State energy company PT Pertamina is determined to support the Indonesian government's efforts to accelerate oil and gas (migas) lifting targets in 2025, amid national energy security challenges and global market volatility.

In a hearing with the House of Representatives (DPR) Commission XII on Monday , June 30, 2025, Pertamina’s Director of Logistics and Infrastructure, Jaffee Arizon Suardin, confirmed that the company projects a 3-percent increase in production by the end of 2025 despite persistent operational hurdles.

“The main challenge we face is natural decline, which occurs at around 21 percent annually. Still, we expect Pertamina’s oil-equivalent production per day to increase by approximately 3 percent,” Jaffee said.

The hearing brought together key stakeholders in Indonesia’s energy sector − the Ministry of Energy and Mineral Resources (ESDM), the Upstream Oil and gas Regulatory Task Force (SKK Migas), and Downstream Oil and Gas Regulatory Agency (BPH Migas) − to discuss realistic macroeconomic assumptions and strategies to ensure reliable energy supply and sustainable growth.

Tri Winarno, Acting Director General of Oil and Gas at the ESDM ministry, affirmed the government’s commitment to boosting lifting production.

“To achieve the target, we are optimizing active fields and reactivating idle wells and fields that are no longer producing,” he said.

Pertamina, which contributes 69 percent of national oil production and 37 percent of gas output, has been leveraging multiple approaches to boost production. These include deploying Enhanced Oil Recovery (EOR) technologies, opening new wells, and acquiring oil and gas fields abroad through its upstream subholding, Pertamina Hulu Energi (PHE).

As of May 2025, PHE recorded a combined oil and gas production of 1.04 million barrels of oil equivalent per day (MMBOEPD), consisting of 559 thousand barrels of oil per day and 2,800 million standard cubic feet of gas per day (MMSCFD).

In terms of exploration and development, Pertamina has completed the drilling of five exploration wells and 341 development wells, as well as 523 workovers and over 15,000 well service operations.

The company has also secured several new strategic assets this year, including new discoveries with a total 2C resource potential of 767 MMBOE and an increase of 40.9 MMBOE in proven reserves (P1). This includes successful drilling at EPN-002 in West Java and 3D seismic acquisitions in onshore Sumatra.

Pertamina emphasized that all these efforts align with its commitment to the national net-zero emission target by 2060 and the company’s broader ESG (Environmental, Social & Governance) agenda.