Strategies for Operational Cost Efficiency in Power Supply Provision at SKA Field of PT Pertamina EP Zone 11 Regional 4
DOI:
https://doi.org/10.38035/dijemss.v7i3.6009Keywords:
Cost Efficiency, Strategic Management, SWOT Analysis, Synergy, QSPM MatrixAbstract
SKA Field is one of the oil and gas fields owned by PT Pertamina EP (PEP), located in Bojonegoro, East Java. As a brown field experiencing natural production decline, its oil output decreased from 8,212 BOPD in 2020 to 4,498 BOPD in 2024, resulting in higher production costs. The field is also affected by volatility in global crude oil prices and the depreciation of the Indonesian rupiah, which further increases operational expenses. The largest component of SKA Field’s operational expenditure is the cost of power supply, amounting to IDR 1,468,082,803 per month. This study aims to identify the factors contributing to high power supply costs and to analyze potential strategic alternatives to improve cost efficiency in power operations. The methodology includes a qualitative descriptive approach supported by strategic management analysis through interviews with Pertamina EP and PLN management, combined with quantitative comparisons of net present value (NPV) for several strategic options. The analysis employs the Cause-and-Effect Diagram, SWOT Analysis, IFE Matrix, EFE Matrix, and QSPM Matrix. The results indicate that a synergy strategy between Pertamina EP and PLN has the potential to reduce operational costs while improving power supply reliability to support production activities in SKA Field.
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