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KUALA LUMPUR, April 14 — Petronas subsidiary PC Ketapang II Ltd (PCK2L) has achieved its first hydrocarbon from a profitable drilling at Bukit Tua Part 2B’s BTJTB-T2 properly positioned inside the Ketapang Block, offshore East Java, Indonesia.
Petronas mentioned the BTJTB-T2 properly was spudded on September 30, 2021 and was drilled with a goal depth of 1,890 metres. Spudding is the method of starting to drill a properly within the oil and gasoline business.
“This milestone is a part of the fourth growth venture after Bukit Tua Part 1, Part 2A and Part 3. The venture goals to provide 12,500 barrels of oil equal (boe) per day and 30 million normal cubic ft (mmscf) of gasoline per day by means of 5 growth wells,” the nationwide oil firm mentioned in an announcement.
Adif Zulkifli, Petronas govt vice-president and chief govt officer of upstream, mentioned the achievement demonstrated its dedication to delivering a secure and dependable power provide to Indonesia.
“Bukit Tua Part 2B venture’s first hydrocarbon (discover) will play an essential position in contributing to Indonesia’s goal to realize a million barrels of oil per day by 2030,” mentioned Adif.
PCK2L president director Yuzaini Md Yusof mentioned: “We’re happy with the constructive outcomes in addition to the complete dedication from all events that led us to this. We thank SKK Migas, the native authorities, and our companions for his or her super help all through the venture.”
Petronas is the operator of the Ketapang Block and holds an 80 per cent collaborating curiosity by means of its two subsidiaries, PC Ketapang II Ltd and Petronas Carigali (Ketapang) Ltd, whereas the remaining 20 per cent is held by PT Saka Ketapang Perdana.
Petronas can be the operator within the North Madura II PSC, offshore East Java, and a three way partnership associate in six different blocks positioned each onshore and offshore within the areas of Sumatra, Natuna Sea, East Java, and West Papua. — Bernama
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