Genjot Exploration, SKK Migas Target Bor 57 Sumur In 2023

Secretary of SKK Migas Shinta Damayanti. (Photo: Maria Trisnawati/VOI)

JAKARTA - The government through the Special Task Force for Upstream Oil and Gas Business Activities (SKK Migas) continues to increase exploration activities in 2023 in order to increase Indonesia's oil and gas reserves.

SKK Migas Secretary Shinta Damayanti said, in 2022, tax exploitation well drilling will be carried out as many as 30 wells, an increase of 7 percent compared to 2021.

"Meanwhile, for 2023, 57 exploitation wells are planned to be drilled," Shinta said in a media discussion at the SKK Migas Office quoted on Wednesday, February 15.

Meanwhile, in terms of exploration investment, Shinta said that her party is targeting investment in 2023 of US$1.7 billion, an increase of 112 percent from 2022, which was realized at US$0.8 billion.

Shinta added that exploration investment in 2022 had recovered due to the pandemic and was even recorded as the highest in the last 5 years.

Regarding the exploration investment target in 2023, Shinta detailed that drilling 4 deep water wells worth US$ 321 million was carried out in 1 well in the Kytai area and 3 wells in the Andaman area.

"This sinking is after the successful drilling of the Timpan I well which became the opener in the Andaman area," added Shinta.

In addition, there is 1 opener play well in the Mahakam Working Area (WK) worth 68 million US dollars.

Regarding development wells, he continued, drilling development wells from 2021 to 2022 has always doubled compared to the previous year.

"From 2020-2021-2022, the realization continues to increase and in 2023 it is quite exponential. Of course, we hope that the following year will be seen with disclosures in various places, of course, it will make the risks of some of these findings go down and will be followed up with further drilling," explained Shinta.