#Lifting
Government to auction 75 oil and gas blocks by 2027 to boost exploration
The Upstream Oil and Gas Regulatory Task Force (SKK Migas) says the government has plan to auction 75 oil and gas working areas over the next two years as part of the efforts to strengthen upstream exploration and secure future energy supplies.
SKK Migas reports 999 Million Barrels of Oil Equivalent discovery
Indonesia’s upstream oil and gas sector has recorded a major breakthrough with the discovery of 999 million barrels of oil equivalent (MMBOE), according to the The Upstream Oil and Gas Regulatory Task Force (SKK Migas).
Oil & Gas firm chiefs reaffirm commitment to 2025 production targets at CEO Forum
Chief executive officers from Indonesia’s upstream oil and gas contractors (KKKS) reaffirmed their commitment to achieving national production targets for 2025 during the CEO Forum Hulu Migas in Jakarta on Wednesday, July 30, 2025.
Indonesia’s oil lifting inches up in H1 2025
The upstream oil and gas sector continues to show positive momentum in 2025, although key production metrics remain below government targets.
Upstream oil & gas investment hits US$7.19 B in H1 2025, highest in a decade
The upstream oil and gas posted a significant investment rebound in the first half of 2025, with realized investments reaching US$7.19 billion, up 28.6 percent year-on-year from US$5.59 billion in the same period of2024, according to the Upstream Oil and Gas Regulatory Task Force (SKK Migas).
Oil & gas sector sees surge in development drilling amid energy security push
The upstream oil and gas industry continues to demonstrate strong momentum, with the number of development wells drilled reaching 337 by May 2025, a 20-percent increase compared to the same period last year, according to the Upstream Oil and Gas Regulatory Task Force (SKK Migas).
SKK Migas, contractors committed to reviving idle wells, boosting oil output
The upstream oil and gas regulatory task force (SKK Migas), together with oil and gas contractors (KKKS), have reaffirmed their commitment to supporting the government’s vision of achieving national energy self-sufficiency as can be seen in a new initiative to reassess and rehabilitate community-managed oil wells and optimize the utilization of aging or idle wells across the archipelago.
Govt legalizes community oil wells under new rule to boost output, safety
The Ministry of Energy and Mineral Resources (ESDM) has issued a new regulation to legalize and regulate community-run oil wells − previously categorized as illegal − as part of the government’s broader strategy to boost national oil production and enhance environmental and operational safety standards.
SKK Migas expects output boost from Cepu Block to supplant oil lifting deficiency
The Upstream Oil and Gas Regulatory Task Force (SKK Migas), reported an average national crude oil lifting of 567,900 barrels of oil per day (bopd) as of May 31, 2025, approximately 94 percent of the state budget (APBN) target of 605,000 bopd.
Oil production on the rise, surpassing 2024 Output: SKK Migas
The national oil and gas sector has shown signs of recovery as oil production begins to climb steadily, surpassing last year’s levels, with the Upstream Oil and Gas Regulatory Task Force (SKK Migas) revealing that national crude oil output was recorded at 583,275 barrels of oil per day (BOPD) in June, up from 580,405 BOPD in May and exceeding the full-year 2024 average of 580,142 BOPD.
MedcoEnergi commences first oil lifting from Forel Field in South Natuna Sea
Energy company PT Medco Energi Internasional (MedcoEnergi) has announced the commencement of first oil lifting from the Forel oil and gas field located in the South Natuna Sea Block B, Riau Islands Province, marking a new milestone in Indonesia's upstream energy sector.
ESDM ministry sticks to 1-million BOPD target by 2030 despite challenges
The Ministry of Energy and Mineral Resources (ESDM) has reaffirmed its commitment to achieving the national oil production target of 1 million barrels of oil per day (BOPD) by 2030, despite mounting doubts about the target feasibility.