Not Reaching Target, SKK Migas Estimates Oil Lifting Until The End Of The Year Only 633,000 BOPD

Illustration (Photo: Doc. Antara)

JAKARTA - The government continues to make improvements to anticipate the fulfillment of domestic energy needs in the future.

One of them is by setting a target for oil production of 1 million barrels of oil per day (BOPD) and natural gas of 12 billion standard cubic feet per day (BSCFD).

However, the Special Task Force for Upstream Oil and Gas Activities (SKK Migas) estimates that this year's oil and gas lifting will not reach the target.

SKK Migas Deputy for Operations, Julius Wiratno, revealed that oil lifting until December 2022 only reached 633,000 barrels per day (BOPD).

Meanwhile, gas is estimated to reach 5,380 MMSCFD.

"For oil now, based on the work program that has been approved in 2022, it is only 633,000 BOPD and around 5,380 gas," he said at a press conference on the achievement and performance of upstream oil and gas in the first semester of 2022 in Jakarta, Friday, July 15.

Based on the target set in the APBN, oil lifting in 2022 is targeted at 703,000 BOPD and gas at 5,800 MMSCFD.

The oil and gas lifting this year is set at 1,739 million BOEPD.

The Head of SKK Migas Dwi Soetjipto reported that this was due to an unplanned shutdown and the delay in the completion of the national upstream oil and gas strategic projects, namely Jambaran-Tiung Biru and Tangguh Train 3 which had been included in the calculation in the preparation of lifting targets in the 2022 State Budget.

The massive development well drilling program carried out by KKKS outside EMCL has been able to show positive results by being able to withstand the rate of production decline and is currently in an increasing production phase.

"We also continue to strive to complete national upstream oil and gas projects, including national strategic projects in the upstream oil and gas sector. Until the first semester of 2022, 6 upstream oil and gas projects have been completed from the target of 12 projects this year. For upstream national strategic projects that will be onstream in 2022 is Jambaran-Tiung Biru (JTB). Therefore, the rest of 2022, there will be a trend of increasing national oil and gas production and lifting, "concluded Dwi.