JAKARTA - The Special Task Force for Upstream Oil and Gas Business Activities (SKK Migas) targets the investment value of upstream oil and gas in 2026 to reach 16 billion US dollars.
Head of SKK Migas Djoko Siswanto said, to achieve this target, his party, is targeting to explore and drill as many as 100 new wells.
"In the 2026 program and budget work (WP&B), at least a minimum of 100 exploration wells, then 100 MSF, and 100 wells in new structures or fields," said Djoko, Wednesday, December 3.
Djoko said, to pursue this target, his team had mapped and searched for points to drill 300 receipts.
On the other hand, the former Director General of Oil and Gas also said that his party is targeting oil lifting targets to be 6100.000 barrels per day (bpd) by 2026. This figure is much higher than the 2025 projection set at 605.000 bpd.
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Djoko further ensured that SKK Migas actively encourages the use of technology such as enhanced oil recovery (EOR), the management of old wells, idle wells, and community wells.
"The strategy and initiative, without the support of people who are engaged in the procurement of goods and services, both in the KKKS and SKK, will not happen," said Djoko.
Djoko also did not deny that in its implementation, KKKS is often faced with various obstacles such as the licensing process which has not been smooth, the difficult-to-predict supply chain, the readiness of national vendors to be more competitive, to fulfill the level of domestic components (TKDN).
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