Auzan Soedarmo has been confirmed as the 2017 recipient for the Henry DeWitt Smith Fellowship. This Fellowship is awarded to one promising graduate student who has shown merit in their studies and achievements so far. Soedarmo earned his B.S (Chemical Engineering) from Institut Teknologi Bandung (ITB), Indonesia, in 2010. He then worked for ExxonMobil Indonesia as a Facilities Surveillance Engineer. In 2013, he was awarded a Fulbright Scholarship for MS (masters) study.
A fresh wave of offshore project sanctions across Southeast Asia could boost greenfield investments in the oilfield service space by almost 70% in 2020, according to Rystad Energy. The growth will be driven by a handful of new megaprojects across Malaysia, Myanmar, and Vietnam, according to the latest tally of project commitments in Southeast Asia by the Norwegian energy research and consulting firm. New final investment decisions (FIDs) in 2021 are expected to sound the starting gun for big contract awards in Vietnam, Indonesia, and even politically troubled Brunei. "We anticipate that operators will aim to place most of the associated contracts within their domestic markets, which will be welcome news for local players like Sapura Energy, MMC Oil & Gas, MMHE, and many of the smaller yards," said Chinmayi Teggi, an analyst on Rystad Energy's oilfield service solutions (OFS) team. For suppliers, established local yards are set to make a splash, along with major international players.
Thank you for attending the SPE/IATMI Asia Pacific Oil & Gas Conference and Exhibition. The regional flagship event, SPE/IATMI Asia Pacific Oil & Gas Conference and Exhibition (APOGCE) 2019, returned to Bali, Indonesia 2019. Themed “Advancing through Emerging Technologies and Digitalisation”, APOGCE 2019 took a deeper look at how rapid advances in technology and innovation continue to enable the industry to access challenging conventional and unconventional resources. APOGCE also explored the transformational impact of digitalisation and examined ways it can change business operations, create savings and advance the industry.
During the period from 2005 to 2018, the oil prices had reached the highest level in 2008 (99.67 US$/bbl) and the lowest level in 2016 (43 US$/bbl). The fluctuation in oil prices will affects the cost of investment (drilling and surface facilities) worlwide. Based on this condition, the standardization of the Investment Cost is needed to help the government and contractor in estimating the cost of investment needed in an oil and gas project.
As per December 2018, there were 471 projects approved by the government of Indonesia and the 266 of them are projects that producing oil (oil projects) and gas (gas projects). In these projects, there are details of investment costs that are included in the economic evaluation. This paper will calculate and produce the Maximum Allowable Cost ("MAC") of surface facilities per boe (US$/boe) based on statistical analysis of 266 projects. Hopefully, this method can be used by the government of Indonesia as a reference (guidance) in giving approval for the cost of surface facilities and providing an overview to contractors regarding the estimated MAC of surface facilities in an oil and gas project that will be considered by the government of Indonesia.
For the purpose of this paper is, to divide the areas of Indonesia into 2 areas (Onshore and Offshore) which in each of these areas has 2 different types of projects (oil project and gas project). Then, to collect the data that related to cost of surface facilities and reserves and then the MAC of surface facilities per boe are calculated and produced using the Control Chart Analysis method. Lastly, the result will be distributed to those aforementioned areas.
Based on the analysis of 266 Projects in Indonesia, the MAC of surface facilities per boe in Onshore area are 20.80 US$/boe (oil project) and 18.59 US$/boe (gas project), while the MAC of surface facilities per boe in Offshore area are 14.32 US$/boe (oil project) and 27.62 US$/boe (gas projects). In general, the MAC of surface facilities per boe still far bellow the oil price.
Finally, this paper will show how to produce MAC of surface facilities per boe by using control chart analysis. This paper also expected to provide references for the government of Indonesia in giving approval to the cost of surface facilities proposed by contractors and provide contractors a quick look at oil and gas industry in Indonesia especially to those who plan to invest in Indonesia, and also help them create their petroleum exploration and exploitation strategy in Indonesia by considering on this information that will provide benefits for both government and contractor.
Based on the geophysical survey results, some part of the pipeline were found in free spans conditions. Interpretation from the geophysical survey shows that there were at least 181 free spans area along the pipeline with the length up to 200m and some of the pipeline was shown with span almost 3m above seabed. The ROV survey was then deployed to verify the free spans area and to check the other findings from the previous geophysical survey
Verification of freespan was conducted by setting up coordinates of the suspected area on the navigation software and ROV will start its investigation from the beginning of each free span to the end of it. Dual head scanning profilers, visual cameras which were installed on each side of the ROV and in front of vehicle were used to record pipeline condition along the suspected location. Position and depth of the ROV was overlaid to the video recording and the profile of seabed and pipeline along the inspected area were recorded in the navigation software
Information derived from the ROV inspection will then compared to the geophysical survey result and the final freespan condition were confirmed and results are tabulated for further rectification if required. Generally, there were 181 freespans locations inspected by ROV. Results of freespan from Freespan #1 at KP 3.638 to Freespan #181 at KP 233.978 are listed. There are some miss leading geophysical interpretation for the sample taken at KP 101.108 to KP 101.281, where from the geophysical survey was reported that the free span was found 150.1m but from the ROV visual inspection was found that the pipeline was set on seabed at some points with a maximum distance not more than 35m. Based on the ROV visual inspection, there were 29 freespans were found more than Maximum Allowable Span (MAS)
East Java Gas Pipeline Pipeline (EJGP) is the longest offshore gas pipeline in Indoensia. It transports gas receiving from Central Processing Plant on Pagerungan Island in Kangean Islands through the Madura Strait and onshore via Porong Sidoarjo to Surabaya with the total length of offshore part is 368km. The ROV is the first to be used to inspect this offshore gas pipeline.
IKM Subsea, a subsidiary of IKM Group, has been awarded a contract by Eni Indonesia to provide remotely operated vehicle (ROV) services onboard mid-water semisubmersible rig Scarabeo 7. The contract has a value of approximately USD 16 million and is for a firm period of 2.5 years. Two ROVs, including support equipment and personnel, will be provided. Equipment will be mobilized from IKM Subsea headquarters in Norway, and the contract will be run from Singapore through subsidiary IKM Subsea Indonesia.
Indonesia’s oil reserves continue to decrease each year. The amount of oil produced is greater than the amount of new reserves discovered. To overcome this imbalance, various efforts have been made by the government in increasing oil lifting. In addition to exploration activities, other efforts that can be done to improve oil lifting are through Improved Oil Recovery (IOR).
Since the establishment of SKK Migas, a total of 431 oil and gas Field Development Plans (FDP) have already been approved by the Government of Indonesia (as of December 2017) and about 31 of them were already using IOR methods (water flood and steam flood). Along with the sharp decline rate in Indonesia, more IOR projects are needed to restrain the decline oil rate in Indonesia. To attract and help contractors so they are willing to do the IOR projects, the Government of Indonesia offer an incentives such as investment credit and/or interest of cost recovery so that the IOR projects can be developed more economically. Moreover, there are some tools which these contractors may use to improve the economical nature of their projects, such as DMO Holiday, Depreciation Acceleration, Shared First Tranche Petroleum, Split Changes, and many more.
The purpose of this paper, is to obtain the average Production Costs of IOR Projects in Indonesia, which divided into 3 different IOR areas (North Sumatera, South Sumatera, and Kalimantan) based on the 31 IOR FDP projects. The data of the 31 IOR Projects were collected and afterwards the Profitability Index and Development Cost were calculated and distributed to those aforementioned areas.
The result of this paper showed that the lowest average production cost was in North Sumatera by 10 US$ per barrels and the highest average production cost of IOR projects in Indonesia was in Kalimantan by 25 US$ per barrels which remain lower than the current oil price. Based on the obtained production cost above, it can be concluded that the Indonesian IOR Projects are economically acceptable and hopefully can attract more contractors to propose IOR Projects in Indonesia.
This course discusses the fundamental sand control considerations involved in completing a well and introduces the various sand control techniques commonly used across the industry, including standalone screens, gravel packs, high rate water packs and frac-packs. It requires only a basic understanding of oilfield operations and is intended for drilling, completion and production personnel with some sand control experience who are looking to gain a better understanding of each technique’s advantages, limitations and application window for use in their upcoming completions.
In April, the SPE Kuala Lumpur and SPE Java sections held an Asia Pacific Regional Young E&P Professionals (YEPPs) Workshop. The workshop was part of the Asia Pacific Oil and Gas Conference and Exhibition. Participants included industry executives, young professionals, SPE officers, academics, and students. Speakers included 2005 SPE President Giovanni Paccaloni; Greg A. Lanham, President, Anadarko Indonesia; William Bullock, Vice President, ConocoPhillips Indonesia; and Romi Branajaya, workshop Chairperson. The workshop began with a keynote address from Paccaloni.
SPE Java Section organized a Young Professionals (YPs) Workshop at the Asia Pacific Oil & Gas Conference and Exhibition (APOGCE)/ Asia Pacific Health, Safety, Security, and Environment Conference and Exhibition (APHSSEC) in August last year. The 2-day workshop was divided into two sessions. The first session focused on the role of YPs and updates about local YP activities. Leadoff speaker Eko Sisyanto Putro, general manager, Deepwater Development, Chevron Indonesia, addressed three key skills required by YPs for success: understanding business requirements, sharpening technical capabilities, and improving soft skills. Nitipong Yimyam, SPE Thailand Section, showcased the different activities being carried out by his section.