Investment of More than Rp 826 Billion, PHE ONWJ is Ready to Produce YYA Wells

Investment of More than Rp 826 Billion, PHE ONWJ is Ready to Produce YYA Wells

KARAWANG – PT Pertamina Hulu Energi Offshore North West Java (PHE ONWJ) which is incorporated in Zone 5 Java Regional Upstream Subholding is ready to continue the YY offshore oil and gas Field Development Optimization (OPL) project in the northern waters of Karawang, West Java. A number of stages have been completed including modification, installation, and reconstruction of the YYA platform at the YYA-1 RW (relief well) site.

Based on SKK Migas data, the investment value to continue the OPL project from the YY well reached US$ 56 million or more than Rp 826 billion. The YY well is projected to produce 2,000 barrels of oil per day (BOPD) and 1 million standard cubic feet of gas per day (MMSCFD).

The ONWJ PHE project adds to the evidence of Pertamina’s capability, through its upstream subsidiaries, in managing offshore oil and gas fields.

Wiko Migantoro, President Director of PT Pertamina Hulu Energi as Pertamina Upstream Subholding, on Thursday (26/1/2022) directly inspected the operational readiness to ensure safety and security aspects, as well as the reliability of operating facilities in wells which will be one of the contributors to national oil and gas production.

“We emphasized that aspects of Health, Occupational Safety and Environment, as well as the reliability of operations on various lines must be ensured carefully and managed starting from the planning, execution, and later stages of operation,” he said in a written statement received by Dunia-Energi.

The visit was also attended by Director of Development & Production of PHE Awang Lazuardi, Director of PHE ONWJ Wisnu Hindadari, General Manager of Zone 5 Achmad Agus; and management of Zone 5 Java Regional and Pertamina Upstream Subholding management.

The YYA-1RWST well is a re-entry and side-track from the YYA-1RW Relief Well and by refurbishing the old installation. In the future, this well is expected to become part of the production wells in the ONWJ field.

Currently, PHE ONWJ’s overall oil production reaches 27,080 BOPD and gas reaches 80.01 MMSCFD. This amount was produced from around 247 wells. However, the number of wells will continue to increase because PHE ONWJ is carrying out well intervention and drilling efforts.

Until now the Field Development Optimization team has focused on completing the final stages and is targeted to be on stream at the end of January. With the production of the YYA well, it is expected to contribute significantly to the increase in production at PHE ONWJ. YY Field Development Optimization Reserves reached 2.7 Million Barrels of Oil (MMBO) and 3.1 Billion Cubic Feet (BCF). (RA)

 

Source : https://www.dunia-energi.com/investment-of-more-than-rp-826-billion-phe-onwj-is-ready-to-produce-yya-wells/

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