PHE Semester I 2025 Oil And Gas Production Reaches 1.04 Million Barrels Equivalent To Oil Per Day

PHE reported that throughout the first semester of 2025, oil and gas production was recorded at 1.04 million barrels. (Doc. Pertamina)

PT Pertamina Hulu Energi (PHE) reported that throughout the first semester of 2025, oil and gas production was recorded at 1.04 million barrels of oil equivalent per day (MBOEPD), consisting of oil production of 557 thousand barrels per day (MBOPD) and gas production of 2,798 million standard cubic feet per day (MMSCFD).

PHE President Director, Awang Lazuardi said, until now PHE recorded the completion of drilling as many as 404 development wells, with 628 workover activities and 18,714 well services activities.

"In activities to find energy resources in order to maintain national energy security, PHE is also aggressive in carrying out exploration activities by recording a 3D Seismic survey of 539 km2 in the first semester of 2025," he said, quoted on Saturday, August 2.

He continued, PHE also managed to complete drilling 8 exploration wells. From exploration drilling activities carried out until the first semester of 2025, PHE received additional 2C (contingent resources) resources with the realization of 2C Validation of 804 million barrels of oil equivalent (MMBOE).

In addition, PHE recorded an additional oil and gas reserves as evidenced by (P1) oil and gas of 63 million barrels of oil equivalent (MMBOE).

The success of drilling wells on the onshore of West Java (EPN-002) and the acquisition of 3D seismic in several onshore work areas of Sumatra, are important notes for PHE's performance, including the signing of the Melati Work Area Result Sharing Contract (WK) and WK Binaiya which are the results of the auction for the Phase I and II Working Areas in 2024.

PHE continues to explore potential from various aspects to achieve the targets that have been determined, including through the first EOR Steamfood injection at the North Duri Development (NDD) Area-14, Simple Survey Flood (SSF) Stage-1 Project at Balam South-Zona Rokan Field, CO2 interwell injection at Sukowati Field, and Put on Production and Exploration (POPE) of Astrea, Pinang East and Akasia Prima wells.

In addition, PHE massively evaluates new venture opportunities by sharpening opportunities for the initiation of new exploration potentials, such as geological hydrogen and Carbon Capture Storage (CCS). PHE plans to develop two CCS Hubs and several satellites with storage capacities of up to 7.3 Giga Tons and a target for reducing emissions of 68% from the energy sector by 2060.