- Tutuka Ariadji, the Director-General of Oil and Gas at the Ministry of Energy and Mineral Resources, has issued a statement confirming that the government is currently preparing three plans that will specifically address the development of non-conventional oil and gas as a part of efforts aimed at achieving a production target of 1 million barrels of oil and 12 billion cubic feet of gas per day (BCFD) by the year 2030.
- These three plans break down as follows: 1) Revision of several ministerial regulations in order to allow existing working areas to engage in direct exploration or exploitation without the need to draw up any new contracts; 2) Implementation of non-conventional oil-and-gas studies across all active working areas in order to determine the potential levels of non-conventional oil and gas, which will in turn allow Cooperation Contract Contractors (KKKS) to immediately carry out production drilling; and 3) Enactment of a pilot project for non-conventional oil and gas production in potential working areas through the implementation of multi-stage, fractured horizontal technologies.
- As background information, the development of non-conventional oil and gas supplies in Indonesia has been at a subpar level to date and currently only 20 existing coal methane gas working areas remain from the original 54 contract areas that were signed during the 2008 to 2012 period. Meanwhile, only four existing non-conventional oil-and-gas contracts are currently in force from the six contracts that were originally signed during the 2013 to 2016 period. (ANT)
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