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First Indonesia Petroleum Bidding Round 2009

Indonesia’s Directorate General of Oil and Gas (MIGAS) launched the First Indonesia Petroleum Bidding Round of 2009 on 4 May 2009.  For this round, a total of 24 blocks are being offered with 17 blocks under Regular Tender and seven blocks under Direct Proposal Tender.

The blocks offered are as follows:-

First Indonesia Petroleum Bidding Round 2009

Block Name

Basin Name

Bidding Method

TOMINI BAY-I

GORONTALO

REGULAR TENDER

TOMINI BAY-II

GORONTALO

REGULAR TENDER

TOMINI BAY-III

GORONTALO

REGULAR TENDER

TOMINI BAY-IV

GORONTALO

REGULAR TENDER

TOMINI BAY-V

GORONTALO

REGULAR TENDER

GORONTALO TOMINI I

GORONTALO

REGULAR TENDER

GORONTALO TOMINI II

GORONTALO

REGULAR TENDER

BONE NORTH

SENGKANG BONE

REGULAR TENDER

KOLAKA LASUSUA

SENGKANG BONE

REGULAR TENDER

KABENA

SENGKANG BONE

REGULAR TENDER

JAMPEA

SENGKANG BONE

REGULAR TENDER

BUTON III

SENGKANG BONE

REGULAR TENDER

MENUI ASERA

SALABANGA MANUI

REGULAR TENDER

MOROWALI

TOMORI

REGULAR TENDER

SULA-I

BANGGAI SULA

REGULAR TENDER

SULA-II

BANGGAI SULA

REGULAR TENDER

BIRD'S HEAD

SALAWATI

REGULAR TENDER

KUBU

CENTRAL SUMATRA

DIRECT PROPOSAL TENDER

OGAN KOMERING NORTHEAST

SOUTH SUMATRA

DIRECT PROPOSAL TENDER

JAVA WEST OFFSHORE

NORTHWEST JAVA

DIRECT PROPOSAL TENDER

BLORA

JAVA SEA

DIRECT PROPOSAL TENDER

MAKASSAR STRAIT NORTH

KUTEI

DIRECT PROPOSAL TENDER

SIMENGGARIS EAST

TARAKAN

DIRECT PROPOSAL TENDER

DIGUL

IRIAN ARAFURA

DIRECT PROPOSAL TENDER

Bid documents have been available from 15 June 2009.  The bid deadline for direct proposal tenders is 30 July 2009 and for regular tenders is 13 October 2009.

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Map:  Blocks offered under the First Indonesia Petroleum Bidding Round 2009 (red shading for Direct Proposal and green shading for Regular Tender).   Source:  PetroView®

On 30 April 2009, MIGAS awarded oil and gas exploration rights on 12 blocks to several international and local companies as below:-

Indonesia Petroleum Round Awards 2008

Block

Operator

Partners

SOUTH BLOCK A

PT REALTO ENERGI NUSANTARA

PT PROSYS OIL & GAS INTERNATIONAL

EAST PAMAI

PT NORTHERN YAMANO TECH OIL RESOURCES

-

WEST BELIDA

ORCHARD ENERGY WEST BELIDA LTD

PT BAYU ENERGI LESTARI

TERUMBU

AWE TERUMBU NZ LTD

-

S. E. MADURA

PT BAMA BUMI SENTOSA

PT TOBA SEJAHTERA

PASIR

PT ARCHIPELAGO RESOURCES

-

SOUTH SESULU

HESS INDONESIA SOUTH SESULU

-

KOFIAU

NIKO RESOURCES OVERSEAS IX LTD

BLACK GOLD KOFIAU LLC

KUMAWA

MARATHON INDONESIA

BLACK GOLD KUMAWA LLC

CENDRAWASIH

ESSO EXPLORATION CENDRAWASIH LTD

BLACK GOLD CENDRAWASIH LLC

PAPUA NORTH

SARMI PAPUA ASIA OIL LTD

-

LAMPUNG III

PT HARPINDO MITRA KHARISMA

-

With the exception of the Lampung III block, all other blocks were from the Second Indonesia Petroleum Bidding Round 2008.Out of the 15 blocks offered under the second round in 2008, only 11 blocks attracted bids.The reported total exploration commitments (first three years) and signature bonuses are USD 195.68 million and USD 23.35 million respectively.

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