Indonesia Crude Oil Production - TRADING ECONOMICS
Crude Oil Production in Indonesia averaged 1204.27 BBL/D/1K from 1973 until 2024, reaching an all time high of 1720.00 BBL/D/1K in December of 1977 and a record low of 0.00 BBL/D/1K in November of 2021. source: U.S. Energy Information Administration.
Indonesia - Countries & Regions - IEA - International Energy Agency
Domestic crude oil production. Crude oil is pumped from wells on land or on offshore platforms and transported by pipelines or tanker ships to refineries where it can be turned into useful oil products, mainly fuels and industrial chemicals.
Pertamina Contributes to 69% of Crude Oil Production in Indonesia
Pertamina has become Indonesia’s largest crude oil producer. By the end of 2023, through its upstream sub-holding PT Pertamina Hulu Energi, it achieved a production level of up to 415 thousand barrels of oil per day (BOPD), accounting for 68% of the national crude oil production.
Indonesia Crude Oil Price - CEIC Data
Discover data on Crude Oil Price in Indonesia. Explore expert forecasts and historical data on economic indicators across 195+ countries.
Indonesia's 2022 oil lifting miss target, hopes stalled projects to ...
Jan 18, 2023 · Indonesia's upstream production in 2022 came below target amid unplanned shutdowns and due to maturing blocks. Crude oil lifting stood at 612,300 bpd last year and gas lifting at 5,347...
Crude Oil Indonesia - Production & Consumption - Analysis
Crude Oil in Indonesia. Indonesia's Declining Oil Production and Rising Oil Consumption. For Indonesia, the oil industry has been an important one. In the period 1974–1981 the country’s economy grew at a high and sustained average annual rate.
Sep 24, 2021 · Indonesia’s total crude oil production has declined from a peak of 1.7 million b/d in 1991 to 887,000 b/d in 2020, which coupled with an increase in domestic petroleum consumption, resulted in Indonesia becoming a net importer of oil beginning in 2014.
Overview - U.S. Energy Information Administration (EIA)
Sep 24, 2021 · Indonesia produced an average of 667,000 b/d of crude oil and condensates during the first five months of 2021, signaling that the country could fall short of its goal. SKK Migas plans include drilling 1,000 development wells per year by 2025.
Indonesia plans reforms to boost oil and gas output and reactive …
2 days ago · The new policy is aimed at boosting Indonesia’s energy security, after a decline in hydrocarbon production. Indonesia’s crude oil and NGL output has fallen by 33% since 2010, reaching 740 kb/d in 2023, while its gas output fell by 21% during the …
Indonesia Offers Five Oil and Gas Blocks in First Auction for 2024
May 14, 2024 · Indonesia has crude oil reserves estimated at some 2.27 billion barrels as of 2022 and natural gas reserves of 36.34 trillion cubic feet as of the same year. The latest major discovery in...