Jakarta (Antara Bali) - The Upstream Oil and Gas Regulatory Special Task Force has approved oil lifting in work program and set contractor budget for gas lifting in 2015 at 849.750 barrels per day and 6.592 million cubic per day.
Head adviser to Upstream Oil and Gas Regulatory Special Task Force Haposan Napitupulu said here Friday that the total budget for 2015 has been set at US$22.2 billion for oil and gas in accordance with a "work program and budget" (WP&B) cooperation agreement that has calculated oil price at US$105 dollar per barrel.
Of the total budget, US$1.3 billion will be utilized for the exploration of oil by drilling 54 two-dimension seismic wells along 947,2 km and three-dimension seismic wells along 2.300 km.
An amount of US$4.7 billion will be used for constructing wells, US$14.8 billion for the production of 952 "work over" wells, US$38.914 for the maintenance of wells, and the remaining US$1.5 billion is meant for general expenses.(WDY)
COPYRIGHT © ANTARA News Bali 2014
Head adviser to Upstream Oil and Gas Regulatory Special Task Force Haposan Napitupulu said here Friday that the total budget for 2015 has been set at US$22.2 billion for oil and gas in accordance with a "work program and budget" (WP&B) cooperation agreement that has calculated oil price at US$105 dollar per barrel.
Of the total budget, US$1.3 billion will be utilized for the exploration of oil by drilling 54 two-dimension seismic wells along 947,2 km and three-dimension seismic wells along 2.300 km.
An amount of US$4.7 billion will be used for constructing wells, US$14.8 billion for the production of 952 "work over" wells, US$38.914 for the maintenance of wells, and the remaining US$1.5 billion is meant for general expenses.(WDY)
Editor : I Gusti Bagus Widyantara
COPYRIGHT © ANTARA News Bali 2014