Monday, 14 December 2015 01:53
Written by Audrey Raj
ExxonMobil announced the startup of its onshore central processing facility (CPF) at the Banyu Urip field in Indonesia, helping increase production to more than 130,000 bo/d.
With the CPF now online, production will continue to increase in the coming months, the company said. Once full field production is reached, Banyu Urip will represent approximately 20% of Indonesia’s 2016 oil production target.
Banyu Urip is expected to produce 450 MMbo over its lifetime. The project consists of 45 wells producing from three well pads, the CPF, a 60mi onshore and offshore pipeline, a floating storage and offloading (FSO) vessel and tanker loading facilities in the Java Sea.
The group, partnering with PT. Pertamina EP Cepu and the Cepu Block Cooperation Body, commenced production from Banyu Urip in late 2008 and output increased as additional facilities were brought online in 2014 and 2015.
Neil W. Duffin, president of ExxonMobil Development Co., says Banyu Urip is helping drive economic growth in Indonesia and has led to the training and employment of thousands of Indonesians.
Banyu Urip was developed by five Indonesia-led contractor consortiums responsible for engineering, procurement and construction. Together they employed more than 17,000 Indonesian workers at peak levels, representing 95% of the project’s overall workforce, plus utilized more than 460 Indonesian subcontractors.
ExxonMobil Cepu, as project operator has a 45% interest in Banyu Urip, and PT. Pertamina EP Cepu holds another 45% stake. The remaining 10% is held by four local government entities under the Cepu Block Cooperation Body, such as PT. Blora Patra Hulu, PT. Petrogas Jatim Utama Cendana, PT. Asri Darma Sejahtera, and PT. Sarana Patra Hulu Cepu.
ExxonMobil expects to increase its global production volumes in 2015 to 4.1 MMboe/d. It said the volume increase is supported by the ramp up of projects completed in 2014 and the startup of major developments in 2015.
In Q3 2015, upstream production volumes increased 2.3%, to 3.9 MMboe/d. Liquids volumes of 2.3 MMb/d rose 13% driven by new developments in Canada, Indonesia, the US, Angola and Nigeria.