During Semester I 2023, SKK Migas Successfully Drilled 427 Oil Wells

Illustration (Photo: Doc. Antara)

JAKARTA - The Special Task Force for Oil and Gas Business Activities (SKK Migas) noted that the realization of drilling development wells had reached 427 wells during the first semester of 2023.

This number is higher than the realization in the same period last year of 419 wells.

Deputy for Exploitation of SKK Migas Wahju Wibowo said, in addition to drilling development wells, other main exploit activities are workover and well service work.

"For the workover, as far as July 2023, 472 wells have reached 57 percent of the 2023 target of 834 wells," he told the media, Friday, September 1.

When compared to the same period last year as many as 382 wells, year on year there was an increase of 124 percent. For well service activities from the target of 33,182 activities, 19,386 activities have been realized or reached 58 percent, or year on year it has reached 111 percent.

He explained that there were significant developments related to the progress of drilling development wells, which in the first 3 months had only reached 167 wells, but within 4 months there could be 260 wells, bringing the total to 427 wells in July 2023.

Wahju estimates that by the end of 2023 the number of drilling development wells is projected to be realized by 919 wells from the target of 991 wells.

"Several things that are a challenge in drilling development wells are the availability of rigs that suit needs, and currently the competition to get drilling tools is very strict, which has an impact on increasing prices," explained Wahju.

However, he said, SKK Migas and KKKS are trying hard so that all rig needs can be met while still optimizing the set costs.

"Because we also want to keep upstream oil and gas operational costs efficient so that they are still included in the cost corridor that has been set in the cost recovery that has been set by the Government," said Wahju.

Wahju said that currently SKK Migas and KKKS are optimizing drilling work and the process of mobilizing and demobilizing rigs from one location to another in the same working area as well as to other KKKS working areas that are included in the umbrella contract for using the rig.

"In addition to optimizing the use of rigs so that they are carried out according to the existing schedule, we are also making efforts so that the process of mobilizing and demobilizing rigs can be further optimized," explained Wahju.

He continued, the massive development well drilling work must of course be maintained as a health, safety & environment (HSE) aspect.

Related to this, Wahju expressed his gratitude that since the second quarter of 2023 until now all activities can run smoothly without problems.

The impact is that existing rigs can be optimized so that the completion of drilling development wells since April 2023 until now the number has increased significantly.

"We are keeping 919 wells drilled, we are even trying to do more so that the number of wells successfully drilled by the end of 2023 can get closer to the target figure of 991 wells so that the entry level for oil and gas production in early 2024 is at an optimal level," concluded Wahju.