Gas Potential Is Still High, HCML Will Apply For Contract Extension Next Year

SURABAYA - Huty CNOOC Madura Limited Cooperation Contract Contract Contract Contractor (HCML) plans to apply for an extension of the contract for the results of the Madura Strait Block or production sharing contract (PSC).

The contract extension will be carried out in the first quarter of next year.

VP Operations HCML Perkasa Sinagabariang said the contract extension also aims to ensure that exploration can continue.

Especially to explore potentials that have not been developed.

First, if an extension proposal is carried out, if it is approved, it means that we will explore the potentials that have not been developed. Currently, there are several field potentials that have been listed but have not been drilled," he said when met at the HCML Metering Station (GMS), Pasuruan, East Java, Monday, November 27.

For your information, the current contract will expire in October 2032. The contract extension was carried out because HCML assessed that the concession with an area of 2,012.76 square kilometers was still prospective until 2042.

Perkasa explained that the application for a contract extension to be submitted contained plans for further exploration after the concession ends in 2032.

"Of course, if we don't do anything in 2032 when it's expired, maybe only a quarter of the production from now on," he said.

On the other hand, Perkasa said that his party was committed to working on further exploration if the upstream oil and gas authorities gave permission for the extension of the contract proposed later.

Furthermore, Perkasa said that the production of the HCML gas sales peak is currently 250 MMSCFD (million cubic feet per day) and is the largest in East Java and Central Java.

"From the three HCML fields, namely the BD, 2M (MDA-MBH) field, and MAC, KKKS HCML is the largest gas producer, with a production percentage of 30 percent of total gas production in the East Java region," he said.

For your information, HCML currently has three main fields that have produced, namely Field BD, Field 2M, and Field MAC.

Field production BD is supported by three main facilities, namely Offshore Wellhead Platform (WHP), Gas Metering Station (GMS) located in the city of Pasuruan, and Floating, Storage and Demolition Production (FPSO) facilities.

The BD field is the only HCML field that contains H2S and condensates, thus requiring fairly complex processing.

FPSO Karapan Armada Sterling III is the only floating platform in Indonesia that has the facilities of the Sulphur Recovery Unit.