BP Migas Indonesia handling 10 oil and gas projects amount U.S. $ 4.7 billion

Upstream Oil and Gas Executive Agency (BP Migas) in the near future will soon handle 10 oil and gas projects. Nine of the 10 projects of which is dominated by gas. This was conveyed by the Head of Public Relations Division, Securities, and BP Migas Formality Pradnyana Gde.

"Ten of this project was U.S. $ 4.725 billion degan design capacity of 1,750 cubic feet of natural gas well per day, 26,000 (barrels) of condensate per day, and 20,000 (barrels) per day. The range of the first production between 2011 and 2014," said Gde.

These projects are projects that are beyond the Banyu Urip field development, Block Cepu, which investasainya value estimated at U.S. $ 1.3 billion. Where production is targeted to reach 165 thousand barrels per day (bpd) in 2014.

Added Gde, one of the 10 projects only one project which is the husband of the earth, namely the development of the Ujung Pangkah dioperatori Hess Indonesia with a design production capacity of 20,000 ph ubik and 150 million feet of natural gas per day. The rest enlivened by the gas project.

Here is the data on 10 projects is delivered by Gde:

1. Madura BD Development Project
- Operator: Husky Oil Madura
- Gas Production: 100 mmscfd
- Condensate Production: 6600 bph
- Early Production in QIV 2014

2. Terang Sirasun Batur Project
- Operator: Kangean Energy Indonesia
- Gas Production: 300 mmscfd
- Early Production in QII 2012

3. Gajah Baru Project
- Operator: Premier Oil Natuna
- Gas Production: 210 mmscfd
- Early Production in QIV 2011

4. Ruby Gas Development Project
- Operator: Pearl Oil Sebuku
- Gas Production: 100 mmscfd
- Produki Beginning in 2013 QIII

5. South Mahakam Field Development Phase 1 & 2 Project
- Operator: Total E & P Indonesie
- Gas Production: 128 mmscfd
- Condensate Production: 5900 bph
- Early Production at QIII 2012

6. South Belut Project
- Operator: ConocoPhillips
- Gas Production: 120 mmscfd
- Condensate Production: 1,000 bpd
- Early Production in QIV 2013

7. Jambi Merang Field Development Project
- Operator: JOB Pertamina-Talisman Jambi Merang
- Gas Production: 155 mmscfd
- Condensate Production: 12,500 bpd
- Early Production in QII 2011

8. Ujung Pangkah Development Project
- Operator: Hess Indonesia Pangkah
- Gas Production: 150 mmscfd
- Oil production: 20,000 bpd
- Early Production at QIII 2011

9. Naga Pelikan Project
- Operator: Premier Oil Indonesia
- Gas Production: 130 mmscfd
- Early Production in QIV 2013

10. Side Nubi 2B Project - New Platform
- Operator: Total E & P Indonesia
- Gas Production: 350 mmcfd
- Early Production In QII 2013.

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