Key insights and market outlook
SKK Migas is targeting a production increase to 1,500 barrels of oil per day (BOPD) at the West Kampar block through a drilling program involving seven new wells in 2024. Current production stands at 1,250 BOPD, showing significant progress toward the target. The initiative is part of efforts to boost national oil production through strategic drilling and operational enhancements.
The Special Task Force for Upstream Oil and Gas Business Activities (SKK Migas) is aiming to increase oil production at the West Kampar working area to 1,500 barrels of oil per day (BOPD). The production enhancement is driven by a comprehensive drilling program that includes seven new wells planned for 2024. Currently, production has already reached 1,250 BOPD, demonstrating positive progress toward the target.
According to Djoko Siswanto, Head of SKK Migas, the ongoing drilling activities are showing promising results. The strategic initiative is part of broader efforts to maximize Indonesia's oil production through targeted exploration and operational improvements. The success at West Kampar could potentially lead to further investment and development in the region's oil and gas sector.
Production Target Increase
New Drilling Program Initiation