Business · Energy & Commodities · 56 mins ago

Pertamina Finds 10 Oil and Gas Wells, Adding 333 Million Barrels of Resources

Pertamina Finds 10 Oil and Gas Wells, Adding 333 Million Barrels of Resources

Pertamina Hulu Energi reported 10 oil and gas discoveries in several parts of Indonesia by the end of September 2026.

The discoveries add 333 million barrels of oil-equivalent in contingent resources, which are not the same as confirmed reserves.

The total includes 206 million barrels of oil and 733 billion cubic feet of gas.

The discoveries are in Sumatra, Java, East Kalimantan and offshore Natuna.

Exploration matters because Indonesia wants to sustain domestic oil and gas production and reduce reliance on imports.

Pertamina's upstream business produced 945,000 barrels of oil-equivalent per day through September, supplying 64% of national oil output and 34% of gas output.

The company says it is continuing exploration and pursuing new work-area acquisitions in Indonesia and Malaysia.

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What people are saying

Asep Samsul ArifinPHE Exploration Director
Exploration is the main key to ensuring the sustainability of domestic oil and gas production in the future, so that Indonesia can continue to reduce its dependence on imports and achieve national energy independence.
via Detik
With strengthened human resource capabilities, faster evaluation processes, and strategic collaboration with global partners, we are optimistic that we can turn exploration potential into long-term added value for Indonesia's energy security.
via Detik