By Rene Cosse
The quantity presents transparent and concise info on reservoir engineering equipment, starting from particular geological and geophysical ideas utilized to reservoirs, to the fundamentals of reservoir simulation, with regards to good logging, fluid PVT stories and good checking out. Emphasis is put on contemporary tools comparable to using style curves in good try interpretation, and on horizontal drain holes. the knowledge may also help all experts within the suitable disciplines resembling geologists, geophysicists, construction engineers and drillers. it is going to even be priceless to a broader variety of experts resembling laptop scientists, felony specialists, economists and learn staff, in putting their paintings inside a much wider specialist context and incorporating it right into a multidisciplinary box of task.
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In addition, LEMIGAS also operated a few small oil fields inJava. The period 1963- 5 was a difficult one for the foreign oil companies as they had to face a series of wildcat strikes and take-over problems from increasingly militant communist-dominated labour unions. Shell, in consequence, drew up plans to withdraw all its Indonesian operations, and soon after the abortive October 1965 coup transferred all its assets to the Ministry of Oil and Gas Affairs for the sum of$11O million, to be paid in cash and in kind (in the form of crude oil).
In 1966, General Suharto appointed the President-Director of PERM INA, Dr Ibnu Sutowo, to be Minister of Mines and Minister of Oil and Gas. Dr Ibnu Sutowo had been critical of the 1963 Contracts of Work, regarding them as being no more than 'dressed-up concession agreements'. As he put it: The most important thing in the difference between a concession and a non-concession is the matter of ownership of the oil. The fundamental principle underlying a concession, and highly favoured by foreign oil companies, is that oil is owned by the government in its natural geological form, but as soon as man has done something to it, he is the owner of the oil.
M. M. in Sarong, Irian Jaya to PERM INA. In 1965 PERMINA bought over the assets of Shell, including the refineries at Plaju and Balikpapan and the oil fields at Limau and Tanjung, as well as the marketing assets of Shell, Stanvac and Caltex. Its role was to take charge of oil exploration, production and marketing to foreign countries. Negotiations on the take-over of Dutch-owned firms in 1958 'Dr Kusumaatmadja is now the Minister of Foreign Affairs, Indonesia. PERTAMINA: THE NATIONAL OIL COMPANY 23 resulted in the transfer ofN.