Pertamina EP Tambun field to produce up to 10,780 bpd this year

Bekasi West Java -Pertamina EP says that the firm aims to produce between 10,450 and 10,780 barrels of oil per day (bpd) from the Tambun field in Bekasi, West Java this year, or between 95 and 98 percent of its target of 11,000 bpd.

The company’s manager for the Tambun field, Dean Rusdi, revealed that from January to Oct. 7, the field’s average production stood at around 8,000 bpd.

“[The failure to reach the target] is caused by declining production from several oil wells and the increasing water content,” he told a delegation of journalists visiting the field on Friday.

He revealed that currently there were 65 wells at the Tambun field.

Pertamina EP, a wholly owned subsidiary of state oil and gas company PT Pertamina, had applied enhanced-oil recovery (EOR) technology of water injection at 14 wells to ramp up their production, he added.

Oil produced at the field is delivered to the Balongan refinery in West Java to be processed through a pipeline network which can channel between 10,000 and 11,000 bpd. The field has a total storage capacity of 25,000 barrels.

According to upstream oil and gas regulator BPMigas data, for the period spanning January to Sept. 5 this year the oil production of Pertamina EP remained at 122,350 bpd, much lower than the government target of 132,000 bpd. The government expects the company to produce 135,000 bpd in 2012.

In addition to oil, the Tambun field also produces natural gas. Its production average as of Oct. 7 reached 60 million standard cubic feet per day (mmscfd), surpassing the target of 59 mmscfd.

Pertamina EP was also continuing to look for further oil reserves at the field; the company had just completed production tests at Pondok Berkah well, Dean said. He added that the well might produce between 800 bpd and 1,000 bpd of oil and 7 mmscfd of natural gas.

“The well is an exploration well with a depth of 2,500 meters. We’ve completed the test, but we can’t start the production yet because we need permission from BPMigas,” he said.

When asked about the company’s relations with people who lived near the field, Dean said Pertamina EP had created a good relationship with local people through its corporate social responsibility programs (CSR).

“However, sometimes there are disturbances. Some people or non-governmental organizations stage rallies. If there’s a demonstration, we have to stop drilling activities, it causes losses for us,” he said.

People usually protested about the noise from the field’s activities and damaged public roads caused by heavy equipment, he continued.

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Clashes in The Region EJIP Industry Cikarang

PT Kyowa fight waste plant between two groups of community organizations or organizations in the industrial area EJIP highway, Cikarang, Bekasi, West Java, on Wednesday (12/10), led to clashes. Organizations involved are Gerakan Masyarakat Bawah Indonesia (GMBI), against Garuda Hitam , Pendekar Banten, Singa Bekasi , Ikapud, Pemuda Pancasila, BPKB, and PKBB.

To control the crowd, the police had fired tear gas. Even so, the clash was inevitable. Stone war ensued between the two groups. Police in the middle of the two masses could only block and can not act decisively because outnumbered.

As a result of this incident, some members of mass organizations and the Mobile Brigade or Brimob guard wounded. Freight flows in and out of the industrial area were also disrupted. Until this evening, the police are on guard around the area EJIP(East Jakarta Industrial Park) Cikarang -Bekasi- West Java -Indonesia.

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American Airlines to Deepen Seat Cuts on Economy, Pilots

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American Airlines joined its bigger U.S. peers with deeper seating cuts and said it would ground 11 jets in 2012 as it faces a weak economy, more pilot retirements and higher fuel costs.

The fourth-quarter capacity reduction of 3 percent means that 2011 costs for flying each seat a mile will increase “modestly” beyond the forecast of as much as 10.1 percent provided on Sept. 21, Fort Worth, Texas-based American said yesterday in a statement, without elaborating.

United Continental Holdings Inc. (UAL) and Delta Air Lines Inc. (DAL), the world’s biggest carriers, moved earlier to shrink available seating through this year and next on concerns the economy will sap travel demand. American, the third-largest U.S. carrier, also is grappling with pilot retirements that have been running at least 10 times the normal rate in the past two months.

“The adverse effect on previous unit-cost guidance will be significant,” Robert W. Mann, president of consultant R.W. Mann & Co., said in an e-mail. The effect on revenue can’t be estimated without details of the planned scheduled changes, he said.

American’s reductions, coming amid reports of strong business travel and unit revenue, represent “sizable capacity cuts to AMR’s fall and winter schedules” and suggest that a shortage of pilots is a primary driver, said Mann, of Port Washington, New York.
Trimming Capacity

American said less than a month ago that it would trim fourth-quarter capacity by 0.5 percent as it continued to review plans for 2012. Those cuts reduced flying by varying amounts on lower-demand travel days and included a 13 percent drop in Saturday seating, American Airlines Treasurer Beverly Goulet said on Sept. 13.

The airline had 111 pilot retirements in September and 129 this month as workers sought to protect the value of their pension plans, a portion of which is linked to stock market movement.

American “doesn’t anticipate” leaving any markets as a result of the reductions, said Sean Collins, a spokesman. It will rely primarily on cutting flights based on days of the week, trimming frequencies or moving to smaller planes, he said.

“We are taking these additional steps in light of the uncertain economic environment, ongoing high fuel costs and to ensure we run a reliable schedule for our customers given additional pilot retirements we anticipate throughout the fourth quarter,” Chief Commercial Officer Virasb Vahidi said in the statement. He said advance bookings are “generally in line” with 2010.
Third-Quarter Charge

American also said it will take a $29 million noncash charge in the third quarter for contracts linked to fuel purchases and $22 million related to foreign exchange.

The airline will retire 11 of its 124 Boeing Co. 757s. The twin-engine, single-aisle planes are often flown on transcontinental routes and to non-U.S. destinations such as Mexico. Boeing built the last 757 in 2004.

With the new seating cuts, full-year seating on American’s mainline jets still will rise 0.4 percent. That’s less than the original 3.5 percent growth set for 2011, according to the company. When regional carrier American Eagle is included, full- year capacity will be up 1.2 percent, lower than the initial plan of more than 4 percent.
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Presiden Yudhoyono Extends Condolences for Moerdiono's Family

President Susilo Bambang Yudhoyono on Saturday expressed condolences to the family of former state secretary Moerdiono who died on Friday in Singapore.

"The president shared the family's grief over the demise of Moerdiono and extended his condolences," Presidential spokeperson Julian Aldrin Pasha told state news agency Antara on Saturday.

But Julian said he was not certain whether the president was to pay his last respects to the late Moediono because his body would reportedly be taken directly to the Kalibata Heroes cemetery upon arrival from Singapore.

Moerdiono passed away at Singapore`s Gleneagles hospital at 7.40 pm local time on Friday after being treated for a complicated combination of illnesses.

Henry Yosodiningrat, a lawyer of Moerdiono's family, said on Friday night, Moerdiono's wake was held in the Indonesian Embassy in Singapore.

Born on August 19, 1934 in Banyuwangi, East Java, Moerdiono was minister/state secretary for two terms in the fifth and sixth development cabinet from 1993 to 1998.

Source : antara

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