Pertamina EP Bunyu Field Drills Another Two Development Wells

Bunyu, March 10, 2022 – After successfully drilling B-2102 and B-2103 wells in early 2022, PT Pertamina EP (PEP) Bunyu Field, part of the Upstream Subholding Kalimantan Region Zone 10, continued drilling the third and fourth wells, namely B-2105 and B-2109 wells, marked by prayer together and thanksgiving for drilling wells (3/3/22).

The drilling of this development well is Pertamina's commitment to the Upstream Subholding Kalimantan Region to continue to invest in maintaining and increasing oil and gas production which is essential in supporting the achievement of national production targets. The drilling of these two wells is expected to increase Bunyu Field's oil and gas production, currently reaching 4,529 BOPD of oil and 7,951 MSCF of gas. The drilling depth of the two wells is estimated at 2,700 mMD.

Acting Senior Manager of Bunyu Field, Agung Setyawan, explained that PEP Bunyu Field continues to synergize with all relevant stakeholders. Therefore, the drilling activities can run smoothly and according to the stipulated timeframe.

“PEP Bunyu Field continues to strictly enforce health protocols in the drilling area following the company's principle of always prioritizing the HSSE aspect in all oil and gas operations and business activities. In addition, as a form of the company's gratitude for this drilling activity, PEP Bunyu Field handed over compensation to 50 poor people in Bunyu District in the form of cash and beef," added Agung.

Representative of Bunyu District, Ahmad Santosa, appreciated the company's contribution to the Bunyu community and hoped that drilling activities would run smoothly. "Hopefully, the drilling will be successful and smooth in producing oil to increase national production, which will have an impact on improving the economy in the Bunyu area," he said.

PEP Bunyu Field and all subsidiaries under the management of the Upstream Subholding Kalimantan Region will continue to synergize and collaborate to produce safe and sustainable energy. This is important to ensure that the company's oil and gas operations can support national energy security and improve the community's economy, especially in Bunyu District, Bulungan Regency, North Kalimantan Province.**