The Jakarta Post reported that PT Chevron Pacific Indonesia (CPI), the native unit of Chevron Corporation, has obtained approval to drill 22 new wells at six fields within the Rokan block in Riau Islands, referred to as the nation’s best oil block.
Yanto Sianipar, CPI’s senior vp for coverage, authorities and public affairs, mentioned the Upstream Oil and Gas Regulatory Special Task Force (SKKMigas) had accepted the corporate’s plans of additional improvement (POFD) in six totally different fields, particularly Sidingin, Hitam, Petapahan, Pematang, Ampuh and Sikladi.
“We hope these [development] initiatives will contribute to our efforts to fulfill this 12 months’s manufacturing goal that has beforehand been collectively set with the federal government,” Yanto instructed The Jakarta Post on Friday.
In the primary quarter of 2018, Rokan’s manufacturing averaged round 212,000 barrels of oil per day (bopd), down 5.48 % from 224,300 bopd all through final 12 months, as a result of block’s pure decline.
“We have undertaken efforts to decelerate the pure decline in manufacturing, together with by means of infill drilling and workover applications at various our lively fields,” Yanto mentioned.
CPI has just lately submitted a proposal to the SKKMigas to increase its operations in Rokan, as its contract for the block is slated to run out in 2021.
At the identical time, the corporate additionally granted state-owned oil and gasoline agency Pertamina entry to Rokan’s information room following the latter’s curiosity in taking up the block. (Source: The Jakarta Post – Image: Chevron)

The publish CHEVRON TO DRILL UP TO 24 WELLS IN THE ROKAN BLOCK IN RIAU ISLANDS appeared first on Energy Global News.

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