MedcoEnergi Annual Report 2009

Istilah Minyak dan Gas

Sumur Kajian berarti sumur yang dibor pada tempat yang baru ditemukan minyak dan gas untuk memperoleh informasi lebih lanjut berarti sumur yang dibor untuk mengeksploitasi akumulasi hidrokarbon yang didapat dari sumur kajian. berarti sumur yang dirancang untuk menguji keabsahan interpretasi seismik dan membuktikan adanya hidrokarbon dalam formasi belum dibor. anjungan pemboran yang dirancang untuk beroperasi pada lokasi yang sulit. kontrak bantuan teknis

Oil and Gas Terms

gross production represents the sum of the oil and gas production from each of the Companys blocks multiplied by the effective interest in such block. represents reserves attributable to the Companys effective interest prior to deduction of Government take payable to the Government as owner of the reserves under the applicable contractual arrangement. means the Indonesian Crude Price-Sumatra Light Crude/ Minas, a reference price calculated using a formula determined by the Government. means joint operating body. means, for a given period, cost incurred to operate and maintain wells and related equipment and facilities. means liquefied natural gas. means liquefied petroleum gas. represents the Companys share of gross production after deducting the share payable to the Government pursuant to the terms of the relevant production sharing arrangement. represents reserves attributable to the Companys effective interest, after deduction of Government take payable to the Government as owner of the reserves under the applicable contractual arrangement. are proved reserves plus those reserves that are unproved reserves which analysis of geological and engineering data suggests are more likely than not to be recoverable. represents those quantities of petroleum which, by analysis of geological and engineering data, can be estimated with reasonable certainty to be commercially recoverable, from a given date forward, from known reservoirs and under current economic conditions, operating methods, and Government regulations. means production sharing contract. means a well that is designed to test the validity of a seismic interpretation and to confirm the presence of hydrocarbons in an undrilled formation. means technical assistance contract.

Sumur Pengembangan

Gross reserves

Sumur taruhan

ICP-SLC

Swampbarge TAC

JOB lifting cost or production cost

LNG LPG Net production or net entitlement

Net Reserves

Proved plus probable reserves (2P)

Proved reserves (1P)

PSC exploration well or wildcat well

TAC

249