Jakarta (Antara Bali) - State-owned oil and gas firm Pertamina's subsidiary PHE WMO has increased its oil production by 5,400 barrels per day and gas production by five million metric standard cubic feet per day (mmscfd), a Pertamina spokesman said.
Pertamina Spokesman Ali Mundakir said here on Sunday that the additional oil and gas production came from two PHE WMO (PT Pertamina Hulu Energi West Madura Offshore)'s wells, namely KE-38B1 and KE-38B2.
"The exploration drilling of the two wells were finished on June 22, 2012, and about eight months later on March 13, 2013 they began initial oil and gas production of 5,400 barrels per day and five mmscfd respectively," he said.
Well KE-38B1 produces 2,100 barrels of oil per day and gas amounting to five mmscfd. Well KE-38B2 produces 3,300 oil per day.
PHE WMO General Manager Imron Asjhari has earlier said that his company has set a target of producing 20,000 barrels of oil per day in 2013.
The country has recorded shrinking oil production, which has always fallen short of target over the past several years amid fast growing domestic consumption, SSK Migas chief Rudi Rubiandini said recently. (IGT)
