The oil and gas industry has played a crucial role in Indonesia's economic development, accounting for 1/4 of GDP and 30% of government revenues by 2012. Indonesia ranks highly in Southeast Asia for oil and gas investment and is the 9th largest destination for foreign direct investment, due to its promising reserves, increasing number of production blocks, production sharing contract system, and investment incentives. The government is working to find more proven resources and maintain production levels to meet increasing energy demand and support continued economic growth.
Greetings,
Attached FYI ( NewBase Special 27 July 2015 ) , from Hawk Energy Services Dubai . Daily energy news covering the MENA area and related worldwide energy news. In todays’ issue you will find news about:-
we would appreciate your actions to send to all interested parties that you may wish. Also note that if you or your organization wish to include your own article or advert in our circulations, please send it to :-
khdmohd@hotmail.comor khdmohd@hawkenergy.net
Best Regards.
Khaled Al Awadi
Energy Consultant & NewBase Chairman - Senior Chief Editor
MS & BS Mechanical Engineering (HON), USA
Emarat member since 1990
ASME meme since 1995
Hawk Energy since 2010
Global Development & Trends in Turkey & its Neighbours & the Rest of the Oil ...ITE Oil&Gas
Presentation at TUROGE 2014 (Turkish International Oil and Gas Conference) on Global Development & Trends in Turkey and its Neighbours & the Rest of the Oil and Gas Producing World.
By Huseyin Yakar - Deputy Director, Strategy Department, TPAO
Greetings,
Attached FYI ( NewBase Special 27 July 2015 ) , from Hawk Energy Services Dubai . Daily energy news covering the MENA area and related worldwide energy news. In todays’ issue you will find news about:-
we would appreciate your actions to send to all interested parties that you may wish. Also note that if you or your organization wish to include your own article or advert in our circulations, please send it to :-
khdmohd@hotmail.comor khdmohd@hawkenergy.net
Best Regards.
Khaled Al Awadi
Energy Consultant & NewBase Chairman - Senior Chief Editor
MS & BS Mechanical Engineering (HON), USA
Emarat member since 1990
ASME meme since 1995
Hawk Energy since 2010
Global Development & Trends in Turkey & its Neighbours & the Rest of the Oil ...ITE Oil&Gas
Presentation at TUROGE 2014 (Turkish International Oil and Gas Conference) on Global Development & Trends in Turkey and its Neighbours & the Rest of the Oil and Gas Producing World.
By Huseyin Yakar - Deputy Director, Strategy Department, TPAO
New base 19 november 2021 energy news issue 1470 by khaled al awadiKhaled Al Awadi
NewBase 19 November 2021 Energy News issue - 1470 by Khaled Al Awadi
NewBase 19 November 2021 Energy News issue - 1470 by Khaled Al Awadi
NewBase 19 November 2021 Energy News issue - 1470 by Khaled Al Awadi
NewBase 19 November 2021 Energy News issue - 1470 by Khaled Al Awadi
NewBase 19 November 2021 Energy News issue - 1470 by Khaled Al Awadi
Presentation at TUROGE 2014 (Turkish International Oil and Gas Conference) on Turkish E&P Sector & New Petroleum Law.
By Ali Yildizel - E&P Group Leader at PETFORM
New base energy news issue 877 dated 21 june 2016Khaled Al Awadi
Greetings,
Attached FYI (NewBase Special 21 June 2016 ) , from Hawk Energy Services Dubai . Daily energy news covering the MENA area and related worldwide energy news. In today’s issue you will find news about:-
• UAE: Dubai Municipality to set up largest plant in Middle East to convert solid waste into energy at cost AED2 billion
• Saudi Arabia's crude oil exports fall in April despite high output
• Egypt: OneSubsea awarded subsea production systems contract for the Zohr development
• Egypt: BP sanctions fast-track development of Atoll discovery in
• Morocco: Sound Energy provides update on the Tendrara and Meridja wells
• Norway: Statoil and partners study Troll post-2020 output expansion
• Myanmar Expected to Export 515 bcf of Gas in 2016-17
• U.S. Gas Hits 9-Month High as Power Use Jumps on Summer Heat
• US:In the Birthplace of U.S. Oil, Methane Gas Is Leaking Everywhere
• Oil prices fall for first time in three days
• Raymond James: Get Ready for $80 Oil
• Shell takes unconventional route with shale refocus
• A Quick Trip to the Oil Patch Shows Energy-Related Losses Rising
we would appreciate your actions to send to all interested parties that you may wish. Also note that if you or your organization wish to include your own article or advert in our circulations, please send it to :- khdmohd@hotmail.com or khdmohd@hawkenergy.net
Best Regards.
Khaled Al Awadi
Energy Consultant & NewBase Chairman - Senior Chief Editor
MS & BS Mechanical Engineering (HON), USA
Emarat member since 1990
ASME meme since 1995
Hawk Energy since 2010
New base energy news issue 923 dated 06 september 2016Khaled Al Awadi
Greetings,
Attached FYI (NewBase 06 September 2016 ) , from Hawk Energy Services Dubai . Daily energy news covering the MENA area and related worldwide energy news. In today’s issue you will find news about:-
• Qatargas enters into new LNG pact with UK Centrica
• Somaliland: Sterling Energy granted 2 year extension to the Odewayne
• Algeria's energy exports rise 8 percent in August
• Norway: OMV awards Wisting development study to Sevan Marine
• Bangladesh: KrisEnergy begins Bangora drilling onshore
• Thailand: Mubadala spuds Manora appraisal/development well
• Russia's Rosatom says ready to build 16 Saudi nuclear power stations
• Brent steady after rise on Russia-Saudi pact
• Saudi-Russia Output Talk Disappoints Oil-Market Bulls: Chart
• Brent steady after rise on Russia-Saudi pact
• Oil and gas production to rise as huge new projects come online
we would appreciate your actions to send to all interested parties that you may wish. Also note that if you or your organization wish to include your own article or advert in our circulations, please send it to :-
khdmohd@hotmail.com or khdmohd@hawkenergy.net
Best Regards.
Khaled Al Awadi
Energy Consultant & NewBase Chairman - Senior Chief Editor
MS & BS Mechanical Engineering (HON), USA
Emarat member since 1990
ASME meme since 1995
Hawk Energy sin
Lyes Boudiaf. Founder & President of Isly Holdings. Algeria. Lyes Boudiaf has been decorated as knight of the honorary Order of Merit of the State of Portugal
10 Things That May Affect the Future of Subsea ProductionHubie Fix
The oil and gas industry is facing challenges and dilemmas encountered in 2009 such as contract delays, furloughs and rig closures are resurfacing. As oil and gas prices continue to decline, oil companies are starting to consider rig stacking as an alternative to reducing overhead and operating costs. This presentation explored what the future might hold for the subsea market, current infrastructures and future deepwater project development.
This presentation was presented at the 2015 Deepwater Technical Symposium in New Orleans, Louisiana.
Lng outlook and market webinar sept 2020Sampe Purba
This short presentation describes the imbalance of LNG supply demand globally. In such a situation the commercial flexibility from supply sides do required, along with the infrastructures to bring gas to the new unconventional traditional market
New base 19 november 2021 energy news issue 1470 by khaled al awadiKhaled Al Awadi
NewBase 19 November 2021 Energy News issue - 1470 by Khaled Al Awadi
NewBase 19 November 2021 Energy News issue - 1470 by Khaled Al Awadi
NewBase 19 November 2021 Energy News issue - 1470 by Khaled Al Awadi
NewBase 19 November 2021 Energy News issue - 1470 by Khaled Al Awadi
NewBase 19 November 2021 Energy News issue - 1470 by Khaled Al Awadi
Presentation at TUROGE 2014 (Turkish International Oil and Gas Conference) on Turkish E&P Sector & New Petroleum Law.
By Ali Yildizel - E&P Group Leader at PETFORM
New base energy news issue 877 dated 21 june 2016Khaled Al Awadi
Greetings,
Attached FYI (NewBase Special 21 June 2016 ) , from Hawk Energy Services Dubai . Daily energy news covering the MENA area and related worldwide energy news. In today’s issue you will find news about:-
• UAE: Dubai Municipality to set up largest plant in Middle East to convert solid waste into energy at cost AED2 billion
• Saudi Arabia's crude oil exports fall in April despite high output
• Egypt: OneSubsea awarded subsea production systems contract for the Zohr development
• Egypt: BP sanctions fast-track development of Atoll discovery in
• Morocco: Sound Energy provides update on the Tendrara and Meridja wells
• Norway: Statoil and partners study Troll post-2020 output expansion
• Myanmar Expected to Export 515 bcf of Gas in 2016-17
• U.S. Gas Hits 9-Month High as Power Use Jumps on Summer Heat
• US:In the Birthplace of U.S. Oil, Methane Gas Is Leaking Everywhere
• Oil prices fall for first time in three days
• Raymond James: Get Ready for $80 Oil
• Shell takes unconventional route with shale refocus
• A Quick Trip to the Oil Patch Shows Energy-Related Losses Rising
we would appreciate your actions to send to all interested parties that you may wish. Also note that if you or your organization wish to include your own article or advert in our circulations, please send it to :- khdmohd@hotmail.com or khdmohd@hawkenergy.net
Best Regards.
Khaled Al Awadi
Energy Consultant & NewBase Chairman - Senior Chief Editor
MS & BS Mechanical Engineering (HON), USA
Emarat member since 1990
ASME meme since 1995
Hawk Energy since 2010
New base energy news issue 923 dated 06 september 2016Khaled Al Awadi
Greetings,
Attached FYI (NewBase 06 September 2016 ) , from Hawk Energy Services Dubai . Daily energy news covering the MENA area and related worldwide energy news. In today’s issue you will find news about:-
• Qatargas enters into new LNG pact with UK Centrica
• Somaliland: Sterling Energy granted 2 year extension to the Odewayne
• Algeria's energy exports rise 8 percent in August
• Norway: OMV awards Wisting development study to Sevan Marine
• Bangladesh: KrisEnergy begins Bangora drilling onshore
• Thailand: Mubadala spuds Manora appraisal/development well
• Russia's Rosatom says ready to build 16 Saudi nuclear power stations
• Brent steady after rise on Russia-Saudi pact
• Saudi-Russia Output Talk Disappoints Oil-Market Bulls: Chart
• Brent steady after rise on Russia-Saudi pact
• Oil and gas production to rise as huge new projects come online
we would appreciate your actions to send to all interested parties that you may wish. Also note that if you or your organization wish to include your own article or advert in our circulations, please send it to :-
khdmohd@hotmail.com or khdmohd@hawkenergy.net
Best Regards.
Khaled Al Awadi
Energy Consultant & NewBase Chairman - Senior Chief Editor
MS & BS Mechanical Engineering (HON), USA
Emarat member since 1990
ASME meme since 1995
Hawk Energy sin
Lyes Boudiaf. Founder & President of Isly Holdings. Algeria. Lyes Boudiaf has been decorated as knight of the honorary Order of Merit of the State of Portugal
10 Things That May Affect the Future of Subsea ProductionHubie Fix
The oil and gas industry is facing challenges and dilemmas encountered in 2009 such as contract delays, furloughs and rig closures are resurfacing. As oil and gas prices continue to decline, oil companies are starting to consider rig stacking as an alternative to reducing overhead and operating costs. This presentation explored what the future might hold for the subsea market, current infrastructures and future deepwater project development.
This presentation was presented at the 2015 Deepwater Technical Symposium in New Orleans, Louisiana.
Lng outlook and market webinar sept 2020Sampe Purba
This short presentation describes the imbalance of LNG supply demand globally. In such a situation the commercial flexibility from supply sides do required, along with the infrastructures to bring gas to the new unconventional traditional market
How can you craft compelling email subject lines that increase your open rates? Presentation given by Amanda Gagnon on February 28, 2012 at the Greater Philly Email Marketers Meetup: http://www.meetup.com/Greater-Philly-Email-Marketers/
4.Mercado Imobiliário na Internet - Exclusividade 2 - Diego Simon - VivaReal ...Guru do Corretor
Palestra realizada para o mercado imobiliário de Fortaleza, no Seminário de Marketing Imobiliário na Internet.
Evento pioneiro no Brasil realizado pelo portal imobiliário VivaReal.
Gas Arabia Summit: Unconventional Gas Developments in the GulfEnergy Intelligence
Rana Samaha, Middle East R&A Director at Energy Intelligence, presented at the 10th Gas Arabia Summit, Dubai, January 13, 2015.
These slides include content on:
1.) US Shale gas developments: Key success factors
2.) GCC gas imbalances; role of unconventional gas developments
3.) GCC NOC's different approaches; Saudi Aramco's mandate
Moving the Oil and Gas Sector to the Next Level
2013 Ministerial Mid-term press briefing
Presentation by Diezani Alison-Madueke (Mrs.) CON Honourable Minister, Ministry of Petroleum Resources
A presentation delivered by Cabot Oil & Gas at the Scotia Howard Weil Energy Conference in New Orleans in March 2016. During the presentation we learn Cabot plans to complete 40 wells in the Marcellus in 2016 and grow production slightly--up to 7% in 2016 over 2015.
The slide presentation used at the Analyst Day presetation at the Ritz-Carlton in Dallas. The slides contain information about the Mariner East 1 & 2 pipelines and Sunoco's estimates of when those projects will be operational.
El periodico mas importante del mundo con informacion de la industria minero energetico, Platts Oilgram News, propiedad del gruppo McGraw Hills, en un articulo sobre los ataques contra la industria petrolera en Colobia, toma como fuente a Agora Consultorias
The revival and transformation of Europe’s largest onshore oilfield; the Pato...Albania Energy Association
Presentation: The revival and transformation of Europe’s largest onshore oilfield; the Patos-Marinza field
Leonidha Çobo, General Manager, Bankers Petroleum Albania Ltd
The revival and transformation of Europe’s largest onshore oilfield; the Pato...
Andalusia Bumi Energi
1.
2. 1. OIL & GAS INDUSTRY HAS PLAYED A CRUCIAL ROLE IN THE
INDONESIA ECONOMIC DEVELOPMENT.
2. BY THE END OF 2012, THE INDUSTRY IS ACCOUNTED 1/4 OF
COUNTRIES GDP, (GREW 3-6 % ANNUAL RATE) 30 % OF
GOVERNMENT REVENUES (US$ 30-35 BILLION), AND ½ OF
MERCHANDIZED EXPORTS
3. INDONESIA IS RANKED HIGH IN THE SOUTH EAST ASIA REGION
FOR OIL AND GAS INVESTMENT AND 9TH MAJOR DESTINATION
FOR FOREIGN DIRECT INVESTMENT BECAUSE :
PROMISING PROSPECT (OIL : 7,408 MMSTB & GAS : 151 TCF)
INCREASING NEW PETROLEUM BLOCK (350 BLOCKS IN
OPERATION)
PROVIDING LARGE BENEFIT THROUGH PRODUCTION SHARING
CONTRACT SYSTEM
PROMOTING FAVORABLE INVESTMENT INCENTIVES
PRO MOTING EQUAL OPPORTUNITY FOR ANY PETROLEUM
INVESTMENT
INVESTMENT PROSPECTIVITY
3. 3
4692
1576
596
402
49
66
7
20
OIL & CONDENSATE (IN THOUSAND
MSTB)
P1 P2 P3 TOTAL
3.741 1.939 1.728 7.408
*) P1+P2+P3 Status as of 1 Januari 2012
Opportunities
Indonesia’s Oil and Condensate Reserves *)
INDONESIA OIL & CONDENSATE RESERVES
4. 4
2.57
9.28
2.98
50.27
24.14
NATUNA
7.08
NORTH SUMATRA
15.21
16.03
CENTRAL SUMATRA
ACEH (NAD)
SOUTH SUMATRA
WEST JAVA
5.26
EAST JAVA
EAST BORNEO
CELEBES
MOLUCCAS
PAPUA
(Advance Resources Interational, Inc., 2003 processed)
PROVEN = 103.35 TSCF
POTENTIAL = 47.35 TSCF
TOTAL = 150.70 TSCF
CBM RESOURCES = 453.30 TCFGAS RESERVES
(As of January 1st 2012)
Total CBM Basin = 11
(Advance Resources International, Inc., 2003)
Contract Signed up to 2012 : 54
CBM PSCs
SHALE GAS POTENTIAL
1.23
16.65
The Government is
currently doing prelimi nary
study & collecting data
about Shale Gas potential in
Indonesia
INDONESIA GAS RESOURCES & RESERVES
5. With the sharply increase of fuel demand and energy security the GOI needs to find
more proven resources & maintain stable existing oil & gas production. THEREFORE,
THE GOI IS INVITE NEW INVESTOR TO DEVELOP ABUNDANT PETROLEUM
INVESTMENT PERFORMANCE
7. INDONESIA HAS LOW PRODUCTION COST
3.00
3.50
4.00
4.50
5.00
5.50
6.00
6.50
7.00
2002 2003 2004 2005 2006 2007
US$perBOE
Production Cost
USA
Worldwide
Indonesia
Source: Performance Profiles of Major Energy Producers 2006, Energy Information Agency (EIA)
INDONESIA HAS LOW PRODUCTION COST
8. NET INCOME PER BOE
$0.00
$3.00
$6.00
$9.00
$12.00
$15.00
$18.00
2002 2003 2004 2005 2006
1. Worldwide 2. United States 3. Canada 4. Europe
5. Africa & Middle East 6. Asia-Pacific 7. South & Central America 8. Russia & Caspian
$/boe
2
4
6
8
First Break, Vol.25, Oct.,2007
.
9. PRODUCTION SHARING CONTRACT SYSTEM. OIL
PROJECT : 85% (GOI) & 15 (PSC) AND GAS : 70 %
GOVERNMENT OF INDONESIA
SIDE
• Fulfilling energy demand
• Finding more resources
and transfer it proven
reserves
• Maintaining production
output
• Optimizing Cost of
Petroleum Operations
• National/ Local
Capability and Capacity
enhancement
• Maintaining Macroecono
mic growth
• Securing of Energy
Supply
• Optimized GOI Take
INVESTORS SIDE
• Rights to Monetize
• Stability of Contract/
Contract sanctity
• Enforceable
International
Arbitration
• Competitive PSC
fiscal regime
• Legal Certainty
• Accessing to Blocks
• Optimizing Portfolio
MUTUAL BENEFIT ON THE BUSINESS
10. CONTRACTOR has technical competence and professional skills
necessary to carry out the Petroleum Operations .
CONTRACTOR shall be responsible to SKKMIGAS for the
execution of such operations in accordance with the provisions
of the PSC
CONTRACTOR shall carry the risk of Operating Costs required
in carrying out operations and shall therefore have an economic
interest in the development of the Petroleum deposits in the
Contract Area.
SKKMIGAS shall have and be responsible for the management
of the operations contemplated hereunder.
CONTRACTOR will recover all Operating Costs out of the sales
proceeds or disposition of the required quantity of Crude Oil
equal in value to such Operating Costs. Operating Costs means
expenditures made and obligations incurred in carrying out
11. SEGERA!
DIRECTORATE OF OIL AND GAS
10 % OF
INDONESIA
PARTICIPATION
JOINT
STUDY
TENDER
FOR
NEW BLOCK
APPROVAL
OF
PLAN OF
DEVELOPMENT
MONITORING
FIRM
COMMITMENT
SIGNING
OF
PSC CONTRACT
PROJECT
DEVELOPMENT
PRODUCTION
OIL
85 : 15
GAS
70 : 30
PLAN OF
DEVELOPMENT
PROCESS
COST RECOVERY : SUNK
COST, CAPITAL AND OPERATION COST
BY PSC
SKKMIGAS
MINISTRY OF EMR
EXPLOITATION
BASIC : AFE AND WP&B
ANDALUSIA BUMI ENERGI
12.
13. Western part
• 20 prospects and 40 leads in Mesozoic; 3 leads in Palezoic.
• Average Geological Chance Factors 23% (Moderately Risk)
• Total Risked Resources 0.39 BBO + 5.7 TCF.
Eastern part
DEEP WATER (>200M) IN THE EASTERN PART
14. 14PRIVATE AND CONFIDENTIAL
182
9 2 3
91
36
108
93
55 59
88
0
50
100
150
200
MBOEPD
2013 2014 2015 2016 2017 2018 2019
Sumpal
Ruby
Peciko
7C
Peciko
7B
SisiNubi
2B
Madura BD
ANDE-
ANDE
LUMUT
Banyu Urip
Kepodang
Bukit Tua
JANGKRI
K
Senoro
IDD -
Bangka
IDD –
Gehem
Hub
Masel
a
Tanggu
h
Train 3
Ga
s
oIL
IDD –
Gendalo
Hub
MDA-
MBH
Major future oil &gas projects will be dominated by gas prospect in offshore
areas
ANDALUSIA INTEREST
17. • POD has been approved on November
30, 2011
• The Oil with approximately 25.000 to
(potential figures) 40.000 BOPD to be
produced from wellhead platform which is
to be bridge linked to FPSO for further
storage & offloading
• 6 initial development well will be drilled
using a jack up rig
• First Production stream is expected on Q-3
2015 (delay from planned 2014 )APPROVED EXPENDITURE 2013 IS US$ 29 MILLION
SALDO UNRECOVERED COST US$ 89 MILLION
TOTAL PROJECT INVESTMENT : 1,521 BILLION
18. Low Cost & Low Impact
Supply ATK, Toileteries,
Cattering, Cleaning Service, Antar jemput Pegawai
Penyewaan Kendaran, Rumah Dinas, Gudang
Perbaikan Jalan, Penimbunan Tanah
Supply Tenaga Kerja (Security,
Bila diperlukan kerjasama dengan BPD untuk pendanaan
Low Cost High Impact
AMDAL, UKL/ UPL
Jasa Inspeksi NDT
Kerjasama dengan Universitas, Perusahaan untuk
Knowledge & Skill Development
Kerjasana dengan BPD untuk pendanaan
OVERALL SCHEME OF THE PROJECT
S
T
O
R
A
G
E
A
N
D
O
F
F
L
O
A
D
I
N
G
F
P
S
O
C
E
N
T
R
A
L
P
R
O
C
E
S
S
I
N
OVERALL PROJECT SCHEME
19. 19PRIVATE AND CONFIDENTIAL
N
O
CRITERIA DESCRIPTION
1 FIELD ANDE ANDE LUMUT
2 PSC AWE (AUSTRALIAN)
3 BLOCK AREAS NORTHWEST NATUNA
4 POD APPROAVL 30/11/2011
5 ONSTREAM
TARGET(POD)
2014-2015
6 ONSTREAM (FORECAST) Q1 - 2015
REALIZATION OF EXPENDITURE VS POD VALUE
SUNK
COST
(MM
US$)
INVEST
MENT
(MM US$)
OPEX+AS
R
(MM
US$)
TOTAL
NILAI POD
(MM US$)
EXPENDITUR
RREALIZATIO
N
(MM US$)
PERSENTASE REALISASI EXP.
TERHADAP TOTAL NILAI POD
49.50 599.80 871.90
1,521.2
0
89 5.85 %
MAIN ISSUES
o PRODUCTION TARGET IS DELAYED
FROM 2014 TO Q-3 2015 DUE FARM
OUT PROCESS FROM GENTING OIL TO
AWE.
o PROCUREMENT ISSUES SHOULD BE
DEVELOPED BY FEED COMBINED
APPROACH.
o FPSO LEASED MUST BE INDONESIAN
FLAG BASED ON LAW NO 17/2008
REGARDING SHIPPING
o 10 % FARM OUT SHOULD BE
TRANSFRRED TO LOCAL
ENTERPRENEURSHIP AUTHORITIES
SCOPE OF ACTIVITY
PLAN OF DEVELOPMENT REALIZATION
Drilling : 43 wells
Production Facilities
o 1 Wellhead Platform construction
o FPSO aframax types
BASIC OF DEESIGN HAS BEEN
COMPLETED. FEED WELL HEAD
PLATFOM AND COMBINED FEED +
LEASED FPSO IS BEING TENDERED.
TARGET OF PRODUCTION BASED ON
POD)
NO PARAMETER DESCRIPTION
1 CUMULATIVE
PRODUCTION
Oil : 43.5 MMbbl
2 INITIAL
PRODEUCTION
RATE
Oil : 5 Mbopd
3 PEAK OF
PRODUCTION
Oil : 25 Mbopd
4 PRODUCTION
DURATION
10 YEARS
CURRENT PROJECT STATUS
20. 20
• JV Eni 55% and GSZ 45%
Discovery wells: Jangkrik-1 - Mar 2009
Jangkrik NE-1 - Jul 2011
Location: Kutei Basin, 70 Km
offshore East Kalimantan
450 m W.D.
• Jangkrik field POD I approved in Nov
2011
• Jangkrik NE POD II submitted in Oct
18, 2012
• Production Plan : q2 2015– 300 mmscfd
Jangkrik NE
Bontang LNG
OVERVIEW JANGKRIK PROJECT
21. 21PRIVATE AND CONFIDENTIAL
NO CRITERIA DESCRIPTION
1 FIELD JANGKRIK
2 PSC ENI MUARA BAKAU
3 BLOCK AREAS MUARA BAKAU
4 APOPROVAL POD 30/12/2011
5 ONSTREAM TARGET 2015
6 ONSTREAM (FORECAST) Q3 - 2015
REALISASI EXPENDITURE VS NILAI POD
SUNK
COST
(MM
US$)
INVESTME
NT
(MM US$)
OPEX+AS
R
(MM US$)
TOTAL POD
VALUE (MM
US$)
REALISATION
N
EXPENDITUR
E
(MM US$)
PERCENTAGE OF
REALIZATION TO POD
VALUE
235.10 2.14 0.78 238.02 513.16 215.60%
Main issues
Sharing facility (gas &
kondensat) with the east
kalimantan pipe line
system operating by Total
E&P Indonesie
SCOPE OF ACTIVITY
PLAN OF DEVELOPMENT REALIZATION
Drilling :
o Re-entry 3 eksisting wells
o 4 development well
Production Facilities :
o FPU development 300 MMscfd in
capacities
o Gas & Kondensat pipeline
o Onshore Receiving Facilities
o constructionBasic Engineering
100% completed
o PQ tender approved 25 Mei
2012
TARGET OF PRODUCTION (POD)
NO PARAMETER DESCRIPTION
1 CUMULATIVE
OF
PRODUCTION
Gas : 913 BSCF
Kond : 738 Mbbl
2 INITIASL
PRODUCTION
Gas : 288 Bscf
Kond : 488 bcpd
3 PEAK
PRODUCTION
Gas : 288 MMscfd
Kond : 488 bcpd
4 DURATION OF
PRODUCTION
14 YEARS
CURRENT PROJECT STATUS
22. • JANGKRIK TIE-IN SCOPE OF WORK
Tie-ins :
Tie-in 1a gas line : 24” JKK to 42” PCK-BDK at km 7
Tie-in 1b condensate line : 6” JKK to 12” HDL-PCK
Liquid line at km 7
Tie-in 2 gas line : 20” new gas line to 20” HDL-NLM
at km 21.65
3 new lines :
24” Onshore Jangkrik Gas Line : Landfall to km 7
6” Onshore Jangkrik Condensate Line : Landfall to
km 7
20” New Gas Line : Onshore receiving facility ORF
(200m from km7) to km 21.65
Jangkrik development under PSC Muara Bakau, consist of Jangkrik-
1 and Jangkrik North East
Location : Kutei Basin, 70 km offshore East Kalimantan, 450 m
WD
Capacity 450 MMscfd
Jangkrik field POD approved in November 2011
Basic Engineering completed in May 2012
Jangkrik NE POD II approval January 2013
FEED-EPCI 1 and 2 (FPU and Export Pipelines) bid plans
approved by BPMIGAS on July 2012. EPC 3 (SPS) bid plan
approved by BPMIGAS and under tender process
Project FID targeted by 4Q 2013
First Gas 2016 (subject to FPU Delivery) at the earliest
Tie in 1a/b
Tie-in 2
22
PIPELINE TIE IN PROGRAM
23. MINISTRY
OF FINANCE
STATE
REVENUE
OPPORTUNITY
JOINT STUDY
NEW BLOCK
FARM OUT/FARM IN
PSC ACQUISITION
UPST
REAM
THE PETROLEUM BUSINESS IN INDONESIA TODAY IS VERY DYNAMIC.
MANY BUSINESS OPPORTUNITIES ARE OPEN FOR INVESTMENT.
MINISTRY OF
ENERGY & MR
DIRECTORATE GENERAL
OIL AND GAS
DOWNSTREAM
-PIPELINE FEE
-- REFINERYSERVICES COMPANY
RELATED BUSINESS OPPORTUNITIES
SKKMIGAS AND PERTAMINA
COORDINATION
RELATED BUSINESS OPPORTUNITY
LIFTING TANKER
24. OVERALL PROJECT SCHEME
JOINT STUDY
INVESTOR TO DO THE STUDY AND DEVELOP IDENTIFIED HYDROCARBON
SITE WITHIN STUDY AREAS
NEW PETROLEUM BLOCK
INVESTOR PARTICIPATION THROUGH TENDER PROCESS (TWICE A YEAR)
FARM OUT/FARM IN
INVESTOR JOINT WITH LOCAL AUTHORITY TO GET 10 % INDONESIA
PARTICIPATION OR INVESTOR JOINT TO PSC FOR PARTICIPATION ANY
FARM OUT OFFERING
PSC ACQUISITION
INVESTOR TO BUY 100 % PSC SHARE (IT CAN BE INDIVIDU OR JOINT
VENTURE WITH OTHER INVESTOR)
VESSEL TANKER
INVESTOR JOINT WITH PERTAMINA TO BUILD NEW VESSEL TANKER OR
VIA PARTNERSHIP MODEL
SERVICE COMPANY
INVESTOR ESTABLISH SERVICE COMPANY IN INDONESIA FOR
EXPLORATION OR EXPLOITATION SCOPE