Have 128 Basin, Potential Indonesian Oil And Gas Still Promises

Director General of Oil and Gas at the Ministry of Energy and Mineral Resources, Tutuka Ariadji. (Photo: Doc. Antara)

JAKARTA - Director General of Oil and Gas at the Ministry of Energy and Mineral Resources, Tutuka Ariadji, revealed that Indonesia's oil and gas potential, especially gas, is still attractive. Of the 128 basins owned by Indonesia, 68 of them have not been drilled.

Currently, there are 172 oil and gas working areas (WK) where 98 are WK production and 74 WK exploration, 30,000 wells and 832 fields/structure.

"These figures are expected to motivate investors to find more Indonesian oil and gas reserves. There are still many oil and gas basins that have not been explored," he told the media, Thursday, December 8.

Several promising oil and gas projects, he continued, include Andaman I, II and III, Indonesia Deepwater Development (IDD), Jambaran Tiung Biru (JTB), Agung I and II, Masela and Tangguh.

WK Andaman II, continued Tutuka, based on the results of well drilling, has a large reserve. Based on testing, the well flows 27 million cubic feet per day (MMSCFD). Meanwhile, Jambaran Tiung Biru, estimated that by the end of this year its production will reach 100 percent and support gas supply for the East Java region.

Director General of Oil and Gas also expressed optimism about the potential for oil and gas in WK Agung I and II. It is hoped that in the next 5-10 years, gas production can be supplied to Java Island.

In addition, the Government expects a lot of oil and gas production from the Tangguh Block. "We are trying to use this resource as optimally as possible to meet increasing domestic demand," said Tutuka.