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8/8/2019 14 Pertamina CBM Project in South Sumatra
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PERTAMINA CBM Projec tin South Sumatra
IndoCBM 2006Jaka rta, April 18 – 19, 2006
President Direc tor & CEOPT PERTAMINA (PERSERO)
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Page 2
• PERTAMINA ’ s Business Ac tivities and Current
Aspiration• Where Does CBM Fit in?
•Our Efforts in CBM
• South Sumatra CBM Study Highlights
• Conc lud ing Remarks
Outline
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Page 3
Business Activities
Upstream Other BusinessDownstream
Exploration (Oil & Gas)
Production (Oil & Gas)
Geothermal
Processing/refining
Marketing and distribution
Trading
Shipping/Transportation
LNG
14 subsidiaries and 17 joint
ventures
Health services/ hospital,
hotel/ property, shippingdocks, aviation,
construction, insurance,
etc.
PERTAMINA AS AN INTEGRATED OIL AND
GAS COMPANY
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PERTAMINA MAIN ACTIVITIES
• Upstream: Sec ond la rgest oil and gas p roduc er inIndonesia
•Downstream: Distribution of app rox. 1.2 million b/ d ofpetroleum p rod uc ts
• Refining: Over 1 million b / d of c apac ity
• LNG: Sa les of approx. 25 million ton/ year to the EastAsian market
• Domestic Gas Sa les: Growing untapped potentia l
demand , espec ia lly in West Java – Present sup p ly of 400 – 500 MMSCFD to fertilizer, steel plant,
power genera tion, and other industries
– Will inc rease by about 250 MMSCFD by end of 2006 – from South
Sumatra gas fie lds to be transported by PGN)
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19
24
35
52
55
60
64
71
136
476
Vico
Unocal
PetroChina
Medco
Tota l SA
ConocoPhilips
Pertamina
CNOOOC
Caltex
BP 84
96
156
157
169
687
784
PetroChina
Kodeco
Unocal
Premier Oil
Medco
Vico
ExxonMobil
Pertamina
ConocoPhilips
Tota l
Indonesia Oil Produc tion
MBOPD
Indonesia Gas Produc tion
MMSCFD
1,091
1,107
2,300
Source: The Indonesian Petro Energy No. 2 year II, June - July, 2005; PT Pertamina EP
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Law#22/2001
• New competitors in retailand industrial fuel
distribution• New, independentregulatory bodies
Subsidy anddistribution fee
changes• Fees for distributing PSOfuels changed from cost-plus to a MOPs + x margin
• Subsidy cuts reducebarriers to entry indownstream
Pressure forperformance
• Profit as core KPIinstead of volume
• Rising Governmentdemands for moredividends
Pertamina’sNew World
Need fortransparent andclean business
• Priority of currentgovernment to ensure
transparency andprofessionalism inbusiness sector
Source: McKinsey analysis
PERTAMINA IS NOW A LIMITED LIABILITY COMPANY
AND FACES ENORMOUS CHALLENGES
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OUR ASPIRATION• To bec ome a world c lass integ ra ted oil and gas c ompany – on
par with other lead ing nationa l oil c ompanies
– Build ing on domina nt p osition in downstream
– Build E&P to bec ome a signific ant p layer – Sha p ing up refining , infrastruc ture, and log istic s
• We want to c hange our ima ge, to bec ome a c ompany tha t is:
– Confident – Clean
– Customer foc used
–Competitive
Internal transformation/restructuring is underway tostrengthen our fundamentals, including but not limited to,
changing the mindsets of the management and employees
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Where Does CBM Fit in Our Ac tivities?
• As we asp ire to inc rease our E&P ac tivities, PERTAMINAwould like to enha nc e its role in supp lying na tura l gas to
the domestic market, while ma inta ining its signific antrole in the LNG business ac tivities
• CBM – when it is p roven to be ec onomic a lly exp loited
and p roduced – will add to the gas supp lies that can bemarketed to our c ustomers
• PERTAMINA will ta ke advantage of its c ustomer base
(and its potentia l g rowth) and the ava ilab ility of (bothc urrent and p rojec ted ) infrastruc ture, inc lud ing the onestha t a re d evelop ed by other c ompanies
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Our Efforts in CBM
• Conc entrate on the area that:
– Has good potentia l of CBM resourc es
– Has suffic ient infrastruc ture – Close p roximity to our ma in customers
• Our initia l p rojec t w ill c oncentra te on South Suma tra , whic h
meets the above c riteria . While the last two c riteria a reobvious, we a re working on ensuring tha t the resourc es a rethere and that the CBM c an be ec onomic a lly and sa felyproduced
• PERTAMINA has done a p reliminary stud y on CBMdevelopment in South Sumatra , whereas a p ilot p rojec t a reahas been p roposed by the Government (lead by LEMIGAS)
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South Sumatra CBM Study Highlights
• The stud y sta rted on Februa ry 2002, and used existingda ta of seismic and log
• The c oa l layers were identified a t about 600 to 1300 m indepth
• The study identified potentia l CBM resourc es of 124 TCF
• Environmenta l impac t was studied . For examp le, thewa ter p roduced (as a by-p roduc t of CBM) is p roposedto be injec ted into the non-p roduc ing wells surround ing
the p ilot p rojec t a rea .
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MUSI
CILEGON
RAMBUTAN BETUNG
BENUANG
PRABUMULIH CBY
2 8 ” - 3 7 k m
28” - 23.8 km 28” - 19 km 28” - 19 km2 8 ” - 2 3 .7 k m
2 4 ”
- 5 9 k m
3 6 ” - 3 9 0 k m
TERAS
SCHEMATIC GAS TRANSMISSION NETWORKSCHEMATIC GAS TRANSMISSION NETWORK
SOUTH SUMATRA GAS PROJECTSOUTH SUMATRA GAS PROJECT
Q7 P7
100 430
Q8 P8
392 500
NOTE :
S : COMPRESSOR SUCTION (PSIG)D : COMPRESSOR DISCHARGE (PSIG)P : GAS PRESSURE (PSIG)Q : FLOWGAS (MMSCFD)
BHP : BRAKE HORSEPOWER (HP)
: EXIST. FIELD
: FIELD GAS COMPRESSOR
: BOOSTER GAS COMPRESSOR
: CENTRAL PROCESSING PLANT (CPP)
: NEW GAS TRANSMISSION
: NEW FIELD GAS PIPELINE
: EXISTING GAS PIPELINE
MERBAU
PAGAR DEWA
TASIM
PRABUMENANG
LEMBAK
TUNDAN 6 ”
- 1 5
k m
1 0 ” -
1 8, 1 k m
6 ” - 3 k m
4” - 5 km
4 ”
- 1 8
. 3 k
m
SP.Y
14” - 50 km
P= 680 P= 620P= 550
Q : 10
D : 563
BHP: 1534
WELL : 3
Q : 150
S : 50
D : 770
BHP : 37260
WELL : 33
Q : 20
D : 500
BHP : 1950
WELL : 8
Q : 10
D : 550BHP : 1120
WELL : 4
Q : 70
D : 540
BHP : 8280
WELL : 19Q : 5
D : 530
BHP : 1120
WELL : 3
Q : 150S : 254
D : 630
BHP : 12420LIMAU
1 0 ”
- 2 7 ,5 k m
24” - 11 km
2 4 ” - 1 0, 1 k m
20” - 58,3 km
BERINGIN
14” - 58,3 km
1 0 ” - 1 0, 1 k
m
CPF PAGARDEWA
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The CBM Stud ied Area(Satellite Image of South Sumatra)
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Page 13
CBM Area Study
PERTAMINA DOHSUMBAGSEL
TOTAL NET ISOPACH CBMMUARA ENIM FORMATION
CI : 10 MBy. Marzuki & B.Tamtomo
0
120 M
50 M
TOTAL CBMAREA
STUDY15.075 KM2
PERTAMINA10.135 KM2
PSC / JOB4.940 KM2
0 M
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Result of Preliminary Study
on South Sumatra CBM Potentia ls
POTENSI CBM DI SUMATRA SELATAN
92
32
124
0
20
40
60
80
100
120
140
PERTAMINA DOH SBS KPS KUMULATIF
GAS
T C F
PERTAMINA DOH SBS
KPS
KUMULATIFPTM DOH SBS
KPS / JOB
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Page 15
Conc luding Remarks
• In fac ing new c hallenges b rought ab out by the Laws,Regula tions, and its sta keho lders’ expec ta tions, PERTAMINAasp ires to b ec ome a signific ant E&P c ompany. We a re to
embark on ac c umula ting new reserves and inc reasingprod uc tion of oil and gas
• In meeting domestic gas demand , PERTAMINA will leverage itsposition based on its c ustomer base and ava ilab le infrastruc ture
• CBM fits stra teg ic a lly with our intent to inc rease our ro le inmeeting untapped domestic gas demand, most notab ly in WestJava , where our ma in c ustomers a re loc a ted
• South Suma tra meets our c riteria for develop ing a CBM projec t,whic h inc lude signific ant potentia l resourc es to be exp loited ,ava ilab ility of infrastruc ture, and the p roximity to our ma incustomers.
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