ExxonMobil has started the onshore central processing facility at the Banyu Urip field in Indonesia, helping increase production to more than 130,000 bbl/d. Production level will be progressively ramped up and once full field production is reached, Banyu Urip will represent approximately 20% of Indonesia’s 2016 oil production target.
The Banyu Urip field is expected to produce 450 mbl of oil over its lifetime. The project consists of 45 wells producing from three well pads, an onshore central processing facility, a 97-km onshore and offshore pipeline and a floating storage and offloading vessel and tanker loading facilities in the Java Sea. ExxonMobil, partnering with Pertamina EP 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.
ExxonMobil owns a 45% stake in Banyu Urip (operator), in partnership with Indonesia's national oil company Pertamina (45%) and four local government entities under the Cepu Block Cooperation Body owning the remaining 10%.