Subsidiary Of PT Pertamina Hulu Indonesia Drills Polarist Exploration Well D-1X

Illustration. (Photo: Doc. Antara)

JAKARTA - PT Pertamina Hulu Sanga Sanga (PHSS), a subsidiary of PT Pertamina Hulu Indonesia (PHI) has just carried out exploration drilling tax at the D-1X Polaris Exploration Well on March 20, 2023.

President Director of PT Pertamina Hulu Indonesia (PHI), Chalid Said Salim said, this well is an entrance for areas in the PHSS working area and has a deeper reservoir target compared to reservoirs in the field that have produced around the area.

He also explained that the D-1X Polaris Exploration Well is one of 4 Commitment Exploration wells for sure in the Sangasanga area. The other definite commitment wells are the Phoenix North-1 ST Well, Helios D-1 Well, and Draco B-1X Well.

"In this exploration drilling program, we carry a borderless strategy, as previously applied to the Helios D1 Exploration Well which is a slice of the work area of PT Pertamina EP (PEP) and the PHSS working area. Currently, we have completed the drilling process and evaluated the results," said Chalid, quoted on Friday, April 14.

Furthermore, Chalid explained that through this borderless strategy, collaboration between PHI, PHSS, PT Pertamina EP (PEP) Asset 5, Pertamina Upstream Pertamina Subholding and PT Elnusa.

"The results of the synergy and collaboration between Pertamina and the group are opening (play opener) in finding resources that will increase oil and gas reserves," said Chalid.

According to Chalid, this well is expected to be a new discovery for the development of the Company's future resources and maintain energy continuity in Indonesia.

This drilling target is to achieve OTOBOSOR (On Target, On Budget, On Scope/Spec/Safety, On Return/Regulation) and can meet additional resources targets or 2C so that reserve and Reserve to Production (RTP) findings or the Company's production operation period can be longer," added Chalid.

Chalid also conveyed the Company's commitment to continue investing in exploration and development activities in oil and gas fields to find new resources and increase reserves that are important for achieving national energy security.

"We also apply HSSE Golden Rules, namely Obedient, Intervention and Care in every Company's oil and gas project so that it can run safely, reliably, obediently, environmentally friendly and sustainable," said Chalid.

Just so you know, PT Pertamina Hulu Sanga (PHSS) is a subsidiary of PHI that runs upstream oil and gas operations and business in accordance with the principles of Environment, Social & Governance (ESG) in Sanga Sanga's Working Area in East Kalimantan.