Thursday 8 October 2009

Awaiting Results from Banyuurip Oil Drops

History of new oil in Indonesia engraved on earth Bojonegoro Angling Dharma. Banyuurip oil wells are managed by ExxonMobil through its subsidiary, Mobil Cepu Limited (MCL) has started production since December 10, 2008 coinciding with the anniversary Pertamina to - 51. Although Frist process oil or oil-making at an early stage are still ranged no more than 100 barrels per day (BPH), but it is a pillar will rise to the national oil production in Indonesia, because at present the capacity of oil and gas use continue to soar up as the development of needs in each year.
For the next "drop" the new oil will continue on to pursue kebut production target of 20,000 barrels per day (BPH). While the peak oil wells later Banyuurip field can produce up to 165,000 barrels of oil per day (BPH), or equivalent to 20 percent of national oil production at this time.
In fact it is not only oil that came out of the bowels of the earth's Bojonegoro, but the main field Cepu Block is also going to produce gas for 3.13 trillion cubic feet. A number of fantastic to be able to help finance the state are still afflicted difficulties at this time.
In the management of Mobil Cepu Limited (MCL) will be the operator for 30 years. Cooperation contract (KKS) was calculated from 12 September 2005, however we should not worry about the results of an abundance of oil it. Because the division will be enjoying the country produced 85 percent of the Cepu Block, while 15 percent became part of the contractor.
Of the division of the contractor, ExxonMobil and Pertamina have respectively 6.75 per cent, while the government reap the results of 1.5 percent. If calculated on the whole country will get 93.25 percent of the breakdown of government revenues from 85 percent plus 6.75 percent and Pertamina Participating Interest of 1.5 percent. While ExxonMobil is only getting 6.75 percent of the oil penegeboran the Cepu Block.
Oil content of the Cepu Block is expected to reach 600 million barrels, while natural gas reached 3.13 trillion cubic feet, with large content of oil and natural gas in the future it will provide multiplayer follow-up effects or livelihood up to 73 trillion.
Expected impact of the Cepu Block management communities must also enjoy the fortune from the earth who have been the footing. Fortune follow-up melului various projects that are in doing this as long as his supporters, the other thing is the realization of increased economic growth, opening of employment and other development programs.
With the establishment of the giant oil project is estimated fortune that fell directly in the form of income for the four regions reached Rp. 4.5 trillion annually, including Kab.Bojonegoro, Blora, Pemprop, East Java and Central Java. As for the state, the potential pendapatnnya reach USD 20 Trillion annually, a large value for the current state revenues.
As the start of oil production in the Banyuurip well. Bojonegoro name will be more widely known, because of the ground a lot of oil content found in abundance. Areas with the legendary folklore of the Mliwis Dharmo Angling White, now began many of the lyrics by the investor. With the start dikucurkannnya oil, then called Bojonegoro will grow into "the city of Balikpapan" both on the island of Java.
Not only famous for its oil-producing cities are proud of the community in Bojonegoro, but more important is how the result of oil drilling that can increase people's income Bojonegoro. Besides covering the development of facilities and good infrastructure of roads and other pembanguanan expected to be increased and improved, until Bojonegoro will be a "new town" that people live Gemah Ripah loh due jinawe new gusher

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