2012 PERFORMANCE &

2013 WORK PROGRAM

Rudi Rubiandini R. S.
Chairman of SKK Migas

Presented on Luncheon Talk IPA 2013

Jakarta 13 February 2013
Jakarta,

PRIVATE AND CONFIDENTIAL

2013 SKKMIGAS All righ

hts reserved

AGENDA

1.
2.
3
3.
4.
5
5.

2012 Production Performance

2012 Exploration Performance
2012 Other Performance
2013 Work Program
Strategic Objectives

2013 SKKMIGAS All righ

hts reserved

AGENDA

1. 2012 Production Performance

INDONESIAN OIL & GAS PRODUCTION PROFILE

2000

PEAK1977

PEAK1995

Plateau stage

1683
1631

1624

1612 1624

15891587

1575
1519

1506

1574

1539

1535

1557

1586
1537
1500

1491

1500

1522

1501

1407
1373
1338

1336
1305

1303

1288

13021302

1327

1264
1214

1408

1316
1267

1229

1375

1373

1366
1341

1364

15001500

14981496
1460

1415

1397 1404

1387

1362

1499
1468 1462

1445

1252

1240

MBOEPD

1147
1096

1082

1062

1056

1006

1000

966
904

889
853

977

1000 10101010
949 945
902

744

601

773

900
861

847

742

830

797

Decline 3-5%

585

569

500

954

550 544
488

466

512

401

266

153
52

57

57

51

53

59

74

91

99 109

1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017

*)Outlook per29Januari 2013

YEAR

PRIVATE AND CONFIDENTIAL

OilGas

OIL AND CONDENSATE PRODUCTION

(BOPD)

PRIVATE AND CONFIDENTIAL

GAS PRODUCTION AND DISTRIBUTION

(MMSCFD)

PRIVATE AND CONFIDENTIAL

OIL PRODUCTION DISRUPTION IN 2012

Cause of Unachieved Production

PSC C
Contractors
t
t

Facility Disruption (Unplanned Shutdown)

Decline of Subsurface potential (Unpredicted Decline)
Contract
C
t t extension
t
i status
t t th
thatt iimplicates
li t on
drilling scenario shifting

Rig Procurement Postponed

Subsurface problems (sand, wax, skin, and water
composition)
Project Retard and New Project Postponed

Land acquisition
Change of Work Priority
Permit Postponed
Operational Disruption (Unfinished Completion)
Realization of development well production does not
fulfill target (Subsurface ability)
Abandonement of PUO and Gegerkalong Field
(not economically viable)

Limited Facilityy

PRIVATE AND CONFIDENTIAL

PSC CONTRACTORS OIL PRODUCTION 2013

PER 27 JANUARY 2013 (BOPD)

39,7%

41OtherPSC
Contractors,
C t t
120,817

VicoInd.,15,236
Vico Ind 15 236
PetroChina
Jabung,16,345

Chevron Pacific Ind

ChevronPacificInd.
PERTAMINA
TotalE&P

MobilCepuLtd.,
24,083

ChevronPacific
Ind.;
327.692

CICO,26,910
ConocoPhillipsInd.,
35 146
35,146

PHE ONWJ
PHE
CNOOCSES
ConocoPhillipsInd.
CICO
MobilCepuLtd.
PetroChinaJabung

CNOOCSES,36,331

VicoInd.
PHE ONWJ,38,178

TotalE&P;
64.788

7,8%

41KKKSLainnya

PERTAMINA,
120,798

14,6%
PRIVATE AND CONFIDENTIAL

PSC CONTRACTORS GAS PRODUCTION 2013

PER 27 JANUARY 2013 (MMSCFD)

20,8%
PHE ONWJ,212.46

43OtherPSC
Contractors,
1,208

PetroChinaJabung,
264.99

TotalE&P
Total E&P
Indonesie,
1,693.98

TotalE&PIndonesie
Total E&P Indonesie
BPBerau
PERTAMINA
ConocoPhillipsGrissik
p

Kangean Energy,
294.99

ConocoPhillipsInd.Ltd.
VicoInd.

BPBerau,1,219.51

ExxonMobilOil,
369 22
369.22

KangeanEnergy

15,0%

Vico Ind.,
380.68
ConocoPhillipsInd.Ltd.,
432.94

ExxonMobilOil
PetroChinaJabung
PHE ONWJ

PERTAMINA,
ConocoPhillips
1,049.25
Grissik,
1,027.02

43KKKSLainnya

12,9%

12,6%
PRIVATE AND CONFIDENTIAL

2013 SKKMIGAS All righ

hts reserved

AGENDA

2 2012 Exploration Performance

2.

Disturbance of Firm Commitment Impelemntation in 2012

(WA 3 Years)
OIL&GASEXPLORATIONWA
3years :119WA

18

OVERLAPPING, PERMIT, SOCIAL,

TUMPANGTINDIH,PERIZINAN,SOSIAL
OPERATIONS
MASYARAKAT,OPERASILAPANGAN

33%

INTERNAL PSC CONTRACTOR

INTERNALKKKS(OPERATORSHIP,
(OPERATORSHIP,
FONANCIAL,
FINANSIAL,PRIORITASHOLDING)
PRIORITY HOLDING)

24%

KETIDAKTERSEDIAANALAT&JASA
UNAVAILABILITY
OF SUPPORTING
GOODS AND SERVICES
PENUNJANG

42

21%
10%

KETIDAKTERSEDIAANDATAG&G
UNAVAILABILITY
OF G&G DATA

54

8%

KOMPLEKSITASBAWAHPERMUKAAN
COMPLEXITY
OF SUB SURFACE NEEDS
YANGMEMERLUKANSTUDIGGR
MORE GGR STUDY
0%

ExplorationWAFulfilledFirmCommitment
ExplorationWAinTerminationProcess
ExplorationWAinFulfillingFirmCommitment
ExplorationWAEksplorasiHaveNotFulfilledFirmCommitment
PRIVATE AND CONFIDENTIAL

5% 10% 15% 20% 25% 30% 35%

Realization of Drilling, Workover, And

Well Service - 2012

ACTIVITIES

WP&B 2012

REALIZATION

Exploration Drilling

236

119

50

Development Drilling

905

840

93

Workover Activities

767

740

96

13.719

11.323

83

Well Services

PRIVATE AND CONFIDENTIAL

EXPLORATION WELL DICOVERY (CONVENTIONAL)

2002 - 2012

2011*terdapat1sumuryangmasihmempunyaikendalaoperasi
2012**Status31Desember 2012

*)Statusper31Desember2012

PRIVATE AND CONFIDENTIAL

13

TYPE OF EXPLORATION WELL DICOVERY (CONVENTIONAL)

2002 - 2012

*)Statusper31Desember2012

PRIVATE AND CONFIDENTIAL

14

Reserves Replacement Ratio

((OIL & GAS))
350%
310%
300%
250%
200%

180%

150%

130%

100%

69%

62%
50%

32% 35%

62%

127%

82%
52%

23%

0%
2007

2008

2009
RRR OIL(%)

2010BPMIGAS Allrightsreserved

2010
RRR GAS(%)

PRIVATE AND CONFIDENTIAL

2011

2012

OIL AND GAS RESERVE

RRR Oil @ 2012 = 52 % and Gas = 127 %
Proven Reserve Per 01 01 2012
(P1)
Oil (MMBO)

Gas (TSCF)

Oil (MMBO)
Gas (TSCF)
*)) Estimate Risked Reserve 2P from
50 POD approved in 2012

103.44

2012 Production

(+)

()

Additional Reserve from

POD/POFD/POP 2012
Proven (P1) *

3742 52
3742.52

164.28
3.79

Oil (MMBO)
Gas (TSCF)

314.67
2.98

Estimate Proven Reserve

in early 2013
(P1)
Oil (MMBO)

3592 13
3592.13

Gas (TSCF)

104.25

PRIVATE AND CONFIDENTIAL

16

Fiscal Scheme Pushed By Proven Oil and Gas

Reserves Portfolio
ProvenReserves(byCountry)

*) Sumber: OPEC Annual Statistical Bulletin, 2012

PRIVATE AND CONFIDENTIAL

2013 SKKMIGAS All righ

hts reserved

3 2012 Other Performance

3.

PRIVATE AND CONFIDENTIAL

TARGET VS ACTUAL 2012

% Achiev
vement

US$34.9million

110%

104%

91%

92%

91%

Oil

Gas

90%

Rencana
Target
Realisasi
Actual

70%
50%
30%
10%

US$33.5million

GOI
Take

BOE

PRIVATE AND CONFIDENTIAL

19

REVENUE DISTRIBUTION PROFILE OF OIL AND GAS SECTOR

90,000

2,204

2,255

2,254

2,326

2,282

2,400

2,219

80,000

2,158
2,050

2,033

2,067

2,097

2,000

70,000
60,796

9,633

10,845

7 126
7,126

8,112

7,413

1,972

2,167

3,077

4,691

5,544

6,204

2002

2003

2004

2005

2006

2007

9,512

26,497

35,302

5,661

800
800
600
15,715

9,657

10,416

5,694

7,608

2009

2010

2011

2012*

10,109

1,200
1,000

15,341
9,339
8,710

4,463

NetContractorShare

19,950

16,665

19,797

24 153
24,153
19,019

22,638
8

,
30,000

23,79
93

32,051

35,752

1 400
1,400

MBOE/D
D

38,707
36,294

34,934

35,798

45 869
45,869

40,000

1,800
1,600

50,000

10,000

61,065

54,152

13,675

JutaUS$

60,000

20,000

2,200

400

11,763

200
200

CostRecovery

IndonesiaShare

2008

GrossRevenue

Lifting(Mboe/d) Inc.DC.Exc

Catatan:
*)2012dataistemporaryPSCContractorfinancialdataper21January2013(statementperiode JanDec12)
20052011dataisfromUnauditedPSCContractorJointFinancialStatement

PRIVATE AND CONFIDENTIAL

20

GOI TAKE PROFILE 2012

%GOI TAKE : GOI TAKE TO GROSS REVENUE
%GOITAKE

90%
80%

80%

79%

72% 72%
71% 71% 71%

70%

69%
66% 66% 66%
63% 62% 62%

60%

61% 60% 60%

60% 59% 59% 59%

AVERAGE:57%

58%
56%
54% 54%

50%

53% 52% 52% 52% 52% 52% 52%

51%

50% 50%
47% 47%

40%

45%

44%

37%
35%

30%

26%

20%

15% 15% 14%

10%

13% 13% 13% 13% 12% 12%

11% 11% 10% 10% 10%

8%

8%

8%

8%

8%

8%

7%

6%

0%

Catatan:
*)TemporaryPSCContractorsFinancialDataper28January2013(statementperiode JanDes12)

PRIVATE AND CONFIDENTIAL

21

INCREASING GAS DISTRIBUTION TO DOMESTIC

Increased >250% in 8 Years
5,000

4,500

Tangguh
710BBTUD

4,000

Tangguh
846 BBTUD

3,500

4,560

3,8
850

4,,020

3,8
870

3,615
5

3,69
92

3,267

4,078
4

3,379

4,336
3,323

3,681

2,913

2,527

1,513
3

1,466
6

1,480
0

1,000

2,341

1,500

3,77
75

3,82
20

4,,008

4,202
4

2,000
,

4,416

2,500

4,397

BBTUD

3 000
3,000

500

2003

2004

2005

2006

2007

2008
Ekspor
Export

2009

2010

2011

2012*))
2012

2013

2014

Domestik
Domestic

PRIVATE AND CONFIDENTIAL

*)2012databasedonactualdatauntil November2012
22

SOCIAL AND ENVIRONMENT ACTIVITIES

Increasing Operational Support Programs
ChairmanofBPMIGAS
GuidelineNo.0181on
OperationalSupportPrograms

Realisasi
Actual
KepMen
p
ESDM
No22/2008on
NegativeList

BilliionRp

400

PP 79/2010
PP79/2010on
CostRecovery

300
186.7

200
100

311

231.1

305.2
178 5
178.5

169 7
169.7
97.5

86.2

0
2005

2006

2007

2008

2009

2010

2011

2012*

Notes:
1. In2008,withtheissuanceofMinisterialRegulationNo.22/2008oncoststhatnotincludedincostrecovery,resultedinthedeclineofCSR
activities
2. In2010,withtheissuanceofGovernmentRegulation79/2010oncostrecoveryandtaxintheupstreamsector,resultedinthedeclineofCSR
activities
ti iti
3. In2011,theChairmanofBPMIGASissed GuidelineNomor 0181,resultinginanincreaseofCSRactivities.

PRIVATE AND CONFIDENTIAL

23

PROCUREMENT & LOCAL CONTENT COMMITMENT

(ApprovedbyBPMIGASandPSCContractors)
2006 2012
18,000

100%

16,000

90%

14,000

80%
63%

12,000

Million US$

8,000

60%

43%

43%

70%
60%

49%

54%

10,000

61%

50%
40%

6,000

30%

4,000

20%

2,000

10%

0
Jasa
Barang
%TKDN

2006
5862
995
43%

2007
4737
1846
54%

2008
6568
1400
43%

2009
5408
3577
49%

2010
6976
3811
63%

PRIVATE AND CONFIDENTIAL

2011
8109
3706
61%

Dec-12
11388
4965
60%

0%

24

UPSTREAM OIL AND GAS EFFICIENICY

2009 - 2012
ProcurementSharingSaving(US$Million)

InventoryandAssetOptimalization (US$
Million)

140

124

50

120

43
103

40
40

100

80

71

30

37
3

28

Realisasi
60

Realisasi
20

40

33
10

20

0
2009

2010

2011

2012

0
2009

PRIVATE AND CONFIDENTIAL

2010

2011

2012

25

THE VALUE OF PROCUREMENT TRANSACTION THROUGH

STATE OWNED OR LOCAL OWNED BANK
YearlyTransactionCommitment(BillionUS$)

April December2012(MillionUS$)
$16.29
0%

$522.35
2%

$491.29
2%
10,000

$5.82
$5
82
0%

$32.24
0%

9,337.90
$1,735.39
$1
735 39
7%

8,000

1 Mandiri
$3,670.02
15%

6,348.63
6,000

2 BNI
3 BRI

4,626.21
4,000

4 Syariah Mandiri

3,969.68
$17,809.01
74%

5 Mandiri/BNI
6 Mandiri & BRI
7 Muamalat

2,000

8 BUMD
0
2009

2010

2011

Dec-12

TotalTotal
fromApril
April2009
2009 s.d.
to December
Desember2012
2012:
US$24.28
Billion
US$
24,28 Miliar

PRIVATE AND CONFIDENTIAL

26

ASR FUND IN STATE OWNED BAND

Cumulative ASR Fund

(Million US$)

Total ASR Fund

350
301
300

250

$ 71,645,024.91
23.82%

232

$ 109
109,364,812.71
364 812 71
36.36%

200
BANK RAKYAT INDONESIA

167
150

BANK MANDIRI
134

BANK NEGARA INDONESIA

100
$ 119,810,305.88
39.83%

50

0
2009

2010

*)Statusper30November2012

2011

30 Nov'12
Nov 12

PRIVATE AND CONFIDENTIAL

27

2013 SKKMIGAS All righ

hts reserved

AGENDA

4 2013 Work Program

4.

TARGET 2013
2013APBNTARGET

OilLifting900MBOPD
GasLifting7890 BBTUD
WP&B
2013

Cost
CostRecovery
eco e y
USD15,5 Billion
GOITake
US$ 31,7 Billion

PRIVATE AND CONFIDENTIAL

2260 MBOEPD
-CR & -Share

31,7 Miliar USD

29

2013 TARGET
Revised@Januari 2013

No

PARAMETER

SATUAN

TARGET

Oil Lifting

[MBOPD]

830 - 850

Gas Lifting

[MMSCFD]

6.939

[BBTUD]

7.715

[MBOEPD]

1.240

Oil and Gas Lifting

[MBOEPD]

2.070 2.090

Cost Recovery

[Billion US$]

16,5 17,9

GOI Take

[Billion US$]

27,9 29,5

p
US$105/bbl
*)) OIL Price Assumption:
GAS Price Assumption : US$9,35/mmbtu
PRIVATE AND CONFIDENTIAL

30

UPSTREAM OIL AND GAS PROJECT OIL

2013 ((in BOPD))
No

Lapangan

2013
1

10

11

12

AVG2013

POD/POPonstream2013onward
1
2

Anoa(PremierOilNatunaSeaBV)
DuriArea13(ChevronPacificIndonesia)

0.2 0.2 0.2 0.2 0.2 0.2 0.09

0.1 0.1 0.1 0.03

3
4
5
6
7
8
9
10
11

Gundih(Kedungtuban,Randublatung,Kedunglusi)PertaminaEP
Letang,Tengah,rawa(ConocoPhilips(Grissik)Ltd)
PondokMakmurPhase1(PertaminaEP)
Ruby(PearlOilSebukuLtd)
KE38B(PHEWMO)
KE39(PHEWMO)
KE40(PHEWMO)
KE54(PHEWMO)
SouthMahakam(TotalE&PIndonesie)
POP/PODOnstreammundur2012ke2013
PODLapanganTonga/MOSESA
ProjectJetty/SELERAYA
POD Ridho 1 / ODIRA
PODRidho1/ODIRA
PODRinduArea7(Duri)/PTCPI
POPSumurTiungBiru1ST/PERTAMINAEP
PODBudi/TATELY
DuriArea12
POFDDuriArea8Rindu/PTCPI
EOR
Rantau(PertaminaEP )
TalangJimar(PertaminaEP )

1.5

1.5

1.5

1.5
1.5
1.0 1.0 1.0 1.0
1.5 1.5 1.5
6.0 6.0 6.0 12.0

1.5
1.5
1.0
1.5
12.0

1.5
1.5
1.0
1.5
12.0

0.9

0.04
1.5
1.5
1.0
1.5
16.0

0.9

0.04
1.5
1.5
1.0
1.5
16.0

0.9

0.04
1.5
1.5
1.0
1.5
16.0

0.5
0.9
3.3
0.04
1.5
1.5
1.0
1.5
18.0

0.5
0.9
3.3
0.04
1.5
1.5
1.0
1.5
18.0

0.5
0.9
3.3
0.04
1.5
1.5
1.0
1.5
18.0

0.13
0.45
0.82
0.02
1.50
1.13
1.00
1.38
13.00

0.9

0.2

0.2
2.4

0.9

0.2

0.2
2.4

0.9

0.2

0.2
2.4

0.9
1.0
0.3
03

0.2
0.2
0.2
2.4

0.9
1.0
0.3
03

0.2
0.2
0.2
2.4

0.9
1.0
0.3
03

0.2
0.2
0.2
2.4

0.9
1.0
1.1
11
0.6
0.2
0.2
0.2
2.4

0.9
1.0
1.1
11
0.6
0.2
0.2
0.2
2.4

0.9
1.0
1.1
11
0.6
0.2
0.2
0.2
2.4

0.9
1.0
1.1
11
0.6
0.2
0.2
0.2
2.4

0.9
1.0
1.1
11
0.6
0.2
0.2
0.2
2.4

0.9
1.0
1.1
11
0.6
0.2
0.2
0.2
2.4

0.88
0.75
0.61
0 61
0.28
0.20
0.15
0.20
2.37

0.7 0.7
0.7 0.7

0.7
0.7

0.7 0.7
0.7 0.7

0.7 0.35
0.7 0.35

2.5 2.5

2.5

2.5 2.5

2.5 1.25

12

14

14

23

12
13
14
15
16
17
18
19

20
21
FasProd
22
BanyuUrip(MCL )

POD/POPonstream2013onward
EORPEP
FasProd
TOTALPOD/POP+Fasprod&EORPEP
ExistingwithoutNewProject(Decline5%/tahun)
Total

23

23

29

29

29

35

35

35

1.4 1.4 1.4 1.4 1.4 1.4

2.5 2.5 2.5 2.5 2.5 2.5

12
14
14
23
23
822
818
815
811
808
PRIVATE
AND
CONFIDENTIAL
834
832
828
834
831

23
805
827

33
801
834

33
798
831

33
795
828

39
791
830

39
788
827

39
785
824

25
0.7
1.3
27
803
32
830

UPSTREAM OIL AND GAS PROJECT GAS

2013 ((in MMSCFD))
No

2013

Lapangan
1

AVG2013
7

10

11

12

POD/POPONSTREAM2013
1

Anoa(PremierOilNatunaSeaBV)

37.0 37.0 37.0

37.0 37.0 37.0

18.5

Bayan A (Manhattan Kalimantan Investment Pte Ltd)

BayanA(ManhattanKalimantanInvestmentPte.Ltd)

1 3 1.3
1.3
1 3 1.3
13

4 3 4.3
4.3
4 3 4.3
43

4 3 4.3
4.3
4 3 4.3
43

25
2.5

Gundih(PertaminaEP)

40.0 40.0 40.0

10.0

Letang,Tengah,rawa(COPIGrissikLtd)

41.3 41.3 41.3

41.3 41.3 41.3

20.6

PondokMakmurPhase1(PertaminaEP)

1.8 1.8 1.8

1.8 1.8 1.8

0.9

Ruby(PearlOilSebukuLtd.)

20

20

60.0 60.0 60.0

20.0

SouthMahakam(TotalE&PIndonesie)

120 120 120 190 190 190 215 215 215

240 240.0 240.0

191.3

SumpalPhase2(COPIGrissikLtd)

56.1 56.1 56.1

28.1

GrissikDebotlenecking(COPIGrissikLtd)

130 130 130 130 130 130 130

75.8

10

KampungBaru(EnergyEquityEpic(Sengkang))

20

56.1 56.1 56.1

12

12

12

18

18

18

18

18

18

18

18

18

16.5

POD/POPonstream2012RampUp

280

278

275

273

271

269

266

264

262

260

258

255

268

POD/ POP onstream 2013 onward

POD/POPonstream2013onward

132

132

132

209

209

339

523

523

523

628

628

628

384

TOTALPOD/POP

412

410

407

482

480

608

790

788

785

888

886

884

652

EXISTINGtanpanewProject(Decline10.7%/tahun)

6601

6542

6484

6426

6369

6312

6256

6200

6145

6090

6036

5982

TOTAL

7013 PRIVATE
6952 AND
6891 CONFIDENTIAL
6909 6849 6920

7046

6988

6930

6978

6922

6866

6287
33

6939

EXPLORATION DRILLING
Program
g
And Realization - 2013

PRIVATE AND CONFIDENTIAL

DEVELOPMENT DRILLING
Program
g
And Realization - 2013

PRIVATE AND CONFIDENTIAL

Planning of Survey, Drilling, & Workover Activities, And

Contribution To Production in 2013 (*)
ACTIVITIES

WP&B 2013

Realization (**)

Additional Production
OIL
(BOPD)

GAS
(MMSCFD)

Seismic 2D

18.751 km

138 km
138km

Seismic 3D

22.298 km2

102km2

Surveyy andOthers

7Activities

2Activities

ExplorationDrilling

258wells

5wells

1.178wells

35wells

74.444

587

Berdasarkan Hasil WP&B 2013

Workover
1.094wells
Realisasi sampai dengan tanggal 25 Januari
2013

55wells

46.274

350

DevelopmentDrilling
(*)

(**)

(*)
(**)

Based on WP&B 2013

Realization as per 25 Januari 2013
PRIVATE AND CONFIDENTIAL

2013 SKKMIGAS All righ

hts reserved

AGENDA

5. Strategic Objectives

SKKMIGAS OBJECTIVE
PresidentReferrals

1.Put forward integrity

2.Prioritize
professionalism
3.Remodel
3
Remodel the
organization
4.Restore the investment
climate that was
disturbed

SKKMigasEffort

1. Formulate a technical and

management breakthrough to
optimize short term oil and gas
production and increase reserves to
achieve the futures production
target.
2. Evaluate goods and service
procurement.
3. Improve coordination with other
bodies to discover means of
solution to realization disturbance in
the upstream oil and gas industry.

Objective
LONG TERM
1 Increase oil and gas reserve
1.
discovery through massive
exploration activity.
MIDDLE TERM
2. Objectify PSC Contractors effort to
increase oil and gas production
especially EOR.
3. Improve national capacity in oil and
gas industry.
SHORT TERM
4. Complete oil facility projects,
especially Banyu Urip Cepu field.

4. Uphold the Local Content (Tingkat

Komponen Dalam Negeri / TKDN)
target achievement
achievement.

5. Complete gas facility projects,

especially Masela, Tangguh, IDD,
Jangkrik and Donggi-Senoro
Jangkrik,
Donggi Senoro field.
field

5. Maximize government income

according to the approved
economic.

6. Trimming the working method to

reduce micro problems.
7. Adaptation of the organization and
HR
HR.

PRIVATE AND CONFIDENTIAL

38

SKKMIGAS OBJECTIVE (contd)

Objective
LONGTERM
1. Increaseoilandgasreserve
discoverythroughmassive
y
g
explorationactivity.
MIDDLETERM
2. ObjectifyPSCContractorseffort
toincreaseoilandgasproduction
especially EOR
especiallyEOR.
3. Improvenationalcapacityinoil
andgasindustry.

KPI
Reserve Replacement Ratio achieved
ReserveReplacementRatioachieved
EORactivityandoptimalizationofidleareacompleted
Improvenationalcapacityandcapabilitybuilding
(enabler)

SHORTTERM
4. Completeoilfacilityprojects,
especiallyBanyuUrip Cepu field.
5. Completegasfacilityprojects,
especiallyMasela,Tangguh,IDD,
Jangkrik, and DonggiSenoro
Jangkrik,andDonggi
Senoro
field.
6. Trimmingthewotking methodto
reducemicroproblems.
7 Adaptationoftheorganization
7.
Ad t ti
f th
i ti
andHR.

Accomplishprojecttargetsachieved

EnhanceSKKMigasorganizationcapability(enabler)

PRIVATE AND CONFIDENTIAL

39

SKKMigasJointKPI
CollectiveeffortofalldivisiontoachieveSKKMigasKPI
Completed
realization of surveys
( i i geology
(seismic,
l
&
geophysics)
Completed realization
of exploration well
drilling

WP&B, AFE, & POD

approved on time

Permits approved on
time

Completed
EOR activities
and idle area
optimalization

Reserve
Replaceme
nt Ratio
achieved

OilandGas
Reserves

HoldNatural
Production
Production
Decline

Completed
realization of
d
development
l
t
well drilling
Completed
realization of work
over & well service

Completed project on time

Completed offtaker agreement on time
Land provision
approved on time

Goods and service

procurement approved
on time

Completed assessment
of blueprint and
ammendment of law
and aligned to working
program

Pelaksanaan planned shutdown

sesuai dengan jadwal
Minimalisasi kehilangan
produksi akibat gangguan
fasilitas bawah maupun atas
permukaan, transportasi dan
penyimpanan minyak dan gas
Minimalisasi kehilangan
produksi akibat gangguan
keselamatan, keamanan dan
sosial

Oil d G
OilandGas
Production/
Lifting

Minimize production loss

due to downtime
Mi i i production
Minimize
d
i
loss
l
due to monetization /
commercial aspect

Government Income
achieved consistent
to POD

Completed Closed Out

AFE
Pencapaian penghematan
dari pengadaan bersama
Saving from sharing
assets with PSC
Contractors achieved
Completed operational
and maintenance cost
control
Completed project
consistent to budget

PRIVATE AND CONFIDENTIAL

Government
Income

CostRecovery
Control

SATUAN KERJA KHUSUS

PELAKSANA KEGIATAN USAHA HULU MINYAK DAN GAS BUMI
(SKK Migas)

HEAD OFFICE
Wisma Mulia Building Floor LG, 22, 23, 27, 28, 29, 30, 31, 33, 36, 38, 39, 40
Jl. Jend. Gatot Subroto Kav. 42, Jakarta 12710, INDONESIA
PRIVATE AND CONFIDENTIAL

PO BOX 4775
Telephone : +62 21 2924 1607
Facsimile : +62 21 2924 9999