Exceeding The 2025 Target, September Oil Lifting Reaches 619,000 BPD

JAKARTA - Minister of Energy and Mineral Resources (ESDM) Bahlil Lahadalia said that the national oil lifting for the September period had reached around 619,000 barrels per day (BPD).

"The September-October month can reach up to 619,000 BOPDs. But the cumulative figure from January to October 5 yesterday has reached an average of 605,000-607,000 BOPDs," said Bahlil, Tuesday, October 14.

With this achievement, Bahlil admitted that the Indonesian oil lifting pede will achieve the target listed in the 2025 State Budget of 605,000 BOPD.

"Our limiting is the APBN target of 605,000 BOPD, the realization of 2024 580,000 BOPD. This means that the 2025 APBN target, God willing, will be achieved, even more than the lifting target," Bahlil added.

Previously, the General Chairperson of the Golkar Party said that Indonesia has a national oil and gas lifting target of one million barrels per day by 2030. To achieve this target,

innovative steps beyond custom are needed so that the target is truly met.

"We from the Ministry of Energy and Mineral Resources are forced to do things that are out of the way. Because if things are normal, it feels like our lifting will be like that," said Bahlil, quoted on Friday, May 23.

To boost oil and gas lifting, the Ministry of Energy and Mineral Resources established three main strategic pillars. First, optimization of production with the application of cutting-edge technology, including the Enhanced Oil Recovery (EOR) method and the transition of vertical drilling techniques to the horizontal. This breakthrough has proven to be able to increase the acquisition of oil from existing reserves.

Second, the reactivation of oil and gas wells that have been idle (inactive) for a long time to maximize field production which has been underdeveloped. Third, intensive exploration of oil and gas basins that have not been worked on. Of the 128 basins throughout Indonesia, 68 of them still have great potential that has not been utilized.

In order to accelerate exploration activities, Bahlil announced plans to auction 60 new oil and gas areas (WK) until 2028. This tender is expected to open new investment doors while strengthening national energy reserves.

"We will tender it within the next 2-3 years. At the direction of the President, we ask for directions if we can do it quickly, we will do it," said Bahlil.