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Jakarta Post

8 development plans for oil, gas fields approved

  • Rangga D. Fadillah

    The Jakarta Post

Jakarta   /   Tue, May 15 2012   /  08:59 am

Upstream oil and gas authority BPMigas reported over the weekend that as of April the agency had approved plans of development (POD) for eight oil and gas fields, seven of which would begin production this year.

BPMigas planning deputy Haposan Napitupulu revealed the fields were Vita Laras (operated by China National Offshore Oil Corporation), Karang Luhur (Pertamina EP), Petapahan, Duri (Chevron Pacific Indonesia), Pondok Berkah (Pertamina EP), Kepodang (Petronas), North Klalin (PetroChina) and North Central Java.

“Except Kepodang, all of the fields will start production in 2012,” he said in Jakarta. “This year there will be 45 PODs and put-on-production [POP] proposals which will be approved by BPMigas. It’s not a target because everything is up to oil and gas contractors, if they propose we’ll process it,” he added.

According to the agency’s data, fr...