Fajar.co.id, Jakarta – Indonesia has proven to be an attractive region for oil and gas exploration activities. Even in frontier and high-risk areas.
Interest in conducting exploration activities in the deep sea, one of which is carried out by the Major International Oil & Gas Company (IOC). They emphasized that the potential for upstream oil and gas in Indonesia is still attractive to investors.
Head of SKK Migas, Dwi Soetjipto stated that since 2022 the Special Task Force for Upstream Oil and Gas Activities (SKK Migas) and the Cooperation Contract Contractor (KKKS) Harbor Energy have started to carry out deep sea drilling as well as a play opener in the Andaman area.
In 2023, it will be Major IOC Eni’s turn through Eni North Ganal Ltd to drill an exploratory well. Several other PSC Contractors have planned to drill exploratory wells in the deep sea.
“Major IOC has proven their seriousness in working on high risk exploration potential, of course this shows that our investment attractiveness is still promising,” said Dwi.
This is encouraging news, because currently there are many national upstream oil and gas potentials in the deep sea. This is one of the focuses of discovering oil and gas reserves in the future.
In line with SKK Migas efforts to boost exploration to support the 2030 target of providing oil and gas reserves, namely oil production of 1 million barrels per day (BOPD) and gas of 12 billion cubic feet per day (BSCFD).
This year, Harbor Energy will drill 2 exploratory wells as a continuation of last year’s discovery of gas at the Timpan structure.
