02 oil & gas in indonesia

7/31/2019 02 Oil & Gas in Indonesia

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Oil & Gas in Indonesia

AkamigasBalongan

16 January 2010

Swast

ioko Budhi SuryantoKMI Chairman


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World Proved Oil Reserves

Indonesia

Rank 25 : 4.37 Billion Barrels

>200 Saudi Arabia (262.3)

100-200Canada (179.2) Iran (136.3) Iraq

(115.0) Kuwait (101.5)

50-100United Arab Emirates (97.8) Venezuela

(80.0) Russia (60.0)

25-50Libya (41.5) Nigeria (36.2) Kazakhstan

(30.0)

10-25

United States (21.0) China (16.0) Qatar

(15.2) Mexico (12.4) Algeria (12.3)Brazil (11.8)


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Top World Oil Producers, 2008

(thousand barrels per day)

Rank Country Production

1 Saudi Arabia 10,782

2 Russia 9,790

3 United States 8,514

4 Iran 4,174

5 China 3,973

6 Canada 3,350

7 Mexico 3,186

8 United Arab Emirates 3,046

9 Kuwait 2,741

10 Venezuela 2,643

11 Norway 2,466

12 Brazil 2,402

13 Iraq 2,38514 Algeria 2,180

15 Nigeria 2,169

Top World Oil Producers

Indonesia

Rank 21 : 1,051.03 MBPD

Source : EIA
http://tonto.eia.doe.gov/country/country_energy_data.cfm?fips=SAhttp://tonto.eia.doe.gov/country/country_energy_data.cfm?fips=RShttp://tonto.eia.doe.gov/country/country_energy_data.cfm?fips=UShttp://tonto.eia.doe.gov/country/country_energy_data.cfm?fips=IRhttp://tonto.eia.doe.gov/country/country_energy_data.cfm?fips=CHhttp://tonto.eia.doe.gov/country/country_energy_data.cfm?fips=CAhttp://tonto.eia.doe.gov/country/country_energy_data.cfm?fips=MXhttp://tonto.eia.doe.gov/country/country_energy_data.cfm?fips=TChttp://tonto.eia.doe.gov/country/country_energy_data.cfm?fips=KUhttp://tonto.eia.doe.gov/country/country_energy_data.cfm?fips=VEhttp://tonto.eia.doe.gov/country/country_energy_data.cfm?fips=NOhttp://tonto.eia.doe.gov/country/country_energy_data.cfm?fips=BRhttp://tonto.eia.doe.gov/country/country_energy_data.cfm?fips=IZhttp://tonto.eia.doe.gov/country/country_energy_data.cfm?fips=AGhttp://tonto.eia.doe.gov/country/country_energy_data.cfm?fips=NIhttp://tonto.eia.doe.gov/country/country_energy_data.cfm?fips=NIhttp://tonto.eia.doe.gov/country/country_energy_data.cfm?fips=AGhttp://tonto.eia.doe.gov/country/country_energy_data.cfm?fips=IZhttp://tonto.eia.doe.gov/country/country_energy_data.cfm?fips=BRhttp://tonto.eia.doe.gov/country/country_energy_data.cfm?fips=NOhttp://tonto.eia.doe.gov/country/country_energy_data.cfm?fips=VEhttp://tonto.eia.doe.gov/country/country_energy_data.cfm?fips=KUhttp://tonto.eia.doe.gov/country/country_energy_data.cfm?fips=TChttp://tonto.eia.doe.gov/country/country_energy_data.cfm?fips=MXhttp://tonto.eia.doe.gov/country/country_energy_data.cfm?fips=CAhttp://tonto.eia.doe.gov/country/country_energy_data.cfm?fips=CHhttp://tonto.eia.doe.gov/country/country_energy_data.cfm?fips=IRhttp://tonto.eia.doe.gov/country/country_energy_data.cfm?fips=UShttp://tonto.eia.doe.gov/country/country_energy_data.cfm?fips=RShttp://tonto.eia.doe.gov/country/country_energy_data.cfm?fips=SA


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Chart of Crude Oil Prices Since 1861

Source : BP & EIA


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Proved Natural Gas Reserves

Almost three-quarters of the worlds natural gas

reserves are located in the Middle East and Eurasia.

Russia, Iran, and Qatar together accountedfor about 57 percent of the worlds natural gas

reserves as of January 1, 2009.

Source : EIA


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Target of National Energy Mix 2025

OPTIMIZATION

OF ENERGY

MANAGEMENT

PRIMARY ENERGY MIX 2003

Oil54.4%

Gas26.5%

Coal14.1%

Hydro 3.4%

Geothermal 1.4%

Other NRE 0.2%

ENERGY MIX 2005

(BaU SCENARIO)

Oil41.7%

Gas20.6%

Coal34.6% Hydro 1.9%

Geothermal 1.1%

Microhydro 0.1%

ENERGY MIX 2025

(OPTIMIZATION SCENARIO)

Microhydro 0.216%Biofuel 1.335%Solar 0.020%

Wind 0.028%Fuel cell 0.000%Biomass 0.766%

Nuclear 1.993%

Gas30.6%

Oil26.2%

Others 4.4%

Geothermal3.8%

Hydro 2.4%

Coal32.7%

Source : ESDM


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OPPORTUNI TY

Indonesia has a variety of energy sources comprising oil and gas, coal, geothermal and otherrenewable energy sources.

The growing national economy will lead to increased energy consumption and purchasing power ofthe people, eventually will attract private investment in the energy industry.

Energy efficiency will be increasingly targeted in the future.

National and international markets are increasingly open.

National Energy Mix 2025 Opportunity & Constraints

CONSTRAI NTS

Current structure of energy price does not support energy conservation and diversification.

Disparity of economic growth among regions.

Price disparity of fossil energy between domestic and international market.

Energy industry, particularly oil and gas, electricity is not yet competitive.

Market instability and fluctuation of price of fossil energy.

Investment climate is not yet conducive.


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Country Revenue and Investment

Source : ESDM


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Crude Oil Resources

-

200

400

600

800

1,000

1,200

1,400

1,600

1,800

MBOPD

1966

1968

1970

1972

1974

1976

1978

1980

1982

1984

1986

1988

1990

1992

1994

1996

1998

2000

2002

2004

2006

2008

PEAK 1977

PEAK 1995

Plateau stage

Source : ESDM


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0

100

200

300

400

500

600

700

800

900

1000

1100

1200

1300

1400

1500

1600

1700

1800

1994

1995

1996

1997

1998

1999

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

PRODUCTION

(MB

OPD)

Indonesia Oil Production Profile 1994 - 2015

Historical Output Projection to 2015

Marginal Fields

Brown Fields New Potential Development

Source : BPMIGAS


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Facts & Figures

Having reached the 2nd Peak in 1995 at 1.62 Mb/d, oil

production dropped by 38%, down to < 1.0 Mb/d in 2004 (or

5% per year).

The Asia economic crisis in 1997 and the 1999s low oil prices,were responsible for lower Global E&P Spending and

Activities:

.hence, speeding up decline in oil production of Indonesia.

By 2004, more than 87% of Ultimate Recoverable Reserves hasbeen produced (depleted).

More than 90% of the current oil production comes from

mature fields with decline rate of about 5-15% per year.

Source : BPMIGAS


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Natural Gas Resources

Source : ESDM


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Offshore and Onshore Oil & Gas Production

491

1065

460

1039

267

1005

256

953

305

947

366

78

0

258

871

282

822

279

869

264

851

0

400

800

1200

1998 1999 2000 2001 2002 2003 2004 2005 2006 2007

Offshore Onshore

Offshore and Onshore Oil Production

4.6

2.8

4.5

2.

7

4.2

2.7

3.9

3.

1

3.8

3.4

3.

7

4

4.

2

3.7

4.4

3.

6

4.5

3.7

4.

6

3.6

0

1

2

3

4

5

6

1998 1999 2000 2001 2002 2003 2004 2005 2006 2007

Offshore Onshore

BillionSC

FPerDay

Offshore and Onshore Gas Production

Our decreasing Oil Reserve iscompensated by increasing Gas

Reserve

Source : BPMIGAS


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Indonesia Integrated Gas Transmission Pipelines

Source : ESDM


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Liquefied Natural Gas (LNG)

Source : ESDM


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Crude Oil Refinery Infrastructure Map

Source : ESDM


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Inland Depot Infrastructure Map

Source : ESDM


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Drilling

Finding the Reservoir: Seismic Survey Making Access to the Reservoir : Drilling Evaluating the Reservoir : Logging

Optimizing the Reservoir: Testing Producing the Reservoir : Completion


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Deep Water


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21

Ballast Tanks

Cargo Tanks

BELANAK WEST NATUNA

Deepwater Technology Innovation Seminar


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SPAR Fabrication & Installation


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Tens ion-LegPla t fo r m ( TLP)

Floa t ing Produ c t ionUni t ( FPU)

Tender -ass is tDr i l l ing Rig

West Seno The first deepwater development in South East Asia

Source : BPMIGAS


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Seminar Floating OffshoreStructures Technology 2009

24Source : BPMIGAS


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25Source : BPMIGAS


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Frontiers Area in Indonesia

Source : BPMIGAS


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Up-coming Deepwater Development


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28Source : BPMIGAS


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Seminar Floating Offshore 29

Abadi field

Tanimbar Aru

S BPMIGAS

02 oil & gas in indonesia

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