Exxon to Be Indonesia's Top Oil Producer

Wednesday, January 16, 2019

Exxon Mobil Corp unit Exxon Mobil Cepu Limited is expected to produce 216,000 barrels per day of crude oil in 2019, making it Indonesia's biggest oil producer, the country's upstream oil and gas regulator (SKKMigas) said.

In second place Chevron Corp unit Chevron Pacific Indonesia is expected to produce 190,000 bpd of crude oil in 2019, SKKMigas chief Dwi Soetjipto told reporters on Wednesday.

State-owned Pertamina unit Pertamina EP is expected to produce 85,000 bpd of oil in 2019.

Pertamina unit Pertamina Hulu Mahakam is tipped to become the country's top gas producer with 196,000 barrels of oil equivalent (boepd) of natural gas in 2019, up from 149,000 boepd in 2018, Soetjipto said.

BP plc unit BP Berau is expected to produce 188,000 barrels of oil equivalent (boepd) of natural gas in 2019, compared with 192,000 boepd in 2018.

Conocophillips unit Conocophillips (Grissik) Ltd is expected to produce 145,000 boepd of natural gas in 2019 compared with 150,000 boepd in 2018.

(Reporting by Wilda Asmarini Writing by Fergus Jensen Editing by Louise Heavens)

Categories: Production Asia Indonesia

Related Stories

Shelf Drilling Lands New Jack-Up Contract in Vietnam, Extends Egypt Deal

Seatrium Engages Axess Group to Clear FPSOs for Brazil Deployment

Allseas-Boskalis Consortium Bags $1.4B Offshore Gas Pipeline Job in Taiwan

PTTEP Buys Chevron's Hess Unit Share of Southeast Asia’s Offshore Block for $450M

Valeura Energy, PTTEP Partner Up on Gulf of Thailand Blocks

Sapura Scoops Over $118M for Chevron, PTTEP Subsea Ops off Thailand

China Starts Production at Major Oil Field in Bohai Sea

KBR-SOCAR Joint Venture Secures Work for BP in Azerbaijan

Indonesia's Medco Starts Production at Natuna Sea Fields

Petrovietnam, Petronas Extend PSC for Offshore Block

Current News

Norwegian Oil Investment Will Peak in '25

Saipem Marks First Steel Cut for Tangguh UCC Project at Karimun Yard

Saipem Wins FEED Contract For Abadi LNG Project FPSO Module In Indonesia

Cheniere, JERA Ink Long-Term LNG Sale and Purchase Agreement

Shelf Drilling Lands New Jack-Up Contract in Vietnam, Extends Egypt Deal

Seatrium Engages Axess Group to Clear FPSOs for Brazil Deployment

Inpex Picks FEED Contractors for Abadi LNG Onshore Plant

Inpex Kicks Off FEED Work for Abadi LNG Scheme Offshore Indonesia

ADNOC Signs Long-Term LNG Deal with Hindustan Petroleum Corporation

Sapura Energy Rebrands to Vantris Energy

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