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

Australia and Timor-Leste Push to Advance Greater Sunrise Gas Field

MODEC, Eld Energy Partnership Targets Low-Carbon FPSO Power

Inpex Moves to Accelerate Indonesia’s Abadi LNG Project

Chevron in Final Talks with Eneos, Glencore on Singapore Assets Sale

Turkish Petroleum, Chevron Discuss Joint Oil and Gas Exploration

Murphy Oil Appraisal Well Boosts Resource Outlook at Field off Vietnam

ADNOC Takes FID on SARB Deep Gas Project Offshore Abu Dhabi

Offshore Rig Outlook: As 2025 Challenges Fade, Path Ahead Brightens

India Seeks $30B from Reliance, BP Over Gas Shortfall at Offshore Fields

US Pressure on India Could Propel Russia's Shadow Oil Exports

Current News

Australia and Timor-Leste Push to Advance Greater Sunrise Gas Field

MODEC, Eld Energy Partnership Targets Low-Carbon FPSO Power

JERA Lifts First LNG Cargo From Barossa Gas Project in Australia

Inpex Moves to Accelerate Indonesia’s Abadi LNG Project

Chevron in Final Talks with Eneos, Glencore on Singapore Assets Sale

Seadrill Firms Up Offshore Drilling Workload with Multi-Region Contract Awards

Turkish Petroleum, Chevron Discuss Joint Oil and Gas Exploration

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

Samos Energy Buys Suksan Salamander FSO from Altera Infrastructure

Philippines Makes First Offshore Gas Discovery in Over a Decade

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