Knowledge Sharing - Teknik Geodesi & Geomatika ITB, 24 Feb 2018

UPSTREAM OIL AND GAS

IN INDONESIA
Aldy Amir
15197028
Aldy Amir
aldyamir@skkmigas.go.id
Education : - Graduate (ST), Geodetic Engineering, ITB, 2002
- MM, PPM, Indonesia, 2006
- Master MEDEA, Eni Corporate University, Italy, 2010
- Petroleum Development & Operations, PETRAD, Norway, 2013
Competencies : Oil and Gas Industry, Petroleum Economics, Exploration, Commercial,
Strategic Planning, Budgeting, Cost Management
Company Experiences : BPMIGAS/SKK Migas

Work Experience:
- Senior Manager Work Program, Sept 2017 – present
- Senior Petroleum Economics Specialist, Apr – Sept 2017
- Manager, WP&B and POD Management Region II, Sept 2014 – Apr 2017
- Manager, PSC Economics Management, Feb 2013 – Sept 2014
- Head of Operations, Representative Office for Java, Bali, Madura and Nusa Tenggara, Sept 2012 –
Feb 2013
- Manager, Office of the Chairman, Jul 2011 – Sept 2012
- Manager, Cost Management Region I, Dec 2010 – Jul 2011
- Cost Analyst Region I, Jun 2009 – Nov 2010
- Exploration Geologist Region North Sumatra & Natuna, Oct 2007 – Mei 2009
- Staff, Exploration Commitment Region Java & South Sumatra, Aug 2003 – Sept 2007
AGENDA

1 Upstream Oil and Gas - Overview

2 Upstream Oil and Gas – Current Situation

 VIDEO

Mengenal
Kontrak Bagi
Hasil
UUD 1945

Pasal 33 ayat 3:
“Bumi, air dan kekayaan alam yang terkandung didalamnya
dikuasai oleh Negara dan dipergunakan untuk sebesar-
besarnya kemakmuran rakyat”
 STRUKTUR UNDANG-UNDANG NOMOR 22 TAHUN 2001
TENTANG MINYAK DAN GAS BUMI

Mineral
Negara
Right

Kuasa
Pertambangan membentuk
Mining Right Pemerintah BPMIGAS

Wilayah Kontrak
Kerja Kerja Sama
Economic Pemerintah
Right dan BU/BUT Pengendalian

Source: SKK Migas, 2014

6
UUD 1945 NEGARA UUD 1945

UU DPR PUTUSAN MK
22/2001
PEMERINTAH

PP 42/2002 X Presiden
PERPRES 95


Perpres 9
X BPMIGAS MESDM


DITJEN Migas SKK Migas KKKS

Sebelum Sesudah
Source: SKK Migas, 2014

7
 KONTRAK KERJA SAMA (KKS)
Menjadi Penggerak dan Acuan Investasi Hulu Migas

PRODUCTION SHARING CONTRACTs

Resources Owner Investors

…memberikan manfaat
…maximizing return on
dan penerimaan yang
investment to satisfy
maksimal bagi negara …
shareholders…
(UU 22/2001 ps. 44)

Source: SKK Migas, 2014 8

 FUNGSI SKK Migas

Ref. UU 22/2001 dan Perpres No. 95/2012

• Memberikan pertimbangan kepada Menteri dalam hal
penyiapan dan penawaran Wilayah Kerja dan Kontrak Kerja
Sama.
• Menandatangani Kontrak Kerja Sama
• Memberikan persetujuan Rencana Kerja dan Anggaran.
• Menyampaikan Rencana Pengembangan Lapangan (POD I),
untuk disetujui Menteri.
• Menyetujui POD II dan selanjutnya.
• Melakukan pengawasan dan melaporkan kepada Menteri
pelaksanaan KKS.
• Menunjuk penjual Minyak dan gas bagian Negara
Source: SKK Migas, 2014
 PERKEMBANGAN WILAYAH KERJA MIGAS DI INDONESIA
Status 31 Desember 2017
350
321 318
308 312
300 287 280
255
245
250 228
203
200
169

139
150 130 136
110
100

50

0
200 200 200 200 200 200 200 201 201 201 201 201 201 201 201
3 4 5 6 7 8 9 0 1 2 3 4 5 6 7
WK Non Konvensional 7 20 23 42 54 55 55 58 54 49
WK EKSPLORASI KONVENSIONAL 59 76 79 80 110 132 141 155 172 179 187 183 170 141 119
WK EKSPLOITASI 51 54 57 59 59 64 67 67 73 75 79 80 84 85 87
Source: SKK Migas, 2017 JUMLAH WK 110 130 136 139 169 203 228 245 287 308 321 318 312 280 255
 VIDEO

Eksplorasi dan
Produksi
 Kunci Terjadinya Petroleum System
Waktu Pengendapan Source  Reservoir  Batuan Tudung  Jebakan
Kematangan HC Migrasi
Proses
Proses
Sumur
Proses Tektonik
Migrasi
Taruhan
Sedimentasi

1. Source
2. Reservoir
3. Tudung
4. Jebakan
5. Kematangan

6. Migrasi
 UPSTREAM BUSINESS MILESTONES

DRY HOLE
PREPARATION
STAGE : HYDROCARBON
• Pre-study
RESERVES
EXPLORATION
• Contract sign STAGE :
• Survei DEVELOPMENT
• Evaluation STAGE :
• Wildcat drilling • Development
drilling
• Production PRODUCTION
facilities STAGE :
DISCOVERY • Transportation
• Maintenance
HYDROCARBON
RESOURCES

PROFIT $
Source: SKK Migas, 2014
OIL AND GAS ACTIVITY PHASE
1 2 3 4 5
3 -6 years 1-2 years 3 -6 years 10 - 20 years 1 -2 years

Exploration Appraisal Development Production Abandonment

Fail Fail Fail Fail Fail

Gate 1 Gate 2 Gate 3 Gate 4 Gate 5

Pass Pass Pass Pass Pass

DSP DSP DSP DSP

DSP
 Commercialization  Production/Operation
Seismic Abandonment
Seismic
 FEED  Maintenance
 Exploration liabilities (if
 Appraisal
 Detail Engineering  Facility Upgrade
Drilling specified in
Drilling
 HSE / AMDAL and replacement
 Studies the PSC.
 Studies
 Facility Construction  Reservoir & Production
 Conceptual
 Development Drilling Surveillance

Gate A Gate is a formal hold point in the process. The outputs from the preceding section form the Inputs to the following section.

DSP refers to Decision Support Package

 PSC MECHANISM

PSC Contract

Exh. C
Financial
Quarterly
Report
Work Program &
Budget
(WP&B)
Plan of
routine Projects
Development
(POD)

Authorization
For AFE
Expenditures Close-out
(AFE) report

Source: SKK Migas, 2014

16
 Start PSC End PSC
(Dec. 2002) (Dec. 2032)
Exploration Exploitation
(Year 9 of 10) (Year 20 of 30)

POD I
(30 Des. 2011)

Economic Limit
POD I Field A (2029)

Onstream
(August 2015)
POD Field B

POD Field C

WP&B WP&B WP&B WP&B WP&B WP&B WP&B WP&B

AFE #1: FEED AFE #2: Gas Plant

AFE #3: Flowline AFE #4: Drilling

Source: SKK Migas, 2014
18

PLAN OF DEVELOPMENT (POD)

Rencana Pengembangan satu atau lebih lapangan

migas secara terpadu (integrated) untuk
mengembangkan / memproduksikan cadangan
hidrokarbon secara optimal dengan mempertimbangkan
aspek teknis, ekonomis, dan Health Safety &
Environment (HSE) sehingga memberikan penerimaan
yang sebesar-besarnya bagi negara dan keekonomian
yang wajar bagi KKKS.

Source: SKK Migas, 2014

19
POD - SCOPE
Transporting Petroleum

Offshore
Oil Field Platform

Tanker
Oil Field
Pipeline Refinery

Pipeline

Consumers
Local Railroad Tank Cars
Tank Truck Distributor
Mobil
Mobil

Industrial
Customers
JMA after World Book Encyclopedia
24803
Source: SKK Migas, 2014
20
POD - SCOPE

Source: SKK Migas, 2014

21
POD - CLASSIFICATION

Fasilitas
•

Tie in
WK A
POFD WK B
Tie in S Tie in U
•
•

POD I
Z W
V

P Q
R
POP

Unitisasi Lapangan W

POD II

Formasi/Reservoir Z

Keterangan : Formasi/Reservoir Y

Lapangan: P, Q, R, S, berada di Wilayah Kerja A Formasi/Reservoir X

Lapangan: U dan V berada di Wilayah Kerja B;

Lapangan U dan lapangan Q mempunyai fasilitas lebih yang dapat dimanfaatkan Lapangan S.
Lapangan W berada di Wilayah Kerja A dan Wilayah Kerja B, memerlukan Unitisasi.
POD I di Lapangan P sebagai Lapangan pertama, pada Formasi/Reservoir X dan Y
POD II di Lapangan R sebagai Lapangan kedua di Wilayah Kerja A sesudah P
POP di Lapangan S, memanfatkan fasilitas Lapangan U atau fasilitas lain disekitarnya.
X, Y, Z adalah Formasi/Reservoir dari lapangan P

Source: SKK Migas, 2014

22
BASIC PSC ECONOMIC MODEL

Gross Revenue 1
Unrecovered Cost
2
FTP
Operating Costs:
• Previous Year
Unrecovered Cost
Recoverable Cost 3

• Non Capital Cost

4
• Depreciation of Capital Cost Equity to be Split
6 5

Government Share Contractor Share (CS)

7
(+) (-)
DMO Volume (25%)
(-) (+)
DMO Fee
8
Taxable Income
10 9
(+) (-)
Tax Payment

12 Government Take 11 Contractor Take

Source: SKK Migas, 2014
AGENDA

1 Upstream Oil and Gas - Overview

2 Upstream Oil and Gas – Current Situation

VIDEO

KRISIS
Perkembangan PSC
Perubahan Fiskal menyikapi adanya perubahan harga minyak dan dampaknya terhadap aktifitas

UU Pajak di AS
Parameter REGULASI Dan Fiskal Berkontribusi Signifikan Dalam
Capaian Pengembangan Sektor Hulu Migas Di Indonesia

Need Stimulation
50% RRR
Technical

The impact of these parameters gives result

in statistic performance of Reserve
Replacement Ratio, Upstream Development
lead times, and Stimulation for better future
profile of upstream sector in Indonesia

Source : SKK Migas, Wood Mackenzie

Masih Banyak Cekungan yang Harus Dieksplorasi

basin mapping by Geological Agency of Indonesia (2010), basin’s

PRODUCING (18 BASINS) status by Satyana (2012)
DRILLED WITH DISCOVERY (12 BASINS)

DRILLED WITH NO DISCOVERY YET (24 BASINS)

UNDRILLED (74 BASINS)
One size fits all model does not exist
Skema Existing PSC dan Gross Split PSC

Gross
Production Gross
Production
FTP

Government Contractor
Government Contractor share Share
share Share
Biaya
Cost DMO Operasi
DMO Recovery full
Diff. price
Taxable
Taxable Income
Income
Income
Income Tax
Tax

Government Contractor
Government Contractor Take take
Take take

Source: SKK Migas, 2017