Reactivation Strategy of Old Oil Wells to Increase Production and Society Welfare

Effendi, Mohamad Irhas and Heru P., Sayoga and Sudarmoyo, Sudarmoyo (2018) Reactivation Strategy of Old Oil Wells to Increase Production and Society Welfare. In: SIBR-RDINRRU 2018 (Seoul) Conference on Interdisciplinary Business and Economics Research, 2018, Seoul Korea.

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Abstract

Indonesia has old oil wells that are still potential for reactivation. The efforts undertaken
so far are still not optimal, the production is still relatively low, the influence on the
environment, and not yet maximally able to provide benefits to the welfare of the
community. The obstacles faced are the absence of old wellbore maps that are still
potentially reacted, yet no suitable technology has been found for the conditions of old
wells that meet HSE standards, but are also relatively inexpensive.
This research is intended to involve old wells that are still potential to reactivate especially
in the field of Gabus, then evaluate people's perceptions and attitudes toward the
development of old well management, and develop technologies that can be used
effectively and efficiently..
The method of SWOT analysis to formulize grand strategy, inventory of potential uses of
geoelectric method, modification and development of RIG technology and pumps,
development of governance by building stakeholder cooperation, financial analysis by
investment feasibility analysis, economic and social studies supported by a public
perception and attitude questionnaire. The results focus on four old wells to reactivation,
the technology that can be used for exploitation is the mobile RIG ESP and ESP Pump.
Manage with the pattern of cooperation between technology provider, BUMD (regional
owned enterprise), and society. The results of the feasibility analysis of the business
resulted in a feasible conclusion both from the financial, economic and social aspects.
Keywords: Reactivation strategy, RIG ESP, ESP Pump, Old well management

Item Type: Conference or Workshop Item (Paper)
Uncontrolled Keywords: Reactivation strategy, RIG ESP, ESP Pump, Old well management
Subjek: H Social Sciences > HD Industries. Land use. Labor
H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
Divisions: x. Faculty of Law, Arts and Social Sciences > School of Social Sciences
Depositing User: Dr. M.Si. Mohamad Irhas Effendi
Date Deposited: 07 May 2021 13:49
Last Modified: 07 May 2021 13:57
URI: http://eprints.upnyk.ac.id/id/eprint/25388

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