Pertamina EP Proves Gas Reserves In Donggi Well-6

abarrelfull wrote on 29 Mar 2012 10:43
Tags: asia indonesia pertamina upstream

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Pertamina EP has successfully proved gas reserves in the Donggi Structure, Central Sulawesi, with the production test on the Donggi-6 well confirming a gas output of 17 million metric standard cubic feet per day (MMFSCD).

“We are grateful that the success of the Donggi-6 well has made another achievement story for Pertamina EP in proving oil and gas reserves in the first two months of 2012. The successful production test on the Donggi-6 well has strengthened Pertamina EP’s optimism in achieving its target of gas distribution from the Donggi Structure in the fourth quarter of 2014,” Pertamina EP President Director, Syamsu Alam, said in the company’s press statement on Sunday (4/3).

The Donggi-6 well is one of eight wells set to make productions in the Donggi Field, which is part of the Matindok Gas Development Project operated by Pertamina EP. The Matindok area includes Donggi, Matindok, Maleoraja and Minahaki fields. The project’s Plan of Development (POD) already secured an approval from Indonesia’s Upstream Oil and Gas Agency (BPMIGAS) on December 24, 2008.

The Matindok Gas Development Project is one of Pertamina EP’s efforts in monetizing 105 MMSCFD of gas in the area, which is set to be supplied to LNG and PLN refineries. The supply to LNG is allocated at 85 MMSCFD, while PLN is set to receive 20 MMSCFD.

Pertamina EP is a gas producer that supplies domestic customers, particularly industries. Out of the company’s total sales contracts, 71 percent of them signed with industrial customers – directly or through PT PGN. The supplies include those allocated for fertilizers and steel industries. Apart for industrial customers, 28.5% of Pertamina EP’s gas supplies go to power plants, which generate electricity for industrial purposes. Meanwhile, the rest of the gas supplies are allocated for several cities and fuel consumption.

Pertamina EP has shown significant increases in its gas productions in the past five years. In 2006, its output reached 869 MMSFCD, and jumped by 12.7 percent to 980 MMSFCD in 2007. The output then reached 1.003 MMSFCD in 2008, or 2.3 percent higher than in the previous year. In 2009, a 3.9 percent increase took place, making the production stand at 1.043 MMSCFD. This increasing trend continued in 2010 and 2011, with its outputs reaching 1.054 MMSFCD and 1.070 MMSCFD, respectively. (ALF)

• Pertamina EP Proves Gas Reserves In Donggi Well-6

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