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    Pertamina expects 17% rise in 2022 output


The company expects to drill 813 development wells this year.

by: Shardul Sharma

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Complimentary, Natural Gas & LNG News, Asia/Oceania, Security of Supply, Corporate, Exploration & Production, News By Country, Indonesia

Pertamina expects 17% rise in 2022 output

Indonesia's state-owned energy company Pertamina expects oil and gas production of 1mn b/d of oil equivalent in 2022, up 17% year/year, it said on July 7.

Until the end of May, Pertamina's oil and gas production reached 0.96mn b/d of oil equivalent, up 8% from the same period last year. For the full year, the company expects to drill 813 development wells, an increase of 232% compared with last year, and 29 exploration wells, an increase of 242% yr/yr.


The National Gas Company of Trinidad and Tobago Limited (NGC) NGC’s HSSE strategy is reflective and supportive of the organisational vision to become a leader in the global energy business.


S&P 2023

Other efforts to optimise upstream performance in 2022 include carrying out reactivation of suspended wells, Pertamina said. It will also study the exploration potential of Manpatu-01, which is a gas discovery in Mahakam, and Sungai Gelam Timur-01 oil find in Jambi.