Pertamina Q1 Oil Output Slightly Below Target

Wilda Asmarini
Monday, April 6, 2020

Indonesia's state oil and gas company PT Pertamina produced 421,000 barrels of crude oil per day and 2,887 million cubic feet of gas per day (mmscfd) in the first quarter of 2020, it said in a statement on Monday.

"Amid work and personnel adjustment due to the COVID-19 pandemic, Pertamina is still trying to maintain oil and gas production according to targets," the company said in the statement, adding that first-quarter output was 99% of its target.

A Pertamina official said in November the company was targeting production of 430,000 bpd of crude and 2,857 mmscfd of gas this year.

Pertamina's production from overseas fields in the first quarter was 156,000 barrels of oil equivalent per day, 103% of its overseas output target this year, mainly due to higher output from its Algeria field. 

(Reporting by Wilda Asmarini Writing by Fransiska Nangoy; Editing by Kirsten Donovan)

Categories: Energy Industry News Oil Production Asia Indonesia

Related Stories

Fugro Nets Mubadala Energy’s Deepwater Gas Job in Asia

Harbour Energy to Sell Stakes in Indonesian Assets to Prime Group for $215M

Eni Expands Asian Footprint with Long-Term LNG Contract in Thailand

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

Blackford Dolphin Semi-Sub to Keep Drilling Offshore India

Pakistan Greenlights TPOC-Led Offshore Exploration in Block-C

TechnipFMC to Supply Subsea Systems for Eni’s Maha Deepwater Project

SED Energy’s GHTH Rig Kicks Off Ops for PTTEP

Seatrium Maintains $12.8B Order Book on Renewables and FPSO Progress

CNOOC Brings Online Another Oil and Gas Project in South China Sea

Current News

Fugro Nets Mubadala Energy’s Deepwater Gas Job in Asia

EnQuest Set to Top 2025 Production Forecast on Southeast Asia Gains

Velesto Agrees $63M Jack-Up Drilling Rig Sale with Indonesian Firm

TotalEnergies Sells Stake in Malaysia’s Block to Thailand’s PTTEP

Technip Energies Gets On Board Thailand’s First CCS Project

Eni Makes Significant Gas Discovery Offshore Indonesia

Petronas Enlists MISC for FPU Job at Gas Field Offshore Brunei

Japan’s JERA Signs First Long-Term LNG Deal with India’s Torrent Power

India's ONGC Set to Retain 20% stake in Russia's Sakhalin-1 Project

Harbour Energy to Sell Stakes in Indonesian Assets to Prime Group for $215M

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