Executive Summary

Key insights and market outlook

Indonesia's oil production reached 606,020 barrels per day (BOPD) as of November 10, 2025, slightly exceeding the 2025 state budget target of 605,000 BOPD ¹

⁴. SKK Migas is optimistic about reaching 625,000 BOPD by December 2025. The success of new wells like Sidayu-5, expected to add 2,300 BOPD and 1 MMSCFD, is contributing to this optimism ³.

Full Analysis

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Deep Dive Analysis

Indonesia's Oil Production Shows Strong Growth

SKK Migas Optimistic About Year-End Targets

Indonesia's oil production has reached 606,020 barrels per day (BOPD) as of November 10, 2025, according to the Special Task Force for Upstream Oil and Gas Business Activities (SKK Migas) ¹

. This figure slightly exceeds the 2025 state budget target of 605,000 BOPD ⁴. The agency is optimistic that production can reach 625,000 BOPD by December 2025 ¹².

New Discoveries Boost Production Outlook

The success of new wells is contributing to the positive outlook. Notably, the Sidayu-5 well in East Java, operated by PGN Saka (a subsidiary of Pertamina), is expected to add 2,300 BOPD and 1 million standard cubic feet per day (MMSCFD) of gas ³

. This discovery is seen as a strategic step that not only strengthens Pertamina's oil and gas portfolio but also supports national energy security.

Implications for National Energy Targets

SKK Migas head Djoko Siswanto emphasized that maintaining the current production level through December is crucial. If achieved, the annual average production is expected to be around 606,000 to 607,000 BOPD, exceeding the APBN target ⁴

. This performance is significant for Indonesia's energy sector, particularly in supporting the government's lifting targets.

References