PHM Gas Lift, Berau Ltd. 2018 Largest

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21/01/2019 16:57 WIB

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BP Berau Ltd.'s lifting of natural gas in 2018 increased by 11.63% to 192,000 BOEPD, exceeding the performance target (PHM) which experienced a 35% decrease compared to the previous year.

Top 10 Indonesian KKKS with the Highest Lifting of Natural Gas in 2018 Compared to 2017

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PHM Gas Lift, Berau Ltd. 2018 Largest

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Top 10 Indonesian KKKS with the Highest Lifting of Natural Gas in 2018 Compared to 2017

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BP Berau Ltd recorded the highest natural gas lifting in 2018, surpassing PHM, which experienced a decline. The achievement of the Contractor Contract of Work (KKKS) operating in the Berau, Muturi, and Wiriagar working areas increased by 11.63% last year to 192,000 Barrel Oil Equivalent Per Day (BOEPD) compared to the previous year.

Meanwhile, PHM's natural gas lifting last year dropped by 35.22% to 196,000 BOEPD, falling to second place. ConocoPhillips (Grissik) Ltd was in third place with a lifting of 145,000 barrels.

For information, Indonesia's total natural gas lifting last year increased by 1.06% to 1.14 million BOEPD from 1.13 million BOEPD the previous year. Last year's natural gas lifting achievement was equivalent to 94.92% of the target.

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."