Indonesia's Cepu Block gains additional 7,500 BPD oil following water shut-off programme

By Bernadette Christina

JAKARTA, March 4 (Reuters) - Indonesia's upstream oil and gas regulator SKK Migas said on Wednesday that well services activity in the ExxonMobil-operated Cepu block has boosted crude oil output by 7,500 barrels per day.

• A water shut-off programme at the Banyu Urip A07 well has increased the well's oil output to 12,300 BPD from previously 4,800 BPD, SKK Migas said.

• The programme is aimed at stopping unwanted water flow from the lower zone of the well and producing a higher proportion of oil, SKK Migas said.

• "The Banyu Urip field has long been known as the backbone of national oil production. Therefore, every additional barrel produced from this field has a strategic impact on maintaining supply stability and strengthening national energy security," SKK Migas said in a statement.

• Cepu block, one of the largest oil producing blocks in Indonesia, accounts for about a quarter of the country's oil production last year.

• Indonesia has set a target to increase 2026 oil lifting to 610,000 bpd from 605,000 bpd last year.