Friday, February 20, 2009

World Biggest Oil Reserves Found in Indonesia's right in Aceh


Agency Pengkajian and Implementation of Technology (BPPT), which do
survey, geology and marine geophysics to find oil and gas reserves are very large
the northeastern island of Simeulue, Aceh. Even the largest estimated
world, ie, 320.79 billion barrels.

Although the volume is, according to the Head of BPPT Said Jenie, present new
space in the rock (floatation tank) is not entirely filled by hydrocarbons,
but see the various indications associated with the presence of oil and gas, he
confess quite optimistic.

"While research still needs to be. But, if proven
correct, we can imagine the receipt of the state that is not measurable amount of
this discovery, "he said in Jakarta on Monday (11 / 2).

He explains, the findings found didaerah bow front cavity after
conduct seismic surveys in waters west of Aceh in the 500-800 meter
from the sea floor that has a 1100 meter, find the approximate volume
reserve between 17,1-10 billion cubic.

"When the 1 cubic meter reserves 6.29 barrel, the volume of total minimum
is 107.5 billion barrels and a maximum volume of 320.79 billion barrels, "he explained.

According to the Director of the Center for Technology Inventory BPPT Joseph Surahman, the findings
oil and gas reserves are found in the porositas 30%. Porositas is a potential
rock oil binding.

Usually, he said, of potential reserves, the oil contents only
15%. "Thus, the oil reserve is estimated to be 53 billion
barrel, "he said.

Said added, the findings are already reported to the President for
followed up. So far, he said, already have a quote to do
Further studies of PT Pertamina (persero).

"However, until this time there is no response from the Directorate General of Oil and Gas Ministry of affairs,"
Said said.

Exploration of oil industry observers Think Thank Indonesia torch Bachtiar
states, at least take three years to prove the reserves
this oil. "To me this seismic cost estimate can be U.S. $ 5 million-10 million,"
he said.

If, oil reserves in western Aceh are established, it can
said this is the largest reserve in the world. As a comparison, the number of
proven reserves of Saudi Arabia to 264.21 billion barrels and the number of
reserve for field Banyu Urip, Cepu is around 450 million barrels.

Oil and gas field can be categorized as a giant field when the volume
reserves reached the 500 million barrels

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