PHENC Prepares Revision Of POD 1 Badik And West Badik Fields In North Kalimantan

JAKARTA - PT Pertamina Hulu Energi Nunukan Company (PHENC) Regional Kalimantan stated that it is preparing a revision of the development plan or plan of development (POD) 1 for Badik and West Badik Fields located in Bulungan Regency, North Kalimantan Province.

Senior Manager Relations of PT Pertamina Hulu Indonesia (PHI) Handri Ramdhani said, based on the plan, drilling activities are expected to start in early 2027 so that gas production of both fields can be obtained (onstream) in the fourth quarter of 2027.

"We continue to carry out drilling activities for new wells as a strategic step to maintain the production levels of oil and gas fields that we manage," Handri told Meida, Thursday, March 21.

For information, PHENC operates under the coordination of PHI-Regional 3 Kalimantan.

Handri added that the development of Badik and West Badik Fields is part of PHENC's work plan to optimize production in the Nunukan Block Working Area (WK). The results of the revision of POD 1 will be submitted to SKK Migas to obtain approval.

In addition to the two fields above, WK Nunukan still has other potentials, including Parang Field which is estimated to have a resource of 91 Billion Cubic Feet (BCF) based on the calculation of the drilling results of three exploration wells, namely Parang 1 ( 2016-2017), Parang 2 and Parang 3 (2020-2021).

This estimate has been recorded in the reporting of oil and gas resources based on the status as of January 1, 2024.

Handri hopes that the support of stakeholders around the Nunukan WK operation area will make the Badik and West Badik Field development plan run smoothly.

"We believe that the sustainability of the Company's oil and gas investment will have a multiplier impact on economic development, employment, local business growth, government income, and increasing community independence," concluded Handri.