#SKK Migas
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).
Ex-SKK Migas chief backs special oil and gas enterprise proposal
Former Head of the Upstream Oil and Gas Regulatory Task Force (SKK Migas), Dwi Soetjipto, has voiced support for the establishment of a special state-owned enterprise (BUK) in the oil and gas sector, suggesting that it would strengthen Indonesia’s upstream oil and gas governance.
Government reaffirms natural gas as key pillar of energy transition
The government has maintained that natural gas is the primary source of energy transition in the country's energy strategy. Mirza Mahendra, Director of the Program Development Division at the Ministry of Energy and Mineral Resources (ESDM), said while representing Acting Director General of Oil and Gas, Tri Winarno, outlined the government’s focus on prioritizing gas use for domestic needs.
Govt optimistic of hitting year-end target as daily oil lifting reaches 608,000 barrels
The government is optimistic of achieving the year-end oil production target as Indonesia’s daily oil lifting has surpassed 608,000 barrels per day over the past two weeks, exceeding the government’s annual target of 605,000 barrels per day.
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.
Govt vows to maintain Tuna Block development timeline amid operator transition
The government is closely monitoring the development of the Tuna Block oil and gas project amid uncertainties following a shift in its operating partnership, affirming that the production schedule remains aligned with the approved Plan of Development (PoD).
SKK Migas records strong domestic content performance, surpassing 2025 targets
The Upstream Oil and Gas Regulatory Task Force (SKK Migas) has reported that local content (TKDN) achievements in government projects as of June 2025 have exceeded the initially set targets.
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.