, Pertamina EP aims to increase this production to 5,890 barrels daily.
Q.How deep did Pertamina EP drill to find this new reserve?
How deep did Pertamina EP drill to find this new reserve?
The drilling operation for the new reserve reached a final depth of 2,517 meters. From one of the wells, a production test showed an extraction rate of 1,700 barrels of oil per day.
Q.When did the Jatibarang field begin its operations?
When did the Jatibarang field begin its operations?
The Jatibarang field has been operational since 2017. Pertamina EP currently manages 50 onshore structures and one offshore, with 170 producing oil and gas wells in the field.
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