Mapping of the Market Potential of Feasibility Study of the Use of Balun Gas Well, Cepu Sub–District

DOI

10.2991/assehr.k.200529.096How to use a DOI?

Keywords

Balun Gas Well, Feasibility Study, Benefit Cost Ratio

Abstract

Utilization of the Balun Field Gas Well, Cepu, is related to fulfilment and improves the welfare of the Cepu people and its surroundings, then a mapping of the market potential in the area of potential gas wells in Balun Field. Utilization of the Balun Gas Well from PM 2 Balun has a gas reserve of ± 0.162 MMscf / d, assuming the addition of gas wells is in line with the target for its use. Determination, determined by the method of using techniques that were deliberately chosen for the community in accordance with the research objectives, where the native of Balun, Cepu were sought and interviewed, then a cost-benefit analysis or commonly called a Benefit Cost Ratio. From the results of data collection and economic analysis, both technical and economic analysis, the results of the Benefit Cost Ratio (BCR) analysis obtained a B/C value of 0.9022 (<1) indicating that economically the utilization of the Balun Field gas well project was not feasible. However, the development project of natural gas distribution pipelines is one of the efforts to contribute the development of education / as a learning tool in PEM Akamigas.

Copyright

© 2020, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Yunanik
PY  - 2020
DA  - 2020/05/04
TI  - Mapping of the Market Potential of Feasibility Study of the Use of Balun Gas Well, Cepu Sub–District
BT  - Proceedings of the 1st Borobudur International Symposium on Humanities, Economics and Social Sciences (BIS-HESS 2019)
PB  - Atlantis Press
SP  - 460
EP  - 464
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.200529.096
DO  - 10.2991/assehr.k.200529.096
ID  - 2020
ER  -