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

Mubadala Hires SLB for Deepwater Drilling Services Offshore Indonesia

Japan's Mitsui in Advanced Talks for Stake in Qatar’s North Field LNG Project

Japan’s JERA Agrees Long-Term LNG Supply from Middle East

QatarEnergy, Petronas Ink 20-Year LNG Supply Agreement

ADNOC Gas Signs $3B LNG Supply Deal with India’s HPCL

Thailand's Gulf Energy Eyes Long-Term LNG Supply

Yinson Production Cuts First Steel for Vietnam-Bound FSO

EnQuest Set to Top 2025 Production Forecast on Southeast Asia Gains

CNOOC Puts New South China Sea Development Into Production Mode

Venture Global, Tokyo Gas Ink 20-Year LNG Supply Deal

Current News

Saipem Agrees $272M Deal to Acquire Deep Value Driller Drillship

DUG Hooks Multi-Client Seismic Reprocessing Survey off Malaysia

MISC, PTSC Extend Ruby II FPSO Operations Offshore Vietnam

Petronas Takes Operatorship of Oman’s Offshore Block 18

Mubadala Hires SLB for Deepwater Drilling Services Offshore Indonesia

Malaysia Offers Nine Exploration Blocks in 2026 Bid Round

Seatrium Unit Launches Arbitration Against Petrobras over FPSO Contract

Transocean-Valaris Tie-Up to Create $17B Offshore Drilling Major with 73 Rigs

Malaysia Oil and Gas Projects Advance with Petronas' PSC and Farm-Out Deals

Vantage Drilling’s Ultra-Deepwater Drillship Heads to India Under $260M Contract

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