KSO PERTAMINA EP
PT BANYUBANG BLORA ENERGI
A Company With Strength in Any Possibility!
Investment Profitability
Capturing new growth opportunities with our Smart Goals Management base on expert global learning investment in the oil and gas industry. Effective strategy, timing, market knowledge, and risk managemet. Sustainable impact that align with global trends can deliver solid financial returns while also supporting ethical goals.
Industrial Innovation
Streamlined production and implementation of flowlines. Drilling efficiency in oil and gas production optimizing drilling operations to reduce costs, time, and environmental impact while maximizing resource and real-time data analytics, enhancing drilling precision, minimizing non-productive time, and implementing Zero Accident. Leading to increased overall productivity and profitability.
Environmental Sustainability
Emphasizes prioritizing safety measures to prevent accidents and maintain a safety Environmental sustainability by identifying risks before they lead to incidents. Managing and supporting sustainable resources ecosystems to meet present needs without compromising the ability of planet for future generations.
Our Mission
Vision & Mission
- To be a reliable and dynamic energy company consistently committed to environmental sustainability.
- As a Joint Operation Cooperation (KSO) operator with Pertamina EP, our mission is to achieve high production success rates with efficeint and effective productivity and performance, delivering the best results and maximizing profitability. We aim to enhance profit margins for the benefit of shareholders, stakeholders, and the entire company, with a strong emphasis on teamwork among employees.
ABOUT US
PT. Banyubang Blora Energi (BBE) is a subsidiary of the regional company PT. Blora Patra Energi (BPE) in Blora District.
BBE collaborates with PT. Banyubang Blora Pertiwi (BBP) to carry out a Join Operation Agreement (KSO) with PT. Pertamina EP. This agreement involves operating the Banyubang Production Field in Blora District, Central Java, Indonesia.
Banyubang Field is a production field that still holds significant hydrocarbon potential for further development. There are approximately 33 oil wells in the Banyubang Field that were not yet in production at the time of the Joint Operation Cooperation (KSO) signing agreement. The field contains two productive formations: the Wonocolo Formation and Ngrayong Formation. Currently, within the KSO BBE working area, there are also old wells that are being produced traditionally by local communities organized under a cooperative (KUD) through an old well production agreement, with KSO PEP - BBE serving as outhority management area.
Fields History
Our oil field is an onshore located in Central Java, covering an area of 35.34 km². Geographically, 140 km northwest of Surabaya, 20 km northwest of Cepu, and approximate 9 km east Blora. Administratively field, is located within the Blora Regency of Central Java.
Work Area
KSO PEP – Banyubang Blora Energi will drill 1 (wells). Commitment in 2024, aimed at producing oil from the Banyubang field. In 2025, a 2D Seismic acquisition will be carried out as part of Commitment and to provide additional data for the subsequent development plans.