Key insights and market outlook
Indonesia's total oil and condensate reserves reached 4.4 billion barrels as of January 1, 2025, according to the Ministry of Energy and Mineral Resources. The reserves are categorized into proven reserves of 2.3 billion barrels, probable reserves of 1.06 billion barrels, and potential reserves of 1.033 billion barrels. These reserves are distributed across 11 regions in Indonesia, with the largest reserves found in Central Sumatra at 1.32 billion barrels.
The Ministry of Energy and Mineral Resources (ESDM) has announced that Indonesia's total oil and condensate reserves stood at 4.4 billion barrels as of January 1, 2025. This figure is derived from various categories of reserves including proven reserves, probable reserves, and potential reserves. The breakdown shows 2.3 billion barrels classified as proven reserves, 1.06 billion barrels as probable reserves, and 1.033 billion barrels as potential reserves.
The oil reserves are spread across 11 regions in Indonesia. The largest concentration is found in Central Sumatra with 1.32 billion barrels. Other significant reserves are located in South Sumatra with 459.9 million barrels and North Sumatra with 1.73 million barrels. Aceh contributes 19.52 million barrels to the total reserves.
These updated reserve figures provide insight into Indonesia's current energy standing and future exploration potential. The distribution of reserves across various regions highlights the need for continued investment in infrastructure and exploration activities to maximize the utilization of these resources.
Oil Reserves Update
Energy Resources Announcement