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Country summary: Indonesia

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Indonesia - recent news

27 Feb 23
UK: UKOG provides update on Horse Hill water reinjection
UK Oil & Gas PLC (UKOG) has announced that, as a necessary precursor to its planned Horse Hill-2z ('HH-2z') Portland formation water reinjection project, the Company has now installed three, shallow, groundwater monitoring boreholes at its 85.635% owned producing oil field.
30 Jan 23
Indonesia: Texcal to drill BA-01 exploration well in the Mahato PSC, Indonesia
JV partner Cue Energy has announced that Texcal, the operator of the Mahato PSC in Indonesia, is planning to drill the BA-01 exploration well. The primary target is the Miocene-age Telisa Formation sandstone reservoir at a depth of 900ft. A secondary target is the Menggala Formation, expected at approx. 2500ft. Both targets are producing reservoirs in the Central Sumatra Basin.
09 Jan 23
Indonesia: Conrad Asia Energy signs PSCs for Offshore North West Aceh and Offshore South West Aceh
Conrad Asia Energy has signed Production Sharing Contracts ('PSCs') for the Offshore North West Aceh ('Meulaboh') and Offshore South West Aceh ('Singkil') PSCs located offshore northwest and southwest of the Aceh Province of Indonesia.
02 Jan 23
Indonesia approves $3 billion development plan for the Tuna offshore gas field
Indonesia has approved the first plan of development for the Harbour Energy-operated Tuna offshore gas field with total estimated investment of $3.07 billion up to the start of production, upstream oil and gas regulator SKK Migas said on Monday
23 Dec 22
Indonesia: bp looks to further developments at Tangguh with PSC extension
The Government of Indonesia has granted a 20-year extension of the Tangguh PSC to bp, operator of the PSC, and its Tangguh PSC partners. Under the agreement, the Tangguh PSC, which consists of the Berau, Muturi and Wiriagar PSCs and was due to expire in 2035, will be extended to 2055.  

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