Exxon has successfully started the onshore central processing facility at the Banyu Urip field in Indonesia, helping increase production to more than 130,000 barrels of oil per day and increasing production in coming months.
Once full field production is reached, Banyu Urip will represent approximately 20% of Indonesia’s 2016 oil production target, the US oil giant said.
“This milestone demonstrates ExxonMobil’s project management expertise and illustrates the strong partnerships we share with our Indonesia co-venturers and contractors, the government, and the community,” said Neil Duffin, president of Exxon Development Company.
Banyu Urip is expected to produce 450 million barrels of oil over its lifetime. The project consists of 45 wells producing from three well pads, an onshore central processing facility, a 60-mile onshore and offshore pipeline and a floating storage and offloading vessel and tanker loading facilities in the Java Sea.
Exxon partnering with Pertamina EP Cepu and the Cepu Block Cooperation Body, commenced production from Banyu Urip in late 2008, and output has increased as additional facilities were brought online in 2014 and 2015.
Banyu Urip has been successfully developed by five Indonesia-led contractor consortiums responsible for engineering, procurement and construction. Together they employed more than 17,000 Indonesian workers at peak levels, representing 95 percent of the project’s overall workforce, and utilised more than 460 Indonesia subcontractors.
Exxon expects to increase its global production volumes in 2015 to 4.1 million oil-equivalent barrels per day. The volume increase is supported by the ramp up of projects completed in 2014 and the startup of major developments in 2015