Abandonment and site restoration (ASR) reservation scenario with cost recovery on MATD structure

Abandonment and Site Restoration (ASR) activities are carried out on the MATD structure. The works in the ASR project include engineering design, licensing and regulatory compliance, well abandoned, demolition, transportation, storage, and site restoration. The total cost of ASR work is used as an approach because in Indonesia there is no decommissioning work, so the data reported in the ASR fund reserve report is estimated data from owner estimate and an appraisal has been carried out by KKKS who are still using cost recovery. ASR work includes engineering aspects and reserve funds for land restoration in order to improve or restore damaged land conditions by forming structures and functions according to with surrounding conditions. The stage that will be carried out after an oil and gas facility has expired and has received approval for decommissioning is to clean the facility from hydrocarbons. All flushing line piping, equipment and areas in the facility must be ensured to be clean so that the potential for hazardous and flammable/explosive waste is eliminated. The process of abandoned the well commonly known as Plug & Abandoned (P&A) is then carried out with PTK and SNI which have set the process (P&A).