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JAKARTA, government is optimistic the target exceeded the average oil production of 2009 of 125,500 barrels per day. This finding supported an average production began in early January to late November 2009 to reach 126,686 barrels per day, or 1186 barrels per day higher than the target.
This achievement is an 8.6 percent increase from 2008 for the realization of 116,600 barrels per day, which also proves the success of Pertamina EP in increasing production from year to year. Director of Operations Sudaryanto Good Pertamina EP, in a press release on Wednesday (9/12/09), in Jakarta, Pertamina EP transformations implemented in concrete steps and optimization of production fields.

In 2010 oil production taget for Pertamina EP 128,000 barrels per day. Although only increased 2 percent from 2009, it is not easily achieved and the necessary effort to put a halt to production cuts, given the high rate of natural decline which is still very high which is an average of 18 percent per year.

Attempts to overcome this by making improvements to the process of exploitation is a primary recovery through the implementation of best reservoir management and maintenance. Production is also optimized through the optimization of artificial lift and production facilities, and focus on the implementation of the principles of occupational safety and health.

Pertamina EP oil production in January 2009 was still in the range of 118,000 barrels per day continues to increase gradually and in May 2009 has reached 124,464 barrels per day. Efforts to increase production of the pad a second and third quarter continued to fruition with the achievement of the average production in August 2009 of 132,370 barrels per day and the average production through November 2009 has been 133,881 barrels per day.

Field becomes the major producer of oil production Pertamina EP Region of Java with a range of production 25,000 barrels per day, Sumatra Region 19.0000 barrels per day, Sukowati field which became part of Pertamina EP with 32,000 barrels per day danUnit Business Limau with 12,000 barrels per day. For other fields of oil production varies between 2,000 barrels per day to 10,000 barrels per day.

For the average production of gas Pertamina EP until November 2009 for 1050 million standard cubic feet per day. Of this amount 28 percent is supplied to the Perusahaan Gas Negara (PGN), 22 percent to meet the needs of industry, 18 percent for the fertilizer industry, 18 percent for supplies to power plants and another 14 percent for Pertamina refinery needs and personal use. Pertamina EP is a supplier of gas in Indonesia's largest country.

According to Public Relations Manager of Pertamina EP M Aaron, production m inyak Pertamina EP continued to increase since 2003 with a growth rate average (Average Gross Capital Ratio / CAGR) reached 3.1 per cent from the level of production 95.6 thousand barrels per day (MBOPD) in 2003 to 102.2 MBOPD in 2006. This production grew 6.7 percent in 2007 was 110.3 MBOPD and back up 7.8 percent in 2008 with an average production of 116.6 MBOPD. Until the end of 2009 Pertamina EP optimistic production targets could exceed 125.5 MBOPD.

Pertamina EP is a subsidiary of Pertamina (Persero) is engaged in the exploration and exploitation of oil and gas in the country, as well as the largest profit contributor among all business units and subsidiaries Pertamina. Total profit Pertamina EP continued to increase, in the year 2006 profit before tax Pertamina EP Rp 11.29 trillion, in the year 2007 increased to Rp. 15.16 trillion and reached the highest profits in 2008 sebasar Rp 19.08 trillion or more than 70 percent of the total profits Pertamina. (Kompas.com)