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26"

Barite
Bentonite
Caustic soda
KOH
Deflocculant (thinner)
Fluid Loss Control-R
Fluid Loss Control-SL
Viscosifier-Polymer
Biopolymer
Lime, Ca(OH)2
Sodium Bicarbonat
Soda Ash
Oxygen scavenger
Liquid defoamer
Shale stabilizer
Free Pipe Sticking Add.
Calcium Chloride

Diesel oil
Barite
Bentonite for OBM
Emulsifier 1st
Emulsifier 2nd
Fluid Loss Control
Fluid Loss Contr. for HT
Lime, Ca(OH)2
CaCl2
Thinner (Surfactant)
Oil Mud Conditioner
Zinc Oxide (H2S Scavenger)

656
10

10

Material Consumtion/package
17.5"
12.25"
8.5"
1550
1000
475
200
13
10
30
20
40
40

40
40
60
60

20
10

40
10

60

120

8000
250
100
60
400
200
1500
2000
40
80
80

5.875"

1500
200
80
50
300
150
800
700
10
40
60

Drilling Time Singa-3

Day
0Drive 30"10
at 120 ft 20

30

40

50

60

70

80

26" Hole

2000
Set 20" csg @ 2500 ft

4000
17-1/2" Hole

Depth (ft)

6000

8000

Run Logs, Set 13-3/8" csg @ 8500 ft

12-1/4" Hole

10000
Run 1st VSP

Run Logs, Set 9-7/8" csg @ 11300 ft


8 -1/2" Hole

12000

Run Logs, TD 12,500 ft, Run completion

90

Drilling Time
Singa 3 vs Singa 2 vs Singa 1

Day
0
0

20

Drive 30" at 120 ft

40

60

80

100

26" Hole

2000
Set 20" csg @ 2500 ft

4000
17-1/2" Hole

Depth (ft)

6000

8000
Run Logs, Set 13-3/8" csg @ 8500 ft

10000

12-1/4" Hole
Run 1st VSP
Run Logs, Set 9-5/8" csg @ 11300 ft

12000

8 -1/2" Hole

Run Logs, TD 12,500 ft, Run completion

120

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52

DEPTH FOOTAGE ROP


FPH
SPUD IN
0
0
DRIL L - HOL E 26 "
2500
2500
30
CIRC. - TRIP OUT 26 " BIT
2500
0
CASING 20 " CSG + RUN INNER STRING
2500
0
CBU, CEMENTING 20 "
2500
0
W OC, N/U W H & BOP STACK, TEST
2500
0
TRIP IN 17-1/2", DISPLAC TO OBM, DOC & LOT
2500
0
DRIL L - HOL E 17-1/2"
4500
2000
30
CBU, TRIP OUT 17-1/2" BIT
4500
0
TRIP IN, CBU
4500
0
DRIL L - HOL E 17-1/2"
6000
1500
20
CBU, TRIP OUT 17-1/2" BIT
6000
0
TRIP IN, CBU
6000
0
DRIL L - HOL E 17-1/2"
7400
1400
20
CBU, TRIP OUT 17-1/2" BIT
7400
0
TRIP IN, CBU
7400
0
DRIL L - HOL E 17-1/2"
8500
1100
15
CBU, W IPER TRIP & TRIP OUT 17-1/2" BIT
8500
0
RUN VSP
8500
0
RUN ELECTRIC LOGGING
8500
0
TRIP IN 17" RB
8500
0
CBU, TRIP OUT
8500
0
CASING 13-3/8", CHANGE + TEST RAM
8500
0
CBU, CEMENTING
8500
0
W OC,Run CBL, N/D BOP, N/U B SECT., N/U BOP & TEST 8500
0
TRIP IN 12-1/4", DOC & LOT
8500
0
DRIL L - HOL E 12-1/4"
9800
1300
20
CBU, TRIP OUT TO CHANGE BIT
9800
0
TRIP IN 12-1/4"
9800
0
DRIL L - HOL E 12-1/4"
10700
900
15
CBU, TRIP OUT TO RUN VSP
10700
0
RUN VSP & INTERMEDIATE LOGGING
10700
0
TRIP IN 12-1/4"
10700
0
DRIL L - HOL E 12-1/4"
11300
600
10
CBU, W IPER TRIP & TRIP OUT 17-1/2" BIT
11300
0
RUN VSP
11300
0
RUN ELECTRIC LOGGING
11300
0
CASING 9-7/8" , CHANGE + TEST RAMS
11300
0
CBU, CEMENTING
11300
0
W OC,Run CBL, N/D BOP, N/U B SECT., N/U BOP & TEST
11300
0
TRIP IN 8-1/2", DOC & LOT
11300
0
DRIL L - I HOL E 8-1/2" >>>
11800
500
8
CBU, TRIP OUT TO CHANGE BIT
11800
0
TRIP IN 8-1/2"
11800
0
DRIL L - II HOL E 8-1/2" >>>
12150
350
6
CBU, TRIP OUT TO CHANGE BIT
12150
0
TRIP IN 8-1/2"
12150
0
DRIL L - III HOL E 8-1/2" >>>
12500
350
4
CBU, W IPER TRIP & TRIP OUT 8-1/2" BIT
12500
0
RUN VSP
12500
0
RUN LOGGING
12500
0
TRIP IN 8" RB
12500
0
CB U, TRIP OUT & Ru n Strin g to P & A
12500
0

HOUR
0
83.3
6.0
24.0
8.0
48.0
14.0
66.7
7.6
6.6
75.0
9.5
8.5
70.0
11.3
10.3
73.3
20.1
24.0
24.0
10.6
12.6
40.0
10.0
30.0
18.0
65.0
15.9
12.3
60.0
18.1
13.4
60.0
19.6
24.0
32.0
10.0
40.0
18.1
62.5
18.3
14.8
58.3
20.2
15.2
87.5
20.6
36.0
15.6
71.3

HOUR +
0.12
0
93.3
6.7
26.9
9.0
53.8
15.7
74.7
8.5
7.4
84.0
10.6
9.5
78.4
12.6
11.5
82.1
22.5
26.9
26.9
11.9
14.1
44.7
11.2
33.6
20.2
72.8
17.8
13.7
67.2
20.3
15.0
67.2
22.0
26.9
35.8
11.2
44.8
20.3
70.0
20.4
16.5
65.3
22.6
17.0
98.0
23.1
40.3
17.5
79.8

TOTAL
HOUR
0
93.3
100.1
127.0
136.0
189.7
205.4
280.1
288.6
296.1
380.1
390.7
400.2
478.6
491.2
502.7
584.8
607.4
634.2
661.1
673.0
687.2
731.9
743.1
776.7
796.9
869.7
887.5
901.2
968.4
988.7
988.7
1,003.7
1,070.9
1,092.9
1,092.9
1,119.7
1,155.5
1,166.7
1,211.5
1,231.8
1,301.8
1,322.3
1,338.8
1,404.1
1,426.7
1,443.7
1,541.7
1,564.8
1,564.8
1,605.2
1,622.7
1,702.5

TOTAL
DAYS
0
3.89
4.17
5.29
5.66
7.90
8.56
11.67
12.03
12.34
15.84
16.28
16.68
19.94
20.47
20.95
24.37
25.31
26.43
27.55
28.04
28.63
30.50
30.96
32.36
33.20
36.24
36.98
37.55
40.35
41.20
41.20
41.82
44.62
45.54
45.54
46.66
48.15
48.61
50.48
51.33
54.24
55.09
55.78
58.50
59.45
60.16
64.24
65.20
65.20
66.88
67.61
70.94

CALCULATION SHEET FORM BPMIGAS- SCHEDULE-19

21-Sep-13

DRILLING COST ESTIMATE ( PRODUCTION BASIS )


WELL

Singa-3

EST. TD

12500

Est. RIG DAYS :

SPUD IN

Q-4, 2005

FT

TOTAL COST:

NO

DRILLING :
$11,492,155

Calc. based on $1 = Rp

85

MOVING :

10500

70

CASING

15

days

MOVING :

days

days

TOT. COMPL. :

15

days

Tangible :

$3,535,866

R/L

$229,167

$7,328,926

COMPL.

$398,196

SUBTOT

QTY

WORK PROGRAM & BUDGET


UNIT

TANGIBLE COST

COMPL. :

days

Intangible:

DESCRIPTION

days

QTY

U/PRICE

TOTAL

ACT. EXP.
U/P

TOT.

CC

CASING 30", ABB Vetco, 1" thick

123

ft

120

156.20

18,744

CASING 20", K-55, Big Omega, 133 #/ft

123

ft

3500

86.52

302,803

CASING 13-3/8", P-110 , New Vam, 72 #/ft

123

ft

9000

49.85

448,668

CASING 13-3/8", P-110 , New Vam, 72 #/ft

123

ft

46.56

CASING 9-5/8", SMC-110, Vam, 53.5 #/ft

123

ft

12000

67.76

813,120

CASING 7", P-110, Prem. Conn., 38 #/ft

123

ft

3500

36.7

128,575

PUP JOIN CASING 7

123

EA

1,500.0

4,500

PUP JOIN CASING 13-3/8

123

EA

1,500.0

4,500

PUP JOIN CASING 9-7/8

123

EA

1,500.0

4,500
1,725,409

CASING ACCESSORIES

CC

FLOAT SHOE 20", K-55, Big Omega

121

EA

4,320.0

4,320

FLOAT COLLAR 20", K-55, Big Omega

121

EA

5,040.0

5,040

FLOAT SHOE 13-3/8", P-110, New Vam

121

EA

5,400.0

5,400

FLOAT COLLAR 13-3/8", P-110, New Vam

121

EA

13,200.0

13,200

FLOAT SHOE 9-7/8", SMC-110, Vam Top

121

EA

4,932.0

4,932

FLOAT COLLAR 9-7/8", SMC-110, Vam Top

121

EA

11,794.8

11,795

Water Bushing 9-7/8"

121

EA

14,070.0

14,070

FLOAT SHOE 7"


LINER HANGER 7" C/W FLOATING EQP.

121

EA

121

SET

276.9

75,000.0

75,000
133,757

TUBING
TUBING 5" 13% Cr, 18.0 ppf ????

WELL EQUIPMENT SURFACE

122

jt

12500

51.6

645,000.0

645,000.0

CC

CASING HEAD A-SECTION 20-3/4 - 3K

167

SET

18,000.0

18,000.0

CSG HEAD B-SECTION 20-3/4 - 3 K x 13-5/8"-5K

167

SET

22,500.0

22,500.0

CSG HEAD C-SECTION 13-5/8"-5 K x 11" - 10K

167

SET

35,000.0

35,000.0

11", 10M Tubing Hanger

167

SET

30,000.0

30,000.0

11", 10M x 4-1/16" 10M Tubing Bonnet/Cap Assy.

167

SET

30,000.0

30,000.0

4-1/16", 10m, Xmas Tree

167

SET

180,000.0

180,000.0

Hydraulic Actuator for Upper Master Valve

167

SET

25,000.0

25,000.0

Hydraulic Actuator for Wing Valve

167

SET

25,000.0

25,000.0

Lubricator, BPV, Wear Bushing, Running Tools

167

SET

45,000.0

45,000.0
410,500.0

WELL EQUIPMENT SUBSURFACE

CC

Size3 inOD 0.049in wall seamless conl line,Incoloy 825, 400' 167

EA

6,000.0

Size 5 in control line clamp,metal type,no elastomers,c/w pins167

EA

26

200.0

5,200.0

167

EA

15,000.0

30,000.0

42 inch Tbg Retriev Surf Controlled Subsurface SafetyValve 167

EA

120,000.0

120,000.0

Top No-Go non-ported seating

167

EA

9,000.0

9,000.0

Locator Seal Assy. W/ 4 seal units and 4 debris barriers

167

EA

70,000.0

70,000.0

High Pressure Retainer Productiion Packer

167

EA

30,000.0

30,000.0

Seal Bore Extensiion

167

EA

140,000.0

140,000.0

Casing Sub - 52" x 32"

167

EA

7,000.0

7,000.0

Spacer Tube - 10 feet long

167

EA

10,000.0

20,000.0

Top No-Go non-ported seating

167

EA

9,000.0

9,000.0

Perforated Spacer Tube - 10 feet

167

EA

10,000.0

10,000.0

Bottom No-Go non-ported seating

167

EA

9,000.0

9,000.0

4,000.0

4,000.0

80,000.0

80,000.0

Flow Coupling

Wireline Re-entry Guide


167
EA
Wireline Retrievable Self Closed Sub-surface Safety Valve w/Self
167 Equalizing
EA Flapper

6,000.0

Page 5 of 22

CALCULATION SHEET FORM BPMIGAS- SCHEDULE-19

21-Sep-13

DRILLING COST ESTIMATE ( PRODUCTION BASIS )


WELL

Singa-3

EST. TD

12500

Est. RIG DAYS :

SPUD IN

Q-4, 2005

FT

TOTAL COST:

NO

DRILLING :
$11,492,155

Calc. based on $1 = Rp

85

MOVING :

10500

70

days

COMPL. :

15

days

days

MOVING :

days

days

TOT. COMPL. :

15

days

Tangible :

$3,535,866

R/L

$229,167

Intangible:

$7,328,926

COMPL.

$398,196

SUBTOT

QTY

DESCRIPTION

WORK PROGRAM & BUDGET


UNIT

QTY

U/PRICE
20,000.0

TOTAL

Flapper Lock Open Tool

167

EA

Puncture Communication Tool

167

EA

9,000.0

9,000.0

By-Pass blanking plug w/removable mandrel

167

EA

24,000.0

24,000.0

Instrument Hanger

167

EA

10,000.0

10,000.0

Export Boxing & Freight Cost - incl in Other Frt line 62

167

EA

0.0

0.0

7" Cement retainers with Plugs

167

EA

3,000.0

9,000.0

ACT. EXP.
U/P

TOT.

20,000.0

621,200.0
7

OTHER TANGIBLE (FROM NO. 2 - 6)

TOTAL TANGIBLE COST

10

INTANGIBLE COST

11

PREPARATION & TERMINATION

12

SURVEYS

0.0

0.0

0.0
3,535,866.20

CC

Surveyor crew ( Including 1 unit car)

212

LS

7,500.0

7,500.0

Survey to pick antenna locations

212

LS

2,500.0

0.0

Survey for land acquisition and location preparation

212

LS

5,000.0

0.0

Final Position Survey

212

LS

7,500.0

0.0

Evacuation and medical survey

212

LS

5,000.0

0.0
7,500.0

14

WELL SITE & ACCESS ROAD PREP.

CC

Maint. access road during drilling ops.

LS

10,000.0

10,000.0

Maintaining location during drilling ops.

LS

10,000.0

10,000.0

Clean up Loc, back filling pit, and waste treatment

211

LS

5,000.0

5,000.0

Replantation forest

211

LS

5,000.0

5,000.0

Mat. Suppl. (culvert,gravel,fencing,plastic)

212

LS

5,000.0

5,000.0

Contract man power. Incl. mandah

212

LS

5,000.0

5,000.0

Building location & access road

212

LS

100,000.0

100,000.0

CASING 13-3/8", K-55 , BTC (flare line)

123

ft

210

22.8

4,788.0

CASING 9-5/8", K-55 , BTC (flare line)

123

ft

210

15.9

3,339.0

Equipment Rental:
- Dozer-D7

unit

251

DAY

45

275.0

24,750.0

- M. Grader

unit

251

DAY

45

160.0

14,400.0

- Excavator

unit

251

DAY

45

180.0

16,200.0

- Compactor

unit

251

DAY

45

135.0

12,150.0

- Dozer-D6

unit

251

DAY

20

200.0

0.0

- Wheel Loader

unit

251

DAY

20

96.0

3,840.0

- Light Vehicle for Supervisor 1

unit

251

MTH

1,100.0

2,200.0

251

LS

7,500.0

7,500.0

- Mob / Demob for Unit Rental (to Loc. )

229,167.0
15

16

SERVICE LINES & COMMUNICATION

CC

Communication & electrical line

252

MTH

4,900.0

13,883.0

Labor cost for installation

212

MAN

150.0

300.0

10,000.0

10,000.0

3000

6.4

19,200.0

85.7

0.0

WATER SYSTEM

14,183.0

CC

Installation Water System

212

LS

Line pipe 6", SCH-40 (water cooling)

123

ft

Labour & eqp. charges installation, 4 man

212

MAN

Water suppl. for rig

212

DAY

14.3

0.0

Support material (connection,tee etc.)

212

EA

50.0

0.0

29,200.0
Page 6 of 22

CALCULATION SHEET FORM BPMIGAS- SCHEDULE-19

21-Sep-13

DRILLING COST ESTIMATE ( PRODUCTION BASIS )


WELL

Singa-3

EST. TD

12500

Est. RIG DAYS :

SPUD IN

Q-4, 2005

FT

TOTAL COST:

NO

DRILLING :
$11,492,155

Calc. based on $1 = Rp

10500

19

70

days

COMPL. :

15

days

days

MOVING :

days

days

TOT. COMPL. :

15

days

Tangible :

$3,535,866

R/L

$229,167

Intangible:

$7,328,926

COMPL.

$398,196

SUBTOT

QTY

DESCRIPTION

WORK PROGRAM & BUDGET


UNIT

17

85

MOVING :

RIGGING UP/ RIGGING DOWN

QTY

U/PRICE

TOTAL

160

LS

0.0

0.0

Other Mat & Supply

169

LS

10,000.0

0.0

labor cost done by other drilling crew, 6 man


Mobilization/Demobilization

212
224

MAN
LS

85.7

0.0
0.0

Contract for safety sign, perimeter, etc

212

LS

10,000.0

0.0

SUB TOTAL
DRILLING / W.O OPERATIONS

21

CONTRACT RIG: 300001160

ACT. EXP.
U/P

TOT.

CC

Mat & supply / Repair.

20

0.0
280,050.00

Rental Operating Rig rate

224

DAY

85

25,350.0

2,154,750.0

Mob/Demob Rig

224

LS

350,000.0

350,000.0

Rig Inspection by Moduspec

212

LS

75,000.0

75,000.0

Standby with full crews

224

LS

20,000.0

0.0

Extended standby

224

LS

10,000.0

0.0

Repair

224

LS

7,500.0

0.0

Moving

224

LS

13,500.0

0.0

Additional Catering

224

LS

100,000.0

100,000.0

Reimbursables

224

LS

150,000.0

150,000.0
2,829,750.0

22

DRILLING CREW/CONT. RIG CREW


HAS INCLUDED IN RIG RATE

23

915

MUD CHEMICALS & ENGINEERING SERV.

DAY

4,694.0

0.0

0.0

CC

WATER BASED MUD SYSTEM


Barite

116

SACK

2000

8.42

16,837.0

Bentonite

116

SACK

1000

16.95

16,950.0

Caustic soda

116

SACK

60

10.44

626.0

Deflocculant (thinner)

116

CAN

97.80

0.0

Fluid Loss Control-R

116

SACK

96.05

0.0

Fluid Loss Control-SL

116

SACK

212.87

0.0

Viscosifier-Polymer

116

CAN

160

102.17

16,348.0

Sodium Bicarbonat

116

SACK

60

6.31

378.0

Soda Ash

116

SACK

20

22.31

446.0

Oxygen scavenger

116

CAN

100.80

0.0

Liquid defoamer

116

CAN

35.74

0.0

KCL

116

SACK

300

20.00

6,000.0

DD Compund

116

DRUM

650.00

2,600.0

Shale stabilizer

116

SACK

200

67.80

13,560.0

Free Pipe Sticking Add.

116

DRUM

640.56

3,203.0
76,948.0

OIL BASED MUD SYSTEM


OBM from Banteng-1

116

BBL

3000

90.0

270,000.0

Additional OBM

116

BBL

2500

90.0

225,000.0

Diesel oil

116

BBL

2500

47.70

0.0

Barite

116

SACK

15000

8.42

0.0

Bentonite for OBM

116

SACK

500

144.64

0.0

Emulsifier 1st

116

DRUM

100

444.04

0.0

Emulsifier 2nd

116

DRUM

100

361.52

0.0

Fluid Loss Control for HT

116

SACK

1000

40.60

0.0

Fluid Loss Contr. for HT

116

SACK

244.37

0.0
Page 7 of 22

CALCULATION SHEET FORM BPMIGAS- SCHEDULE-19

21-Sep-13

DRILLING COST ESTIMATE ( PRODUCTION BASIS )


WELL

Singa-3

EST. TD

12500

Est. RIG DAYS :

SPUD IN

Q-4, 2005

FT

TOTAL COST:

NO

DRILLING :
$11,492,155

Calc. based on $1 = Rp

85

MOVING :

10500

70

days

COMPL. :

15

days

days

MOVING :

days

days

TOT. COMPL. :

15

days

Tangible :

$3,535,866

R/L

$229,167

Intangible:

$7,328,926

COMPL.

$398,196

SUBTOT

QTY

DESCRIPTION

WORK PROGRAM & BUDGET


UNIT

Lime, Ca(OH)2

116

CaCl2

Thinner (Surfactant)

Oil Mud Conditioner


Zinc Oxide (H2S Scav.)

QTY

U/PRICE

SACK

1500

116

SACK

116

DRUM

116

116

TOTAL

5.25

0.0

2500

16.15

0.0

75

917.02

0.0

DRUM

100

394.75

0.0

SACK

200

68.59

ACT. EXP.
U/P

TOT.

0.0
495,000.0

LOSS CIRCULATION MATERIAL


Kwik Seal

27.5

lb/sx

116

SACK

720

37.33

Wallnut Shell

28.5

lb/sx

116

SACK

720

4.39

26,877.6
3,160.8

Dialatant Pill

25

lb/sx

116

SACK

720

70.00

50,400.0

Mica

30.5

lb/sx

116

SACK

720

12.56

9,043.2

Fiber based LCM

31.5

lb/sx

116

SACK

720

16.77

12,074.4

Calcium Carbonat

32.5

lb/sx

116

SACK

720

4.05

2,916.0
104,472.0

COMPLETION FLUID
BRINE

SACK

13.0

BARAKLEAN

DRUM

632.1

0.0

35,000.0

35,000.0

BRINE

10 ppg

LS

0.0

35,000.0
MUD ENG. CHG.

person

241

DAY

85

400.0

68,000.0

241

LS

15,000.0

15,000.0

Drinking water supply for Camp & Rig

169

DAY

40.0

0.0

Fresh water suppl. for rig

212

DAY

315.0

0.0

MUD ANALYSIS ENG. SERV.


24

25

WATER

BITS, REAMERS & CORE HEAD


26"

26

0.0

CC
117

EA

20,340.0

40,680.0

17 1/2" , IADC 115 M

OSC-3AJ - IADC 111

117

EA

13,221.0

13,221.0

17 1/2" , IADC 415

117

EA

15,086.0

30,172.0

17 1/2" , PDC - DS68

117

EA

35,400.0

35,400.0

12 1/4" , IADC 437 M

117

EA

9,040.0

27,120.0

12 1/4" , IADC 117 M

117

EA

9,040.0

0.0

12 1/4" , PDC - DS68

117

EA

26,700.0

26,700.0

7 7/8" , IADC - 117M Pilot Hole

117

EA

3,000.0

0.0

8 1/2" , IADC - 517M

117

EA

5,989.0

17,967.0

8 1/2" , IADC - 537M

117

EA

6,554.0

19,662.0

8 1/2" , PDC - DS68

117

EA

14,750.0

14,750.0

5-7/8" IADC - 517 M

117

EA

4,091.0

0.0

5-7/8" IADC - 537 M

117

EA

4,091.0

0.0

5-7/8" PDC, IADC-M223

117

EA

6,900.0

0.0

5-7/8" PDC, IADC-M223 (9 Blade)

117

EA

14,000.0

0.0

3-1/2" RB

117

EA

3,390.0

0.0

Nozzle bit for all

117

SET

320.7

0.0

8-15/32" CORE HEAD

117

EA

13,560.0

0.0

66,500.0

EQUIPMENT RENTAL

225,672.0

CC

FISHING TOOL RENTAL

251

DAY

70

950.0

EMERGENCY LIGHT EVACUATION

212

DAY

60.0

DAY

75

LS

LS

15,000.0

15,000.0

Lighting Equipment

794,420.0

ea

Mob/demob
Mud Plant for OBM

212

60
600

0.0
4,500.0
600.0

CIRCULATING SUB
8 inch ( lumpsum = 21 day)

ea

LS

6,435.0

6,435.0

8 inch daily rate

ea

DAY

10

310.0

3,100.0

6 1/2 inch ( lumpsum = 21 day)

ea

LS

5,890.0

5,890.0
Page 8 of 22

CALCULATION SHEET FORM BPMIGAS- SCHEDULE-19

21-Sep-13

DRILLING COST ESTIMATE ( PRODUCTION BASIS )


WELL

Singa-3

EST. TD

12500

Est. RIG DAYS :

SPUD IN

Q-4, 2005

FT

TOTAL COST:

NO

DRILLING :
$11,492,155

Calc. based on $1 = Rp

85

MOVING :

10500

70

days

COMPL. :

15

days

days

MOVING :

days

days

TOT. COMPL. :

15

days

Tangible :

$3,535,866

R/L

$229,167

Intangible:

$7,328,926

COMPL.

$398,196

SUBTOT

QTY

DESCRIPTION

WORK PROGRAM & BUDGET


UNIT

6 1/2 inch daily rate

ea

4 3/4 inch ( lumpsum = 21 day)

ea

4 3/4 inch daily rate

ea

DAY

Engineeer

QTY

U/PRICE

TOTAL

10

290.0

2,900.0

LS

5,615.0

5,615.0

DAY

10

260.0

2,600.0

DAY

350.0

0.0

ACT. EXP.
U/P

TOT.

BULK BARITE HANDLING EQUIPMENT


Rental Rate
1000 CF P-tank

ea

DAY

70

129.03

9,032.1

300 SCF / min compress

ea

DAY

70

87.98

6,158.6

Cutting tank and hopper

ea

DAY

70

46.92

3,284.4

3"-20 ft Air Hose

ea

DAY

70

21.59

1,511.3

40 ft bulk house

ea

DAY

70

64.6

4,522.0

1000 CF P-tank

ea

DAY

10

132.83

2,656.6

300 SCF / min compress

ea

DAY

10

201.25

2,012.5

Pneumatic handling

740 CF

DAY

10

1.29

9,546.0

3"-20 ft Air Hose

40

ft

DAY

10

1.59

636.0

40 ft bulk house

20

ft

DAY

10

1.13

226.0

Mob/Demob

ls

LS

11,600

11,600.0

212

DAY

3,000

0.0

9-5/8" RTTS daily rental

DAY

30

150

0.0

9-5/8" RTTS daily rental, first 24 hrs

JOB

1,300

0.0

9-5/8" RTTS daily rental, additional hrs

hrs

48

50

0.0

13-3/8" RTTS daily rental

DAY

30

150

0.0

13-3/8" RTTS daily rental, first 24 hrs

JOB

1,300

0.0

13-3/8" RTTS daily rental, additional hrs

hrs

48

50

0.0

7" EZSV mechanical setting daily rental

DAY

30

50

0.0

7" EZSV mechanical setting in use

JOB

1,000

0.0

9-5/8 - 13-3/8" EZSV mechanical setting daily rental 0

DAY

30

50

0.0

9-5/8" - 13-3/8" EZSV mechanical setting in use

JOB

1,000

0.0

Tool operator

JOB

600

0.0

Accomodation

Trip

12

75

0.0

Reimbursable item

LS

25,729

0.0

Burner system + Ignition

Day

40

315

12,600.0

Compressor 175 scfm

Day

40

100

4,000.0

Diesel pump and diesel tank

Day

40

45

1,800.0

Operator

Day

40

350

14,000.0

Mob/demob

LS

2,850

2,850.0
52,250.0

Service Charge

Rotating Head BOP


RTTS c/w circulating valves

Burner Flare System

H2S DETECTOR

251

DAY

95

550.0

MOB/DEMOB H2S UNIT

251

LS

5,000.0

5,000.0

H2S Engineering Service

212

DAY

95

300.0

28,500.0

- Crane

212

MTH

2.83

3,600.0

10,200.0

- Dozer

212

DAY

100

275.0

27,500.0

- Excavator

212

DAY

100

180.0

18,000.0

- Forklift

212

DAY

100

100.0

10,000.0
63,000.0

Lifting Equip. Rental :

Mud Coolers

212

DAY

70

450

Mob/Demob

unit

212

LS

3,450

3,450.0

Service Engineer

212

DAY

70

750

52,500.0

Improper flushed out

212

LS

3,450

3,450.0
Page 9 of 22

CALCULATION SHEET FORM BPMIGAS- SCHEDULE-19

21-Sep-13

DRILLING COST ESTIMATE ( PRODUCTION BASIS )


WELL

Singa-3

EST. TD

12500

Est. RIG DAYS :

SPUD IN

Q-4, 2005

FT

TOTAL COST:

NO

DRILLING :
$11,492,155

Calc. based on $1 = Rp

85

MOVING :

10500

70

15

days

MOVING :

days

days

TOT. COMPL. :

15

days

Tangible :

$3,535,866

R/L

$229,167

$7,328,926

COMPL.

$398,196

SUBTOT

QTY

WORK PROGRAM & BUDGET


UNIT

QTY

U/PRICE

unit

212

DAY

70

ea

212

DAY

70

Installation & Mob

212

DAY

Shale Shaker Screen

212

EA

Service Engineer

COMPL. :

days

Intangible:

DESCRIPTION

Cutting Dryer

days

690
250
6,900
600

TOTAL

ACT. EXP.
U/P

TOT.

48,300.0
17,500.0
6,900.0
0.0
546,125.5

27

DIRECTIONAL DRILLING & SURVEY CONTRACT/WELL CC


Multi Shot Equipment

29

224

Stand by

DAY

70

Running

FT

12500

400.0

28,000.0

2.0

25,000.0

Multi Shot Engineer

224

DAY

35

475.0

16,625.0

Transportation for engineer

224

TRIP

20

225.0

4,500.0

CASING INSTALLATION

74,125.0

CC

Certified welders for install of csg head & assoc equipment


241

LS

7,500.0

0.0

Hot-Hed for 30" conductor and Install 30" Diverter Flange


241

LS

25,000.0

25,000.0

Hot-Hed for 20" casing head

241

LS

20,000.0

20,000.0

Wellhead installation technician

241

LS

15,000.0

15,000.0

Cold casing cutting machine

241

LS

8,500.0

8,500.0

Nitrogen testing of 10,000 psi WP wellhead sections 241

LS

10,000.0

10,000.0

TUBULAR INSPECTION

241

LS

5,000.0

5,000.0

BAKER LOCK

160

CAN

50.0

300.0

J.A.M. System c/w back up

212

DAY

30

1,600.0

48,000.0

Fill Up tool 13-3/8", 9-7/8" and 7"

212

DAY

30

1,590.0

47,700.0

20K Power Tong c/w Jaws for 20" csg

212

DAY

350.0

0.0

14.50 high torque Power Tong c/w jaws

212

DAY

30

825.0

24,750.0

13-3/8" Stabbing Guide for New Vam

212

DAY

158.0

0.0

9-7/8" Stabbing Guide for Vam Top

212

DAY

158.0

0.0

7" Stabbing Guide for Vam Ace

212

DAY

158.0

0.0

Jam Technician

212

DAY

30

375.0

11,250.0

Tong Operator

212

DAY

30

325.0

9,750.0

Stabber

212

DAY

30

325.0

9,750.0

Mob/Demob unit

212

LS

20,000.0

20,000.0

160

CAN

10

102.3

1,023.0

62,388.2

CASING CREW

BESTOLIFE
30

CEMENT CEMENTING & PUMP FEES .

CC

Class G cement, oil well

119

SACK

6620

9.4

Silica Flour

119

LBS

1900

0.1

279.1

Weighting mt'l MICROMAX

119

LBS

30000

2.0

59,325.0

Accelerator

119

LBS

11.8

0.0

119

LBS

200

17.0

3,390.0

SSA
CACL2

Bentonite

256,023.0

Retarder

HR25

119

LBS

29.0

144.9

Retarder

SCR -100L

119

GAL

600

151.4

90,852.0

Retarder

HR-6L

119

GAL

500

36.5

18,243.9

Fluid Loss

H413-L

119

GAL

15

99.8

1,497.4

Fluid Loss

H-344L

119

GAL

60

93.0

5,577.9

Fluid Loss

H-22L

119

GAL

120

69.4

8,325.8

Gas Block

Microblock

119

GAL

500

27.3

13,644.8

Dispersant

CFR-3L

119

GAL

101

40.7

4,108.7

Defoarmer

D-air2

119

GAL

56

49.8

2,788.1

Prevent Settling

119

GAL

0.0

0.0

Dispersant

119

GAL

0.0

0.0

Barite

116

SACK

8.4

841.9

100.0

Page 10 of 22

CALCULATION SHEET FORM BPMIGAS- SCHEDULE-19

21-Sep-13

DRILLING COST ESTIMATE ( PRODUCTION BASIS )


WELL

Singa-3

EST. TD

12500

Est. RIG DAYS :

SPUD IN

Q-4, 2005

FT

TOTAL COST:

NO

DRILLING :
$11,492,155

Calc. based on $1 = Rp

85

MOVING :

10500

70

days

COMPL. :

15

days

days

MOVING :

days

days

TOT. COMPL. :

15

days

Tangible :

$3,535,866

R/L

$229,167

Intangible:

$7,328,926

COMPL.

$398,196

SUBTOT

QTY

DESCRIPTION

WORK PROGRAM & BUDGET


UNIT

QTY

U/PRICE

TOTAL

9000.0

3.7

32,950.8

Dual Spacer Blend

119

LBS

DSMA

119

GAL

60.0

138.6

8,316.3

LOSURF-259

119

GAL

150.0

46.1

6,908.8

PEN V

119

CAN

0.0

45.2

0.0

MUSOL E

119

GAL

300.0

36.0

10,790.4

CONDUCTOR 20"

230

JOB

2,896.3

2,896.3

SURFACE CASING 13 3/8"

230

JOB

3,015.5

3,015.5

INTERMEDIATE CASING 9 7/8"

230

JOB

7,403.8

7,403.8

LINER 7"

230

JOB

6,336.4

0.0

CEMENT PLUG

230

JOB

4,186.3

12,558.9

BOP Testing

230

JOB

1,004.7

4,018.8

Casing Testing

230

JOB

678.0

678.0

PIT

230

JOB

714.0

2,856.0

Additional Service Charge

230

LS

MONTHLY RENTAL HOWCO (PRORATA)

230

MTH

CENTRALIZER, 20"

121

CENTRALIZER, 13-3/8"

121

TOP PLUG 13-3/8"

100,000.0

100,000.0

2.83

15,000.0

42,500.0

EA

30

160.5

4,815.0

EA

30

101.7

3,051.0

121

EA

1,907.5

1,907.5

BOTTOM PLUG 13-3/8"

121

EA

2,725.6

2,725.6

CENTRALIZER 9-7/8"

121

EA

20

80.2

1,604.0

SCRATCHER 9-7/8"

121

EA

20

29.6

592.0

SSR PLUG 9-7/8"

121

EA

5,485.0

5,485.0

EZSV 7 inch

121

EA

2,900

8,700.0

EZSV 9-5/8 inch

121

EA

3,200

6,400.0

EZSV 13-3/8 inch

121

EA

5,200

5,200.0

ACT. EXP.
U/P

TOT.

546,781.4
32

SUBTOTAL

33

FORMATION EVALUATION

34

CORING

5,272,896.85

CC

Coring engineer

241

DAY

750.0

0.0

CORE ASSY CHG.

169

SET

24,000.0

0.0
0

35

MUD LOGGING SERVICES

CC

MUD LOGGING SYSTEM (INCL. W/ CREW)

251

DAY

80

1,000.0

MOB/DEMOBILIZATION MUD LOG UNIT

251

LS

4,000.0

4,000.0

ALS-K Operation

251

DAY

80

250.0

20,000.0

Coriolis Sensor (OBM)

251

DAY

80

500.0

40,000.0

ALS-K Mob and Installation

251

LS

17,500.0

17,500.0

Induction-Res-LDL-CNL-GR

LS

60,000.0

60,000.0

Six arm caliper

LS

20,122.0

20,122.0

CBL-VDL-GR-CCL

LS

33,658.0

33,658.0

LS

245,000

0.0

LS

269,000.0

269,000.0

36

DRILL STEM TEST

CC

37

OPEN HOLE ELECTRIC LOGGING

CC

RUN-I :

RUN-II :

80,000.0

161,500

Log at 8500 ft

TD @ 10000, log 1500 ft


Xtreme tool (Ind-Son-GR-LDL-CNL)
TD @ 11300, log 1300 ft
Xtreme tool (Ind-Son-GR-LDL-CNL)

Page 11 of 22

CALCULATION SHEET FORM BPMIGAS- SCHEDULE-19

21-Sep-13

DRILLING COST ESTIMATE ( PRODUCTION BASIS )


WELL

Singa-3

EST. TD

12500

Est. RIG DAYS :

SPUD IN

Q-4, 2005

FT

TOTAL COST:

NO

DRILLING :
$11,492,155

Calc. based on $1 = Rp

85

MOVING :

10500

70

COMPL. :

15

days

days

MOVING :

days

days

TOT. COMPL. :

15

days

Tangible :

$3,535,866

R/L

$229,167

Intangible:

$7,328,926

COMPL.

$398,196

SUBTOT

QTY

DESCRIPTION

WORK PROGRAM & BUDGET


UNIT

Xtreme CBL-VDL-GR-CCL of 2800 ft of log


RUN-III :

days

QTY

U/PRICE

TOTAL

LS

51,634.0

51,634.0

Xtreme tool (Ind-Son-GR-LDL-CNL)

LS

304,000.0

304,000.0

Xtreme CBL-VDL-GR-CCL of 1500 ft of log

LS

49,806.0

49,806.0

LS

245,000.0

245,000.0

LS

200,000.0

200,000.0

LS

100,000.0

100,000.0

ACT. EXP.
U/P

TOT.

TD @ 12800

Mob + Xtreme tools


VSP (2 TIME) AND PIPESEIS
Explosive to cutting the drill string
37

SUB TOTAL

1,333,220

39

SUB TOTAL

1,494,720

40

COMPLETION

41

CSG, LINER & TBG INSTALLATION


TUBULAR INSPECTION

241

LS

8,000.0

8,000.0

ENG. SERVICE FOR LINER 7"

241

LS

15,000.0

15,000.0

Casing Crew

241

LS

50,000.0

50,000.0

Miscellaneous

241

LS

25,000.0

25,000.0

BAKER LOCK

160

CAN

10

32.8

328.0

BESTOLIFE

160

CAN

10

102.3

1,023.0
99,351.0

42

CEMENT, CEMENTING PUMP FEES


CEMENTING EQUIPMENT RENTAL

LS

5,000.0

5,000.0

PUMPING CHARGE

JOB

10,000.0

10,000.0

CEMENT ADDITIVES

LS

70,000.0

70,000.0

PERSONNEL

LS

5,000.0

5,000.0
90,000.0

43

CASED HOLE ELECTRICAL LOGGING


CBL/VDL/CCL/GR OR CET

JOB

55,000.0

55,000.0

CCL/GR for space outs

JOB

15,000.0

15,000.0
0.0

44

PERFORATING & WIRELINE SERVICES


EXPLOSIVE
CEMENT RETAINER SETTING

45

70,000.0

LOTS

70,000.0

0.0

JOB

30,000.0

30,000.0

lots

35,000.0

35,000.0

30,000.0

SIMULATION TREATMENT
Acid abd Acidizing Chemicals

35,000.0
46

PRODUCTION TEST
Service personnnel charge

JOB

5,000.0

15,000.0

BHP/sample analysis charges

JOB

5,000.0

5,000.0

Separator

DAY

15

248.0

3,720.0

Separator Accessories Rental

DAY

15

1,800.0

27,000.0

Installation Separator Test 10,000 PSI WP

JOB

2,000.0

2,000.0

H-TEMP ENGINEER

DAY

15

350.0

5,250.0

H-TEMP UNIT RENTAL

DAY

15

325.0

4,875.0

EA

10

1,100.0

11,000.0

BATTERY PACK
47

SUB TOTAL

49

GENERAL

73,845.0
398,196.0

Page 12 of 22

CALCULATION SHEET FORM BPMIGAS- SCHEDULE-19

21-Sep-13

DRILLING COST ESTIMATE ( PRODUCTION BASIS )


WELL

Singa-3

EST. TD

12500

Est. RIG DAYS :

SPUD IN

Q-4, 2005

FT

TOTAL COST:

NO

DRILLING :
$11,492,155

Calc. based on $1 = Rp

10500

70

days

COMPL. :

15

days

days

MOVING :

days

days

TOT. COMPL. :

15

days

Tangible :

$3,535,866

R/L

$229,167

Intangible:

$7,328,926

COMPL.

$398,196

SUBTOT

QTY

DESCRIPTION

WORK PROGRAM & BUDGET


UNIT

50

85

MOVING :

QTY

U/PRICE

TOTAL

ACT. EXP.
U/P

TOT.

SUPERVISION
Allocated salaries field office

MTH

3,809.5

HPHT Consultant

DAY

1,000.0

0.0

DAY

85

1,000.0

85,000.0

85,000.0

FT

12500

2.0

25,000.0

25,000.0

LS

50,000.0

50,000.0

50,000.0

Helicopter (Stand by)

MTH

100,000

0.0

Helicopter (Hours)

Hrs

500

0.0

TRIP

5500

5,500.0

Company Man

51

INSURANCE

52

PERMITS & FEES (OPEN LOC)

person

Well insurance

0.0

Customs clearance
Land clearence

212

53

MARINE RENTAL CHARTER

CC

54

HELLICOPTER & AVIATION CHG TICKET

CC

Airfare tickets for PTES/serv coy.

Helicopter Areal Survey

55

For Com. Man. , 2 man ( JKT - PLB v.v. )

640

TRIP

20

250.0

5,000.0

For Drll. Eng. , 4 man ( JKT - PLB v.v. )

640

TRIP

12

250.0

3,000.0

For Geologist, 4 man ( JKT - PLB v.v. )

640

TRIP

250.0

2,000.0

Govt. visitor 8 men ( JKT - PLB v.v.)

640

TRIP

250.0

2,000.0

Service coy 8 men ( JKT - PLB v.v.)

640

TRIP

64

250.0

16,000.0

TRANS. EQUIP. FOR MOVING MATERIAL

TRIP

30

1,000.0

30,000.0

TRANS EQUIP. FOR DAILY OPERATION

LS

30

250.0

7,500.0

Personnel transportation (OSD)

LS

1.0

1,000.0

1,000.0

33,500.0

LAND TRANSPORTATION

Personnel transportation (Drilling Staff)

unit

MTH

2.8

600.0

6,800.0

Wages & Fees for drivers

man

MTH

2.8

500.0

5,666.7
50,967.0

56

OTHER TRANPORTATION

57

FUEL & LUBRICANTS


Fuel @ US$0.2882 / ltr
Fuel for light vehicle 4 ui @ 40 ltr/day

DAY

85

0.0

0.0

Fuel for lift eqp. 4 ui @ 50 ltr/day

DAY

85

0.0

0.0

Genset/pump @ 500 ltr/day

DAY

85

0.0

0.0

Rig power @ 10000 ltr/day

DAY

70

2,882.0

201,740.0

Completion @ 5000 ltr/day

DAY

15

864.6

12,969.0
214,709.0

58

CAMP FACILITIES

CC

Meal For Company Personnel

Men

151

DAY

115

12.0

0.0

Meal Service Engineer

Men

151

DAY

115

12.0

0.0

Meal Logging Serv.

Men

151

DAY

20

12.0

0.0

Meal for visitor

Men

151

DAY

20

12.0

0.0

Meal For Non-Staff Comp

Men

151

DAY

115

6.0

0.0

Well site camp preparation

212

LS

15,000.0

0.0

RENTAL AC FOR WELL SITE CAMP

212

DAY

360.0

0.0

Catering & camp operation Serv.

212

DAY

3.0

0.0

Clinic/ Medic's room

910

MTH

2,500.0

7,083.3
0.0

2.83

Camp cleaning sservice

Men

212

MTH

28.6

Watchman

Men

212

MTH

42.9

0.0

212

MTH

300.0

30,000.0

CAMP PREP. /RENTAL HOUSE/GEN SET ETC.

100.0

37,083
Page 13 of 22

CALCULATION SHEET FORM BPMIGAS- SCHEDULE-19

21-Sep-13

DRILLING COST ESTIMATE ( PRODUCTION BASIS )


WELL

Singa-3

EST. TD

12500

Est. RIG DAYS :

SPUD IN

Q-4, 2005

FT

TOTAL COST:

NO
59

DRILLING :
$11,492,155

Calc. based on $1 = Rp

10500

70

days

COMPL. :

15

days

days

MOVING :

days

days

TOT. COMPL. :

15

days

Tangible :

$3,535,866

R/L

$229,167

Intangible:

$7,328,926

COMPL.

$398,196

SUBTOT

QTY

DESCRIPTION

WORK PROGRAM & BUDGET


UNIT

QTY

U/PRICE

MTH

0.0

TOTAL

ACT. EXP.
U/P

TOT.

ALLOCATED OVERHEAD
FIELD OFFICE AREA

1,500.0

0.0

TRAINNING PROGRAM FOR H2S

LS

0.0

5,000.0

0.0

WARNING SIGN ( FLAGS, WINDS SHOCK, ETC )

LS

0.0

1,000.0

0.0

EXPENSES FOR EVACUATION PROC.

LS

1.0

1,000.0

1,000.0

MTH

2.8

1,500.0

4,250.0

LS

1.0

2,500.0

2,500.0

MTH

2.8

500.0

1,416.7

LS

5,000.0

5,000.0

Fluid & Rock Lab Analysis

LS

65,000.0

0.0

Re-interpretasion Seismic

LS

105,000

0.0

LS

HT / HP course

LS

30,000

0.0

HPHT Consultant (Nov 03-July 04)

LS

247,000.0

0.0

WELL SITE GEOLOGIST

DAY

1,000.0

0.0

WELL CONTROL EXPERT

DAY

1,800.0

0.0

MEDIC, @ $ 1000 / MTH


RADIO COMM. FOR H2S CONTINGENCY PLAN
RADIO OPERATOR, MATERIAL MAN
60

85

MOVING :

JAKARTA OFFICE

9,167.0

Jkt Exploration as per EXPl.

61

5,000.0

TECHNICAL SERVICES FROM ABROAD

0.0

64

SUBTOTAL

65

TOTAL INTANGIBLE COST

66

TOTAL COST

11,492,155.4

67

TIME PHASED EXPEDITURE

11,492,155.4

68

THIS YEAR

69

FUTURE YEAR

70

510,426.3
7,956,289.2

11,492,155.4

TOTAL
PREPARED BY

GUSTIORO

11,492,155.4
REVIEWED AND RECOMMENDED BY

APPROVED BY

PUDJO SUWARNO

Page 14 of 22

BUDGET SCHEDULE NO. 19


BP MIGAS
AUTHORIZATION FOR EXPENDITURES, DRILLING AND WORKOVER
OPERATOR
CONTRACT AREA
CONTRACT AREA No.

:
:
:

P.T MEDCO E&P LEMATANG


PSC - LEMATANG BLOCK

PROJECT TYPE
WELL NAME
WELL TYPE
PLATFORM/TRIPOD
FIELD/STRUCTURE
BASIN

:
:
:
:
:
:

DRILLING
SINGA # 3
DEVELOPMENT
LAND RIG
BATURAJA FM
LEMATANG

AFE No.

DATE

: Sep-2013
IN US DOLLAR

LOCATION

WATER DEPTH

SPUD DATE
COMPLETION DATE
PLACED IN SERVICE
DRILLING DAYS
MOVING DAYS
CLOSE OUT DATE

:
:
:
:
:
:

SURFACE COORDINATE : Lat 3 31' 7.409" S Long. 103 46' 29.936" E

LEMATANG

ELEVATION : KB = 138 FT
PROGRAM
Q-4 OF 2005

TOTAL TANGIBLE COSTS


INTANGIBLE COSTS
PREPARATION AND TERMINATION
SURVEYS
LOCATION STAKING AND POSITIONING
WELLSITE & ACCESS ROAD PREPARATION
SERVICE LINES & COMMUNICATIONS
WATER SYSTEMS
RIGGING UP / RIGGING DOWN
S U B T O T A L
DRILLING / WORKOVER OPERATIONS
CONTRACT RIG
DRILLING RIG CREW/CONTRACT RIG CREW
MUD CHEMICAL & ENGINERING SERVICES
WATER
BITS REAMERS AND CORE HEADS
EQUIPMENT RENTAL
DIRECTIONAL DRILLING & SURVEYS
DIVING SERVICES
CASING INSTALLATION
CEMENT, CEMENTING AND PUMP FEES

COMPLETION :
WORK PROGRAM
AND BUDGET
1

BPMIGAS

ACTUAL EXPENDITURES
PRIOR YEARSCURRENT YEAR T O T A L
4
5
6

ACTUAL
OVER/UNDER
7

PRECENTAGE
OVER/UNDER
8

229,167
14,183
29,200

280,050
2,829,750
794,420
225,672
546,126
74,125
256,023
546,781

1,494,720

Gus/Djarot/Pudjo S

WELL STATUS : __________________

7,500

S U B T O T A L
COMPLETION
CASING LINER & TUBING INSTALLATION
CEMENT, CEMENTING AND PUMP FEES
CASED HOLE ELEC. LOGGING SERV.
PERFORATING AND WIRELINE SERVICES
STIMULATION TREATMENT
PRODUCTION TESTS

FINAL
BUDGET
3

ACTUAL
_____________________
_____________________
_____________________
_____________________

85
12500
919
135,202

3,535,866

5,272,897

S U B T O T A L
TOTAL INTANGIBLE COSTS
TOTAL COSTS
TIME PHASED EXPENDITURES
THIS YEAR
FUTURE YEARS
T O T A L

REVISED
BUDGET
2

SINGLE

RIG TYPE : LAND RIG

1,725,409
133,757
645,000
410,500
621,200

S U B T O T A L
FORMATION EVALUATION
CORING
MUD LOGGING SERVICES
DRILLSTEM TESTS
OPEN HOLE ELECTRICAL LOGGING SERV.

S U B T O T A L
GENERAL
SUPERVISION
INSURANCE
PERMITS AND FEES
MARINE RENTAL AND CHARTERS
HELICOPTER AND AVIATION CHARGES
LAND TRANSPORTATION
OTHER TRANSPORTATION
FUEL AND LUBRICANTS
CAMP FACILITIES
ALLOCATED OVERHEADS
- FIELD OFFICE
- JKT OFFICE
- OVERSEAS
TECHNICAL SERVICES FROM ABROAD

RIG NAME : APD#5

PROGRAM
RIG DAYS
TOTAL DEPTH
WELL COST PER FOOT $/FT
WELL COST PER DAY $/DAY

_________________

TANGIBLE COSTS
CASING
CASING ACCESSORIES
TUBING
WELL EQUIPMENT - SURFACE
WELL EQUIPMENT - SUBSURFACE
OTHER TANGIBLE COSTS

OPERATOR

CONTRACTOR : PT MEDCO E&P LEMATANG

ACTUAL

85

DESCRIPTION
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
13.
14.
15.
16.
17.
18.
19.
20.
21.
22.
23.
24.
25.
26.
27.
28.
29.
30.
31.
32.
33.
34.
35.
36.
37.
38.
39.
40.
41.
42.
43.
44.
45.
46.
47.
48.
49.
50.
51.
52.
53.
54.
55.
56.
57.
58.
59.
60.
61.
62.
63.
64.
65.
66.
67.
68.
69.
70.

161,500
1,333,220

99,351
90,000
70,000
30,000
35,000
73,845
398,196
85,000
25,000
50,000
33,500
50,967
214,709
37,083
9,167
5,000

510,426
7,956,289
11,492,155
11,492,155
11,492,155

APPROVED BY

REMARKS :

NAME

Budi Basuki

POSITION

Director Ops

Production Basis

DATE

APPROVED BY
NAME
POSITION
DATE
BPMIGAS

BUDGET SCHEDULE NO. 19

BPMIGAS
PRODUCTION SHARING CONTRACTS
AUTHORIZATION FOR EXPENDITURE - DRILLING AND WORKOVER MATERIAL LIST

OPERATOR
CONTRACT AREA
CONTRACT AREA NO

:
:
:

PT. MEDCO E& P LEMATANG


PSC - LEMATANG BLOCK

DESCRIPTION
1
1

TANGIBLE

CASING :

PROJECT TYPE
WELL NAME
WELL TYPE
PLATFORM/TRIPOD
BASIN

UNITS
OF
ISSUE

QUANTITY

UNIT
PRICE

TOTAL

FT

120

156.2

18,744

120

156.2

18,744

FT

3,500

86.5

302,803

3,500

86.5

302,803

9,000

49.9

448,668

9,000

49.9

448,668

FT

CASING 9-5/8", SMC-110, Vam, 53.5 #/ft

FT

12,000

67.8

813,120

12,000

67.8

813,120

CASING 7", P-110, Prem. Conn., 38 #/ft

FT

3,500

36.7

128,575

3,500

36.7

128,575

PUP JOIN CASING 7

FT

1,500.0

4,500

1,500.0

4,500

PUP JOIN CASING 13-3/8

EA

1,500

4,500

1,500.0

4,500

PUP JOIN CASING 9-7/8

EA

1,500

4,500

1,500.0

#REF!

4,500
#REF!

CASING ACESSORIES

FLOAT SHOE 20", K-55, Big Omega

EA

4,320.0

4,320

4,320.0

4,320

FLOAT COLLAR 20", K-55, Big Omega

EA

5,040.0

5,040

5,040.0

5,040

FLOAT SHOE 13-3/8", P-110, New Vam

EA

5,400.0

5,400

5,400.0

5,400

FLOAT COLLAR 13-3/8", P-110, New Vam

EA

13,200.0

13,200

13,200.0

13,200

FLOAT SHOE 9-7/8", SMC-110, Vam Top

EA

4,932.0

4,932

4,932.0

4,932

FLOAT COLLAR 9-7/8", SMC-110, Vam Top

EA

11,794.8

11,795

11,794.8

11,795

Water Bushing 9-7/8"

EA

14,070.0

14,070

14,070.0

14,070

#REF!

SUBTOTAL

#REF!

TUBING

TUBING 5" 13% Cr, 18.0 ppf ????

JT

12,500

51.60

645,000

12,500

51.6

645,000

SUBTOTAL

CASING 20", K-55, Big Omega, 133 #/ft

SUBTOTAL

ISSUED FROM STOCK


QUANTITY
UNIT PRICE
TOTAL
6

645,000
645,000

WELL EQUIPMENT SURFACE


CASING HEAD A-SECTION 20-3/4 - 3K

SET

18,000.00

18,000

18,000.0

18,000

CSG HEAD B-SECTION 20-3/4 - 3 K x 13-5/8"-5K

SET

22,500.00

22,500

22,500.0

22,500

CSG HEAD C-SECTION 13-5/8"-5 K x 11" - 10K

SET

35,000.00

35,000

35,000.0

35,000

11", 10M x 4-1/16" 10M Tubing Bonnet/Cap Assy.

SET

30,000.00

30,000

30,000.0

30,000

PAGE 17 OF 22

BUDGET SHCEDULE NO. 20


ATTACHMENT TO BUDGET SCHEDULE 19

DRILLING
SINGA-3
EXPLORATION
LEMATANG

CASING 30", ABB Vetco, 1" thick

CASING 13-3/8", P-110 , New Vam, 72 #/ft

:
:
:
:
:

AFE NO.
DATE

A C T U A L
NEW.PURCHASES
QUANTITY UNIT PRICE
TOTAL
9

10

11

GRAND
TOTAL
12

ACTUAL OVER/UNDER
QUANTITY
AMOUNT
13

14

0
:
: 21-Sep-13

SURPLUS MATERIAL
QUANTITY
DISPOSITION
15

16

BPMIGAS
PRODUCTION SHARING CONTRACTS
AUTHORIZATION FOR EXPENDITURE - DRILLING AND WORKOVER MATERIAL LIST

OPERATOR
CONTRACT AREA
CONTRACT AREA NO

:
:
:

PROJECT TYPE
WELL NAME
WELL TYPE
PLATFORM/TRIPOD
BASIN

PT. MEDCO E& P LEMATANG


PSC - LEMATANG BLOCK

DESCRIPTION
1

UNITS
OF
ISSUE

QUANTITY

UNIT
PRICE
4

4-1/16", 10m, Xmas Tree

SET

180,000.00

Hydraulic Actuator for Upper Master Valve

SET

25,000.00

SUBTOTAL

180,000

180,000.0

180,000

25,000

25,000.0

6,000.00

25,000
310,500

6,000

6,000.0

200.0

30,000

15,000.0

30,000

200.00

6,000

Flow Coupling

EA

15,000.00

Top No-Go non-ported seating

EA

9,000.00

9,000

9,000.0

9,000

EA Equalizing Flapper
Wireline Retrievable Self Closed Sub-surface Safety Valve w/Self
1
80,000.00

80,000

80,000.0

80,000

#REF!

####

#REF!

#REF!
0

0.00

SUBTOTAL

#REF!

#REF!

#REF!
-

#REF!
-

#REF!

#REF!

#REF!

TOTAL TANGIBLE

#REF!

MUD CHEMICAL
Water Based Mud
Barite

SACK

2,000

8.4

16,837

2,000

8.4

16,837

Bentonite

SACK

1,000

17.0

16,950

1,000

17.0

16,950

Caustic soda

SACK

60

10.4

626

60

10.4

626

Deflocculant (thinner)

CAN

97.8

97.8

Fluid Loss Control-R

SACK

96.1

96.1

Fluid Loss Control-SL

SACK

212.9

212.9

Viscosifier-Polymer

CAN

160

102.2

16,348

160

102.2

16,348

Sodium Bicarbonat

SACK

60

6.3

378

60

6.3

378

Soda Ash

SACK

20

22.3

446

20

22.3

446
-

Oxygen scavenger

CAN

100.8

100.8

Liquid defoamer

CAN

35.7

35.7

KCL

SACK

300

20.0

6,000

300

20.0

6,000

DD Compund

DRUM

650.0

2,600

650.0

2,600

PAGE 18 OF 22

AFE NO.
DATE

A C T U A L
NEW.PURCHASES
QUANTITY UNIT PRICE
TOTAL
9

WELL EQUIPMENT SUB-SURFACE

Size 5 in control line clamp,metal type,no elastomers,c/w pinsEA

BUDGET SHCEDULE NO. 20


ATTACHMENT TO BUDGET SCHEDULE 19

DRILLING
SINGA-3
EXPLORATION
LEMATANG

ISSUED FROM STOCK


QUANTITY
UNIT PRICE
TOTAL

310,500

Size3 inOD 0.049in wall seamless conl line,Incoloy 825, 400' EA

TOTAL

:
:
:
:
:

10

11

GRAND
TOTAL
12

ACTUAL OVER/UNDER
QUANTITY
AMOUNT
13

14

0
:
: 21-Sep-13

SURPLUS MATERIAL
QUANTITY
DISPOSITION
15

16

BPMIGAS
PRODUCTION SHARING CONTRACTS
AUTHORIZATION FOR EXPENDITURE - DRILLING AND WORKOVER MATERIAL LIST

OPERATOR
CONTRACT AREA
CONTRACT AREA NO

:
:
:

PROJECT TYPE
WELL NAME
WELL TYPE
PLATFORM/TRIPOD
BASIN

PT. MEDCO E& P LEMATANG


PSC - LEMATANG BLOCK

DESCRIPTION
1

UNITS
OF
ISSUE

QUANTITY

UNIT
PRICE

TOTAL
5

:
:
:
:
:

ISSUED FROM STOCK


QUANTITY
UNIT PRICE
TOTAL
6

SACK

200

67.8

13,560

200

67.8

13,560

Free Pipe Sticking Add.

DRUM

640.6

3,203

640.6

3,203

47.7

119,250.0

2,500

47.7

119,250.0

Oil Based Mud

BBL

2,500

Barite

SACK

15,000

8.4

126,277.5

15,000

8.4

126,277.5

Bentonite for OBM

SACK

500

144.6

72,320.0

500

144.6

72,320.0

Emulsifier 1st

DRUM

100

444.0

44,404.5

100

444.0

44,404.5

Emulsifier 2nd

DRUM

100

361.5

36,152.1

100

361.5

36,152.1

Fluid Loss Control for HT

SACK

1,000

40.6

40,600.9

1,000

40.6

40,600.9

Fluid Loss Contr. for HT

SACK

244.4

244.4

Lime, Ca(OH)2

SACK

1,500

5.3

7,881.8

1,500

5.3

7,881.8

CaCl2

SACK

2,500

16.1

40,369.3

2,500

16.1

40,369.3

Thinner (Surfactant)

DRUM

75

917.0

68,776.3

75

917.0

68,776.3

Oil Mud Conditioner

DRUM

100

394.8

39,475.4

100

394.8

39,475.4

Zinc Oxide (H2S Scav.)

SACK

200

68.6

13,718.2

200

68.6

13,718.2

Kwik Seal

SACK

720

37.3

26,877.6

720

37.3

26,877.6

Wallnut Shell

SACK

720

4.4

3,160.8

720

4.4

3,160.8

Mica

SACK

720

12.6

9,043.2

720

12.6

9,043.2

Fiber based LCM

SACK

720

16.8

12,074.4

720

16.8

12,074.4

Calcium Carbonat

SACK

720

4.1

2,916.0

720

4.1

2,916.0

LS

70,000.0

70,000.0

70,000.0

70,000.0

DRUM

632.1

632.1

Loss Circulation Material

COMPLETION & PACKER FLUID


BRINE

10 ppg

BARAKLEAN

810,247

SUBTOTAL

810,247

Bit, Reamer & Core Head

26"

OSC-3AJ - IADC 111

EA

20,340

40,680

PAGE 19 OF 22

20,340

AFE NO.
DATE

A C T U A L
NEW.PURCHASES
QUANTITY UNIT PRICE
TOTAL
9

Shale stabilizer

Diesel oil

BUDGET SHCEDULE NO. 20


ATTACHMENT TO BUDGET SCHEDULE 19

DRILLING
SINGA-3
EXPLORATION
LEMATANG

40,680

10

11

GRAND
TOTAL
12

ACTUAL OVER/UNDER
QUANTITY
AMOUNT
13

14

0
:
: 21-Sep-13

SURPLUS MATERIAL
QUANTITY
DISPOSITION
15

16

BPMIGAS
PRODUCTION SHARING CONTRACTS
AUTHORIZATION FOR EXPENDITURE - DRILLING AND WORKOVER MATERIAL LIST

OPERATOR
CONTRACT AREA
CONTRACT AREA NO

:
:
:

PROJECT TYPE
WELL NAME
WELL TYPE
PLATFORM/TRIPOD
BASIN

PT. MEDCO E& P LEMATANG


PSC - LEMATANG BLOCK

DESCRIPTION

UNITS
OF
ISSUE

QUANTITY
3

UNIT
PRICE
4

ISSUED FROM STOCK


QUANTITY
UNIT PRICE
TOTAL

EA

13,221

13,221

13,221

13,221

17 1/2" , IADC 415

EA

15,086

30,172

15,086

30,172

17 1/2" , PDC - DS68

EA

35,400

35,400

35,400

35,400

12 1/4" , IADC 437 M

EA

9,040

27,120

9,040

27,120

12 1/4" , PDC - DS68

EA

26,700

26,700

26,700

26,700

7 7/8" , IADC - 117M Pilot Hole

EA

3,000

3,000

8 1/2" , IADC - 517M

EA

5,989

17,967

5,989

17,967

8 1/2" , IADC - 537M

EA

6,554

19,662

6,554

19,662

8 1/2" , PDC - DS68

EA

14,750

14,750

14,750

14,750

5-7/8" IADC - 517 M

EA

4,091

4,091

5-7/8" IADC - 537 M

EA

4,091

4,091

5-7/8" PDC, IADC-M223

EA

6,900

6,900

225,672

225,672

9.4

62,388

6,620.0

9.4

Silica Flour

SSA

LBS

1,900

0.1

279

1,900.0

0.1

279.1

Weighting mt'l

Micromax

LBS

30,000

2.0

59,325

30,000.0

2.0

59,325.0

Accelerator

CaCl2

LBS

11.8

11.8

LBS

200

3,390.0

SACK

6,620

62,388.2

17.0

3,390

200.0

17.0

Retarder

HR25

LBS

29.0

145

5.0

29.0

144.9

Retarder

SCR-100L

GAL

600

151.4

90,852

600.0

151.4

90,852.0

Retarder

HR-6L

GAL

500

36.5

18,244

500.0

36.5

18,243.9

Fluid Loss

H413-L

GAL

15

99.8

1,497

15.0

99.8

1,497.4

Fluid Loss

H-344L

GAL

60

93.0

5,578

60.0

93.0

5,577.9

Fluid Loss

H-22L

GAL

120

69.4

8,326

120.0

69.4

8,325.8

Gas Block

Microblock

GAL

500

27.3

13,645

500.0

27.3

13,644.8

Dispersant

CFR-3L

GAL

101

40.7

4,109

101.0

40.7

4,108.7

Defoarmer

D-air2

GAL

56

49.8

2,788

56.0

49.8

2,788.1

Bentonite

PAGE 20 OF 22

AFE NO.
DATE

A C T U A L
NEW.PURCHASES
QUANTITY UNIT PRICE
TOTAL
9

Cement & Cementing Accesories

Class G cement, oil well

BUDGET SHCEDULE NO. 20


ATTACHMENT TO BUDGET SCHEDULE 19

DRILLING
SINGA-3
EXPLORATION
LEMATANG

17 1/2" , IADC 115 M

SUBTOTAL

TOTAL

:
:
:
:
:

10

11

GRAND
TOTAL
12

ACTUAL OVER/UNDER
QUANTITY
AMOUNT
13

14

0
:
: 21-Sep-13

SURPLUS MATERIAL
QUANTITY
DISPOSITION
15

16

BPMIGAS
PRODUCTION SHARING CONTRACTS
AUTHORIZATION FOR EXPENDITURE - DRILLING AND WORKOVER MATERIAL LIST

OPERATOR
CONTRACT AREA
CONTRACT AREA NO

:
:
:

PROJECT TYPE
WELL NAME
WELL TYPE
PLATFORM/TRIPOD
BASIN

PT. MEDCO E& P LEMATANG


PSC - LEMATANG BLOCK

DESCRIPTION
1

Barite

UNITS
OF
ISSUE

QUANTITY

UNIT
PRICE

TOTAL

SACK

100

:
:
:
:
:

ISSUED FROM STOCK


QUANTITY
UNIT PRICE
TOTAL
6

8.4

842

100.0

8.4

841.9

LBS

9,000

3.7

32,951

9,000.0

3.7

32,950.8

DSMA

GAL

60

138.6

8,316

60.0

138.6

8,316.3

LOSURF-259

GAL

150

46.1

6,909

150.0

46.1

6,908.8

PEN V

CAN

45.2

45.2

MUSOL E

GAL

300

36.0

10,790

300.0

36.0

10,790.4

CENTRALIZER, 20"

EA

30.0

160.5

4,815.0

30.0

160.5

4,815.0

CENTRALIZER, 13-3/8"

EA

30

101.7

3,051

30.0

101.7

3,051.0

TOP PLUG 13-3/8"

EA

1,907.5

1,908

1.0

1,907.5

1,907.5

BOTTOM PLUG 13-3/8"

EA

2,725.6

2,726

1.0

2,725.6

2,725.6

CENTRALIZER 9-7/8"

EA

20

80.2

1,604

20.0

80.2

1,604.0

SCRATCHER 9-7/8"

EA

20

29.6

592

20.0

29.6

592.0

SSR PLUG 9-7/8"

EA

5,485.0

5,485

1.0

5,485.0

5,485.0

EZSV 7 inch

EA

2,900.0

8,700

3.0

2,900.0

8,700.0

EZSV 9-5/8 inch

EA

3,200.0

6,400

2.0

3,200.0

6,400.0

EZSV 13-3/8 inch

EA

5,200.0

5,200

1.0

5,200.0

5,200.0

370,854

1,406,773

1,406,773

TOTAL

#REF!

#REF!

Aproved by

A C T U A L
NEW.PURCHASES
QUANTITY UNIT PRICE
TOTAL
10

11

GRAND
TOTAL
12

ACTUAL OVER/UNDER
QUANTITY
AMOUNT
13

370,854

TOTAL INTANGIBLE

Operator

AFE NO.
DATE

Dual Spacer Blend

SUBTOTAL

BUDGET SHCEDULE NO. 20


ATTACHMENT TO BUDGET SCHEDULE 19

DRILLING
SINGA-3
EXPLORATION
LEMATANG

BP MIGAS

Pudjo Suwarno

Position

VP Drilling

Date

Approved by

PAGE 21 OF 22

Position

Date

14

0
:
: 21-Sep-13

SURPLUS MATERIAL
QUANTITY
DISPOSITION
15

16

BPMIGAS
PRODUCTION SHARING CONTRACTS
AUTHORIZATION FOR EXPENDITURE - DRILLING AND WORKOVER MATERIAL LIST

OPERATOR
CONTRACT AREA
CONTRACT AREA NO

:
:
:

PT. MEDCO E& P LEMATANG


PSC - LEMATANG BLOCK

DESCRIPTION
1
Aproved by

Budi Basuki

PROJECT TYPE
WELL NAME
WELL TYPE
PLATFORM/TRIPOD
BASIN

Position

UNITS
OF
ISSUE

QUANTITY

Director Operation

UNIT
PRICE

TOTAL

Date

:
:
:
:
:

ISSUED FROM STOCK


QUANTITY
UNIT PRICE
TOTAL
6

7
Approved by

PAGE 22 OF 22

BUDGET SHCEDULE NO. 20


ATTACHMENT TO BUDGET SCHEDULE 19

DRILLING
SINGA-3
EXPLORATION
LEMATANG

AFE NO.
DATE

A C T U A L
NEW.PURCHASES
QUANTITY UNIT PRICE
TOTAL
9

10
Position

11

GRAND
TOTAL
12

ACTUAL OVER/UNDER
QUANTITY
AMOUNT
13
Date

14

0
:
: 21-Sep-13

SURPLUS MATERIAL
QUANTITY
DISPOSITION
15

16

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