Live Streaming
Program Highlight
Company Profile
Zona Integritas
05
August

 

The Upstream Oil and Gas Regulatory Special Task Force (SKK MIgas) is optimistic investment in the upstream oil and gas industry in the country will increase after the government began a regular tender for the third phase of conventional oil and gas working areas in 2019.

At least 42 main oil and gas projects with a total investment of US$43.3 billion will be realized until 2027, SKK Migas Chief Dwi Soetjipto said in a press statement released on Sunday.

The 42 projects are expected to have a total production of 1.1 million barrels of oil equivalent (MBOE) consisting of 92.1 thousand barrels of oil and 6.1 billion cubic feet per day of natural gas. 

"Four of them are national strategic projects in the upstream oil and gas sector which become priority to increase oil and gas production in order to meet the increasing oil and gas consumption in the country," he said.

He said the government approved 13 investment plans to develop oil and gas fields as of June 30, 2019. The projects are expected to increase oil and gas deposits to 132 MBOE. The figure will add to reserve replacement ratio (RRR) of 23.85 percent of the target of 100 percent in the 2019 state budget.


Meanwhile, Chief of SKK MIgas Program and Communication Division Wisnu Prabawa Taher said his side has designated 10 prospective areas to support oil and gas exploration activities in the future.

The 10 potential areas are Mesozoic Play in North Sumatra, Basin Center in Central Sumatra, Fractured Basement Play in South Sumatra, Offshore Tarakan, NE Java-Makassar Strait, Kutai Offshore, Buton Offshore, Northern Papua (Plio-Pleistocene & Miocene Sandtone Play), Bird Body Papua (Jurassic Sandstone Play), and Warim Papua (ANTARA)

03
August
The Sukabumi District Disaster Mitigation Office (BPBD) has evacuated residents living along Pelabuhan Ratu coast to safer ground after a powerful earthquake rocked the western part of Java Friday night. All residents living along the coast have been evacuated to higher ground, Chief of the Rehabilitation and Reconstruction Section of the West Java Provincial Disaster Mitigation Board (BPBD) Budi Budiman Wahyu said in a statement released Friday in Sukabumi district.
 
The Provincial BPBD has been coordinating with the District BPBD to monitor post-quake developments, Budi said.
 
"Let's wait for 30 minutes and we will update the data. We have not received information on material damage," he said.
 
The earthquake of magnitude 7.4 rocked the western part of Java at 07.03 p.m. on Friday. (ANTARA) 
03
August
The Meteorology, Climatology and Geophysics Agency (BMKG) revoked the early warning of the potential tsunami at 21.41 local time after a 7.4-magnitude earthquake hit some areas in Banten, according to its official Twitter @infoBMKG.  
 
Earlier, at 19.03 local time, an earthquake occurred 147 kilometers Southwest of Sumur, Banten at a depth of 10 kilometers.
 
The tremors were felt in Java from Jakarta to East Java. (ANTARA) 
03
August
The 7.4-magnitude earthquake that hit Banten was due to the subduction of the Indo-Australian plate under the Eurasian plates, according to the Meteorology, Climatology and Geophysics Agency (BMKG). "The Unites States Geological Survey (USGS) records the earthquake at coordinates 104,806° East and 7.29° South with a magnitude of M6.8 at a depth of 42.8 km," Head of the Volcanology and Geological Disaster Mitigation Center (PVMBG) of the Ministry of Energy and Mineral Resources (ESDM) Kasbani said in a statement received by Antara in Jakarta, Friday night.
 
The earthquake occurred Friday, August 2, 2019, at 19:03:21 local time. The epicenter of the earthquake was located at coordinates 104.58° eastern longitude and 7.54° southern latitude, with a magnitude of M7.4 at a depth of 10 km, 137 km southwest of Sumur, Banten, BMKG noted.
 
The epicenter of the earthquake was in the sea. The area bordering the epicenter is the southern coastal areas of Banten, West Java and Lampung, which are composed by sediment rocks from Quaternary period.
 
The Quaternary rocks were weathered and therefore the structures were loose and broken. These characteristics led to the strengthening of the earthquake shocks.
 
The BMKG has issued a tsunami warning with a standby status in South Pandeglang and southern coastal areas of Lampung and an alert status in North Pandeglang, Lebak, western coastal areas of Lampung, and the coastal areas in Bengkulu. The tremors were felt with III-IV MMI intensity in Pandeglang and southern coastal areas of Lampung; II-III MMI in Jakarta, Bandung (West Java), Depok (West Java) and Yogyakarta.
 
There were no reports of casualties, the Regional Disaster Management Agency (BPBD) of Pandeglang District, Banten noted.
 
"There have been no reports. We have asked Head of Sumur sub-district to evacuate people as there is a tsunami potential," Head of Rehabilitation and Reconstruction Section of Pandeglaang's BPBD Lilis said in Pandeglang, Friday. (ANTARA)