Indonesia's Oil Output Rises

Friday, January 4, 2019

The Indonesian unit of Chevron Corp produced 209,400 barrels of oil per day (bpd) from the Rokan block in 2018, down from 223,000 bpd a year earlier, Dwi Soetjipto, chairman of upstream oil and gas regulator SKK Migas said.

Exxon Mobil produced 209,300 bpd of crude oil from the Cepu block in 2018, compared to 203,000 bpd in 2017, Soetjipto said.

BP Berau, a unit of BP Plc, which operates the Tanggu LNG plant produced 1,076 million standard cubic feet per day (mmscfd) of natural gas, versus 965 mmscfd in 2017.

Pertamina Hulu Mahakam's gas lifting last year was 832 mmscfd, down from 1,286 mmscfd in 2017.

ConocoPhillips' Corridor Block production rose to 840 mmscfd of gas in 2018.

SKK Migas said Indonesia targets $14.79 billion in upstream oil and gas investment this year.


(Reporting by Wilda Asmarini and Bernadette Christina Munthe; Writing by Fransiska Nangoy; Editing by Susan Fenton)

Categories: Energy LNG Oil Production Asia Natural Gas Indonesia

Related Stories

Petrovietnam, Petronas Extend PSC for Offshore Block

INEOS Wraps Up Acquisition of CNOOC’s US Oil and Gas Assets

CNOOC Sees 11% Profit Growth in 2024 Driven by Record Oil Production

Valeura Wraps Up Infill Drilling Campaign in Gulf of Thailand

Shell Predicts 60% Rise in LNG Demand by 2040 with Asia Leading the Way

CNOOC Brings Online Second Phase of Luda Oil Field Project in Bohai Sea

ADNOC Secures LNG Supply Deal with India's BPCL

CNOOC Starts Production at Offshore Oil Filed Equipped with CCUS Tech

China's CNOOC Aims for Record Oil and Gas Production in 2025

AI & Offshore Energy: The Higher the Stakes, the More Value AI Creates

Current News

Mitigate SCC & HE to Keep Offshore Metal Structures Ship Shape

India Stretches Bids Deadline for 13 Offshore Deep-Sea Mineral Blocks

Indonesia Awards Oil and Gas Blocks to Boost Reserves

Sapura Energy Nets $22.6M in Offshore Support Vessel Contracts

CNOOC Puts Into Production New Oil Field in South China Sea

Sunda Energy Starts Environmental Consultation for Chuditch-2 Well Drilling Plans

Pakistan’s OGDC to Start Production at ADNOC’s Offshore Block by 2027

Petrovietnam, Petronas Extend PSC for Offshore Block

Sapura Energy Scoops Close to $9M for O&M Work off Malaysia

Hanwha Ocean Marks Entry into Deepwater Drilling Market with First Drillship

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com