100 Days After Transfer of Management, WK Rokan Successfully Drilled 90 Wells and Production Increase
Pekanbaru, November 16, 2021 - PT Pertamina, through its subsidiary PT Pertamina Hulu Rokan (PHR), has maintain the Rokan Working Area (WK) performance. On its 100th day after management transfer, PHR WK Rokan has succeeded in drilling 90 tajak wells. It also increases the second-largest oil and gas work area production in the country.
"Indonesian and the people of Riau should be proud of the success of Rokan WK management transfer. We express our gratitude for the support of all relevant stakeholders. Therefore, WK Rokan continues to provide optimal contributions to the state and region," said VP of Corporate Affairs of PHR WK Rokan, Sukamto Tamrin, at a media gathering in Pekanbaru on Tuesday (16/11). The smooth transition of the Rokan work area becomes a note in the history of the oil and gas industry and a reference for other terminated oil and gas work area in Indonesia.
The Rokan WK smooth management transfer can be seen from the performance of work safety and production. PHR WK Rokan has recorded zero fatal accidents or NOA (Number of Accidents). In terms of production, PHR WK Rokan managed to reach 162 thousand BOPD (barrels of oil per day), or an increase of 4 thousand BOPD compared to before management transfer, which was in the range of 158,000 BOPD. Drilling of new wells and rework of old wells continue to increase production.
PHR WK Rokan production contributes about 25% of the total national oil production and is one of the backbones of efforts to achieve the national production target of 1 million barrels of oil per day (BPD) and 12 billion cubic feet of gas per day (bscfd) by 2030. PHR has officially managed WK Rokan since August 9, 2021.
In the first two months after management transfer, PHR WK Rokan also contributed state revenues through the sale of the state's share of crude oil of around IDR 2.1 trillion and tax payments of around IDR 607.5 billion, including taxes to the regions. The superior performance of PHR WK Rokan is significant in supporting national energy needs fulfillment, state, and regional income, as well as achieving Pertamina's vision to become a world-class national energy company.
PHR WK Rokan launched a massive and aggressive work plan to increase the productivity of WK Rokan through a program of drilling new production wells, managing base business performance to restrain the rate of natural production decline and reliability of operating facilities. PHR WK Rokan also made various breakthroughs so that the target for new wells could be achieved. It includes several drilling activities in parallel (offline activity), increased the reliability of drilling equipment, and developed careful planning in fulfilling supporting resources to avoid waiting times for service or materials.
As a result, PHR WK Rokan succeeded in shortening the time from drilling to initial production or put on production (POP). From previously around 22-30 days to around 15 days for the Sumatra Light Oil (SLO) operation area or wells producing light oil types. These breakthrough efforts are in line with Pertamina's spirit to increase productivity in efficient ways.
PHR WK Rokan's operation provides other multiplier effects such as job creation and business opportunities for local entrepreneurs that can encourage the improvement of the welfare of the local community. Increasing the intensity of upstream oil and gas activities in the Rokan work area will increase economic activity and investment in Riau.