Feb 13 - Pertamina EP to Invest $100m in Enhanced Oil Recovery Strategy

Source Press
Company Pertamina 
Tags Exploration, Strategy - Upstream, Upstream Activities
Date February 12, 2013
Indonesian state owned Exploration Company Pertamina is focusing towards Enhanced Oil Recovery System to extract oil as much as possible. Company is going to invest $100 million for implementing these techniques. EOR techniques will help the company to increase oil production from aged fields. Through water or chemical injection technique they are expecting increased production of 3,250 bpd which will make total production up to 33,250 bpd by the end of this year. For Rantau, Kenali Asam, Tempino, Talang Jimar, Tanjung Tiga Barat and Tapian Timur fields  Pertamina is going to implement water-injection technique and chemical injection technique for Tanjung Tiga Barat fields.

Source: JakartaGlobe

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