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In 2011 PHE WMO was officially appointed as oil and

gas operator in West Madura, the agreement is


effective through 2031.
The history of the field can be traced back to 1967, when City Service signed an Exploration Agreement, which was
subsequently continued by a Korean contractor until 2011.
Pace of development of the West Madura field increased after the drilling of new wells up until 1983.
But it was only after 2000 that significant reserves were discovered, including at KE-23B, KE-24, KE-30, KE-39, KE-54, KE-7
and Poleng-C fileds.
With the transfer of operatorship, WMO has to maintain existing production, while making
improvements on all fronts in a systematic manner in order to achieve the level of production targeted by Pertamina Hulu
Energi.
Such improvements were achieved through the aggressive exploration and development drilling to maintain the productiondecline rate at 50% per year and the production expansion rate at 30%.
These successes were achieved through well-thoughtout and innovative planning and synergizing work motivation in all
areas.

Vision

"To be a world-class oil and gas company"


Mission

"To maximize the oil and gas potential of West Madura Offshore
through safe and reliable operations for the benefit of
stakeholders."
Corporate Values

Clean
Professionally managed, avoid conflict of interest, never tolerate bribery, respect trust and integrity based on Good
Corporate Governance principles.

Competitive
Able to Compete both regionally and internationally, support growth through investment, build cost effective and
performance oriented culture.

Confident
Involve in national economic development as a pioneer in State owned Enterprises' reformation, and build national
pride.

Customer Focused
Focus on customers and commit to give the best service to customers.

Commercial
Create added values based on commercial oriented and make decisions based on fair business principles.

Capable
Managed by professional, skilled, and high quality leaders and workers, committed to build research and
development capability.

Management

President/General Manager of PHE WMO with


more than 30 years experience in oil & gas
industry gained from various assignments
within Pertamina. She was born in 1962 in
Bandung. She was appointed President/GM
PHE WMO on early 2016. She previously
served as the President/General Manager of
JOB Pertamina-Medco Simenggaris (2008 20016), President/General Manager of JOB
Pertamina-Medco Madura (2008 2008),
Exploration Manager in KTI Region, PT
Pertamina EP Jakarta (2006 2008),
Exploration Manager of JOB Pertamina-Medco
Madura (2003 2006) and several other
postitions within Pertamina.

Sri Budiyani
President/General Manager

She received a Bachelor degree in Geological


Engineering from UPN Veteran, Yogyakarta in
1987 and pursued her Master degree also in
Geological Engineering from ITB Bandung
between 2000 2003.

Born in 1965, Dwi Mandhiri began his career at


WMO as Manager of Exploration in May 2011,
later in his career he held many different
positions in Exploration division that includes,
VP Exploration, Exploitation, & Economic
Planning. Dwi Mandhiri had served in various
companies in exploration and exploitation
related discipline at Schlumberger, CNOOC,
dan Kodeco Energy.
He graduated from Geological Engineering at
Gadjah Mada University in 1990.

Dwi Mandhiri
VP Exploration & Exploitation

TP Pasaribu was born in Tapanuli Utara in


1967. He was appointed as Senior Manager
HSE & Security PHE WMO since 2013. He
previously held position as Environmental
Manager at PT Pertamina (Persero) from 2011
to 2013.
He graduated from Institut Teknologi Bandung
majoring in Environmental Engineering in
1992. TP Pasaribu also held a master degree
from Gajah Mada University in Economics
(Management) in 2000.

T. Parningotan Pasaribu
VP HSSE

Born in Sukabumi in 1966, Michael Damanik


received a Mechanical Engineering degree from
Institut Teknologi Bandung in 1990 and later
pursued a master degree from Sekolah Tinggi
Manajemen Prasetya Mulya in 2002. He was
appointed as Senior Manager Operations in
2014 while previously held a position as
Manager Operations Business Support PHE
WMO.
Previously in his career, he also worked as
Operations Director at PT Amec Berca
Indonesia, Vice President and Offshore
Business Coordinator at PT Rekayasa Industri.
Michael Damanik
VP Operations

Affan Farid serves as the Senior Manager of


Supply Chain Management Division at PHE
WMO since February 2010 until present.
Previously, he held the position of the
Company's Manager Supply Chain Operations,
Manager Supply Chain, and Head of Logistics,
all at Supply Chain Management Division. He
previously worked for National Oilwell
Indonesia and YPF-Maxus Southeast Sumatra.

Affan Farid
VP Supply Chain

He graduated from University of Indonesia with


a Bachelor degree in Economics (Management)
in 1989. He then earned a Master in
Management in 1996 from Sekolah Tinggi
Manajemen PPM.

Meirita Widaningrum serves as the Senior


Manager of Human Resources & Relation
Division at PHE WMO since September 2013
until present. And She also serves as Senior
Manager of Human Resources & Relation
Division at PHE ONWJ since November 2012
until now. She previously worked for BP West
Java and Arco Indonesia.
She graduated from Bandung Institute
Technology with Bachelor degree in Petroleum
Engineering in 1989. She then earned a Master
in Management in 2002 from Magister
Management on International Management MMUI.
Meirita Widaningrum
VP HR & Relations

An Indonesian citizen, born in 1967. Iswantono


was appointed as VP Finance & Performance in
late 2015. He joined Pertamina in 1993 and
held various positions until he was appointed
as Finance Manager in UP II, Dumai (2008
2009), Budgeting & Forcasting Manager in
Pertamina Headquarter (2011), Account
Receivables Manager in Pertamina Headquarter
(2011), Budget & Control Manager at
Pertamina Hulu Energi (2012-2013), Senior
Manager Treasury & Tax in Pertamina Hulu
Energi 2013-2014).
Iswantono received a Bachelor degree from
Sebelas Maret University, Surakarta in 1991.
Iswantono
VP Finance & Performance

Our Business

WEST MADURA OFFSHORE


Located to the southwest of the island of Madura, Pertamina Hulu Energi West Madura Offshore (WMO) operates 10
platform on 98 wells.

KE-2
Commencing in 1982, production has averaged 250 BOPD, with the highest production level reaching 11,000 BOPD of
crude oil, up to October 2006 cummulative production has reached 6,010,000 barrel oil and 13,300 MMSCF of gas.

KE-5
Discovered in 1983, it now produces an average of 42 BOPD of condensate and 7 MMSCFD of natural gas. All gas gas and
condensate production is pumped through a 65-kilometer, 14-inch long subsea pipeline to the Receiving Station (ORF) in
Gresik. Total production as of the end of 2010 reached 1,395,000 barrels of condensate and 89,500 MMSCF of gas.

KE-6
KE-6 field consists of one gas well and started its initial production in January 2000 with 437 BCPD condensate) and 14.4
MMSCFD of natural gas. Cumulatively, total production of the blok reached 220 kbbl and 9.7 BCF.

KE-30
The discovery of the KE-30 field was preceded by the drilling of well KE 30-1 in August 2001. The development of the KE-30
field was carried out by drilling two exploration wells, namely KE 30-1 and KE 30-2. POD in the field was completed in
August 2012, with a total of 9 development wells being successfully drilled. KE-30 reached peak production in mid 2008 at a
rate of 4,500 BOPD,while gas production reached a peak of 7.5 MMSCFD in July 2013. At the present time, this field has 12
development wells.

KE-23
Commenced in November 2001, produces an average of 10,000 BOPD of oil and 18 MMSCFD of natural gas from 4 wells.
However, production declined after the 8th year. Total production amounts to 16,160,000 barrels of oil and 53,500 MMSCF of
natural gas.

KE-40
This field began to be developed in 2003, and production commenced in March 2005 through the KE-40A-1 well. Peak
crude oil production amounted to 9,500 BOPD and gas production to 38 MMSCFD in March 2007. Currently, the average
daily production of crude oil and gas from KE-40 is 1,500 BOPD and 13 MMSCFD, respectively.

GAS EXPANSION PHASE II


In 2007, Kodeco developed a new compressor at the AW platform. It also constructed a 16-inch pipeline to carry 200 BBTU
and 175 MMSCFD of natural gas from PPP to ORF.

KE-32
This field commenced development in 2008, and production started in December 2008 through the KE-32A-3 well. Peak gas
production amounted to 73,431 MMSCFD in November 2009.

KE-38A
The KE-38A field was developed in 2008, and commenced production in December 2008 through the KE-38A-6 well. Peak
crude oil and gas production amounted to 19,258 BOPD and 94,431 MMSCFD, respectively, in August 2010.

PHE-38B
PHE-38B commenced development in 2013 with 8 developmentwells, and started production in March 2013 through the
PHE-38B-1 PHE and PHE-38B-2 wells. Crude oil and gas production reached a peak of 15,587 BOPD and 35 MMSCFD
gas, respectively, in August 2013.

PHE-54
The PHE-54 field has six development wells and commenced production in July 2013 through the PHE-54A-7 well. Peak
crude oil production reached 2,794 BOPD in September 2013, while peak gas production reached 31.5 MMSCFD in
November 2013.

PHE-39
This field commenced development in 2013, and started production in December 2013 through the PHE-39-A5 well. Peak
crude oil production reached 2,942 BOPD in April 2014, while peak gas production reached 25.58 MMSCFD in August 2014.
The field has seven development wells.

FSO ABHERKA
FSO (Floating Storage and Offloading) platform operates in the offshore of PHE WMO has a capacity of 600,000 barrels and
accommodation facilities for 150 workers. FSO Abherka is the first project of Pertamina Perkapalan as part of the shift from
tankers to an FSOs. Pertamina Perkapalan will operate the FSO for 10 years in the PHE WMO area of operations.

ONSHORE RECEIVING FACILITY (ORF)


The gas produced by the offshore platforms is transported to a gas processing facility (ORF) some 70 km away towards
Gresik through two pipelines, one 14 inches in diameter and the other 16 inches. The gas is then dried before being
delivered to the customers, namely, PT. PGN (Persero) Tbk, PT. PLN (Persero) and PT. Gresik Migas. The processing of the
gas also produces condensate, which is collected in two tanks, each with a capacity of 10,000 barrels.

LAMONGAN SHOREBASE (LSB)


Lamongan Shorebase is a supporting facility to receive, store, and distribute all goods for operation, drilling and project. The
facilities at the Lamongan Shorebase, which have been certified with ISO 14001, OHSAS 18001, and ISO 9001:2008,
comprises of open yard, covered warehouse, bulk tank, cargo handling, crew change, and jetty to serve the entire PHE
WMO vessels.

NEW PLAN OF DEVELOPMENT (POD)


The integrated POD I covers PHE-7, PHE-12, PHE-24, PHE-29, PHE-44 and PHE-48. Integrated POD I was approved on
October 23, 2013, covering a total of 18 development wells. Its oil production contribution is estimated at 12,650 BOPD and
its gas contribution at 27.4 MMSCFD. The production plan can be implemented in 2016.

SEJARAH PERUSAHAAN
Sejarah PT Pertamina Hulu Energi merupakan bagian dari perjalanan sejarah PT Pertamina (Persero). Dimulai pada
1957 pemerintah membentuk Permina untuk menangani ladang-ladang minyak dan gas yang semula dikelola
perusahaan Belanda. Untuk menyatukan sumber daya yang waktu itu sangat terbatas, Permina bergabung dengan
Pertamin menjadi Pertamina pada tahun 1968. Saat itu sampai tahun 2001, Pertamina berstatus sebagai perusahan
negara yang diatur dengan UU khusus.
Sebagai respon terhadap dinamika usaha minyak dan gas dunia yang berkembang ketika itu, pada 2001, pemerintah
menerbitkan Undang-Undang Minyak dan Gas Bumi No. 22 Tahun 2001. Penerapan UU tersebut telah mengubah
status Pertamina dari Perusahaan Negara menjadi Badan Usaha Milik Negara, dengan nama, PT Pertamina
(Persero). Konsekuensi dari UU yang menghendaki pemisahan usaha hulu dengan usaha hilir migas tersebut, PT
Pertamina (Persero) wajib mendirikan anak perusahaan guna mengelola usaha eksplorasi, eksploitasi dan produksi
minyak dan gas.
Berdasarkan hasil Rapat Umum Pemegang Saham Luar Biasa (RUPSLB) PT Pertamina (Persero) dan surat
persetujuan Dewan Komisaris PT Pertamina (Persero) No. 75/K/DKPP/2001 tanggal 31 Agustus 2001, Direktorat
Hulu diminta untuk membentuk anak perusahaan untuk mengelola portofolio usaha sektor hulu minyak dan gas
bumi. PT Aroma Operation Service yang sudah berdiri sejak 1989 semula merupakan perusahaan jasa yang
mendukung operasi kilang petrokimia di Cilacap -- kemudian ditunjuk sebagai anak perusahaan PT Pertamina
(Persero), yang bergerak di bidang pengelolaan portofolio usaha sektor hulu minyak dan gas bumi serta energi
lainnya.
AOS kemudian berubah menjadi PT Pertahulu Energy berdasarkan Akta nomor 5 tanggal 5 Februari 2002 di Jakarta
dan disahkan oleh Menteri Hukum dan HAM nomor C- 04828.HT.01.04.2002 tanggal 22 Maret 2002. Berdasarkan
RUPS tanggal 29 Juni 2007, nama PT Pertahulu Energy berubah menjadi PT Pertamina Hulu Energi melalui
pengesahan Departemen Kehakiman dan HAM No. C-00839 HT.01.04-TH2007 tanggal 11 Oktober 2007.
Pada awalnya, perusahaan didirikan sebagai strategic operational armlenght PT Pertamina untuk mengelola
portofolio lahan kerja sama dengan pihak-pihak luar yang dulunya ditangani Direktorat Hulu PT Pertamina (Persero)
dalam skema JOB PSC, CBM PSC, IP/PPI dan BOB. Namun dalam perkembangannya, PHE juga berperan aktif
dalam mengelola portofolio bisnis Pertamina di luar negeri.
Hingga awal 2015 Pertamina Hulu Energi telah mendirikan 54 (lima puluh empat) anak perusahaan meliputi 9 JOBPSC (Joint Operating BodyProduction Sharing Contract), 29 PPI (PERTAMINA Participating Interest), 16 PSC-CBM
& Shale Gas (production sharing contrac Coal Bed Methane) dan satu anak perusahaan di Australia.