PHR's Efforts To Manage Assets And Face The Challenge Of 1 Million Barrels

The (intermediate) refinery

JAKARTA - It is undeniable that the transfer of Pertamina Hulu Rokan or PHR two years ago was the largest transition in Indonesia.

In addition to being inherited from the giant operating area, PHR received an overflow of thousands of old wells and supporting facilities that were operated on average nearly a century by previous operators.

Starting from subsurface facilities such as pumps, casings and tugs, to surface facilities such as production pipe networks, collection stations, electrical installations, to main pipeline networks to shipments.

With the upstream oil and gas business conditions increasingly challenging, operators are often faced with operational strategies that require them to remain consistent and efficient by taking advantage of them.

For example, by diverting the budget and focusing on capital expenditures and investments, it becomes an adoption of asset integrity management strategies, by optimizing existing assets to maximize operations.

Governance of age facilities, not only discusses the age of the equipment, but also how to implement a treatment mitigation system for aging and the age limit for using these facilities.

As stated by the Executive Vice President of Upstream Business PHR WK Rokan, Edwil Suzandi.

One of the main tasks of PHR when it is transferred to asset management is to collect comprehensive data on the condition of the installed facility which is handed over.

"With this data collection, PHR can formulate effective and efficient maintenance plans, design optimal, safe and reliable oil exploitation and operations strategies, while still complying with all applicable regulations and regulations," he said, citing the BUMN website.

The integrity management of old assets is very important considering that at the same time, PHR continues to develop new initiatives to increase production.

Call it an exploration study in Telisa and Batuan Basis/Basic Rock Formation.

This study was conducted to assess the feasibility of further exploration drilling, in order to open new potentials in the development of this region.

"The potential for oil production from these new fields certainly requires the readiness and reliability of supporting facilities," said Edwil.

Head of the SKK Migas Production and Maintenance Division, Bambang Prayoga, in his presentation material at the 2023 International Oil & Gas forum in Nusa Dua, Bali, last September, said that with good asset integrity management, the performance of age assets is expected to be optimized through periodic maintenance governance, modification and rejuvenation and replacement.

That way upstream oil and gas companies can ensure integrity throughout the life cycle of their assets.

All of these efforts not only support the company's performance, but also achieve the big target of the Indonesian oil and gas industry, namely to support the oil and gas production target of 1 million barrels per day by 2030. Ujar Bambang.