| Ephindo Buka Tender Rig Blok CBM Sangatta I |
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| Friday, 25 June 2010 09:25 | |||||||
Page 1 of 2 JAKARTA: PT Energi Pasir Hitam Indonesia (Ephindo) plans to open a tender rig to block the coal bed methane (coal bed methane / CBM) Sangatta I, East Kalimantan in July this year, in order to pursue the production target in 2011.
President Director Ephindo Sammy Hamzah revealed that the company is currently preparing the tender process while ensuring the operation of drilling rigs working area of the CBM. Section, the first program in the three wells has been completed and the results are quite good. "We will conduct a production test pilot's name, hence the need to make a new tender rig. Now in the process. I think in this week 4-6. If all goes well, before the end of this year, we've been able to do production testing," he said in Ministry of Energy and Mineral Resources Building, today. According to her, it did not rig the tender process will involve many participants and considering the rig required for CBM is not too much. He said Ephindo also not looking for conventional oil and gas rigs for, but the rig is designed specifically for CBM. In fact, he added, to rig the price of CBM is usually much lower compared with the usual price of oil and gas rigs. "Can one fifth of the price of conventional oil and gas rigs that its magnitude varies, depending on the daily horse power. However, approximately the rig that we might see him around the drill well above U.S. $ 1 million. What we are looking for is a rig that much." In principle, said Sammy, Ephindo looking rig fit for a particular purpose is used for CBM and the price is not expensive. Related qualified bidders, he explained how every company that already meet the requirements of the Executive Agency for Upstream Oil and Gas (BP Migas) can follow the tender process. Only, he said, most likely bidders are foreign companies that already have affiliation to Indonesia. "From the rig-rig that normally we come most likely from Australia." As is known, Ephindo ensure CBM drilling operations Sangatta a working area, East Kalimantan, which had run on time in line with government's desire to be able to produce CBM from these blocks in 2011. CBM-related procurement, Sammy propose without going through the bidding process as well as oil and gas, given the plunge in the company in this industry is not too much. "If we go through the bidding process, such as oil and gas where the competition is much, probably a lot of participants. While this may just be one or two, do not you love the lost time. That's an example that we are proposing," said Sammy. Earlier, Director General of Oil and Natural Gas Ministry of Energy and Mineral Resources (ESDM) Evita Herawati Legowo reveals one of the companies from Australia, Mitchell had expressed interest to invest for CBM rigs. "They [Mitchell] had said that for the CBM does not need to use a gas rig. Thus there is a separate rig specifically for CBM so not complicated," he said. (Yn) By: Nurbaiti (Bisnis.com) www.tenderoffer.biz
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