SKK Migas: There are 74 Unexplored Oil and Gas Basins Exploration
By : Hariyanto And Aldo Bella Putra | Monday, April 16 2018 - 21:30 IWST

Ilustrasi Migas
INDUSTRY.co.id - Jakarta - The Special Unit for Upstream Oil and Gas Business Activities (SKK Migas) mentioned that there are about 74 oil and gas reserves that have the potential to contain oil content that has not been explored until now.
Secretary of SKK Migas Arief S Handoko revealed from 128 basins, as many as 74 basins until now still not done exploration for later use of oil and gas results.
"This is an opportunity for the upstream industry to run the exploration," said Arief in Jakarta, Monday (16/4/2018). "The opportunity is quite large because there are 74 basins (basins) not yet explored.
Therefore, SKK Migas is encouraging exploration activities in 74 basins with ease of licensing for interested business entities. Then when permits are obtained, land acquisition that has the potential to have oil and gas reserves must be guaranteed to run smoothly.
"The message of the Jokowi government is that licensing should be cut, all obstacles must be eliminated," he said.
Arief said the oil and gas productivity of Indonesia from year to year decreased. Now Indonesia can only produce 800 thousand barrels of crude oil per day. Whereas in 1974 and then, Indonesia is able to produce 1.7 million barrels of crude oil per day.
"We have a big gap, and in March 2018 we still have a gap where our production that once reached 1.7 million barrels per day approximately in 1974 and then down now only up to 800 thousand barrels. In terms of consumption, our consumption goes up," he said.
Read Also
The 7th Abu Dhabi Dialogue in Dubai: Commitment to Enhance Migrant…
Pertamina Hulu Rokan expounds on wetland innovations at COP28
Pertamina reaffirms its commitment to net zero emissions by 2060
President Jokowi Inaugurates Tangguh Train 3 Project in Teluk Bintuni…
MMA Offshore Automates Onboarding With Boomi
Today's Industry

Selasa, 11 Februari 2025 - 16:31 WIB
Cipta Perdana Lancar Ready to Expand and Diversify for Sustainable Growth
Since its establishment in 2007, PT Cipta Perdana Lancar Tbk (PART) has continued to transform into a major partner in the supply of spare parts for the automotive, sanitary, and electronics…

Rabu, 22 Januari 2025 - 12:53 WIB
MICE Activities at JCC Halted, PT GSP Continues Legal Process
PT Graha Sidang Pratama (PT GSP), the investor and manager of the Jakarta Convention Center (JCC), revealed that the company is currently unable to run Meeting, Incentive, Convention and Exhibition…

Sabtu, 14 September 2024 - 16:56 WIB
Essential Tips for Choosing Personal Health Insurance in the US
Choosing the right health insurance plan in the United States can be a complex task, especially with the variety of options available and the ever-changing landscape of healthcare policy. Here…

Sabtu, 14 September 2024 - 16:53 WIB
The Top 10 Insurance Companies in the US for 2024
In the ever-evolving landscape of insurance, selecting the right company can significantly impact your financial security and peace of mind.

Jumat, 13 September 2024 - 15:37 WIB
Why Airbnb Become Popular in 2024?
Airbnb fosters a more interactive experience between hosts and guests. Through direct messaging, guests can inquire about specific details, negotiate pricing, or clarify expectations, which…
News Comment