As of August 2025, upstream oil and gasoline funding reached IDR 148.6 trillion
Jakarta –
The Particular Work Unit for the Implementation of Upstream Oil and Gasoline Enterprise Actions (SKK Migas) revealed that till August 2025 funding within the upstream of oil and gasoline (oil and gasoline) of the Republic of Indonesia penetrated round US $ 8.9 billion or equal to Rp 148.6 trillion (alternate price of Rp 16.699). The goal this 12 months is about at US $ 16.5 billion to US $ 16.9 billion.
“Till August it has reached round US $ 8.9 billion. That’s for whole funding in upstream oil and gasoline actions, each capex, OPEX, exploration and manufacturing,” he mentioned throughout a listening to with the Home of Representatives Fee XII, Tuesday (9/23/2025).
Particularly for exploration, Djoko mentioned the conclusion till August 2025 solely reached US $ 500 million or equal to Rp 8.35 trillion from the goal of US $ 1.5 billion or Rp 25.05 trillion.
Scroll to Proceed with Content material
Based mostly on Djoko’s presentation within the DPR, exploration funding has continued to extend over the previous 5 years. In 2019, exploration funding solely reached US $ 600 million and in 2024 had reached US $ 1.3 billion.
“Particularly for exploration in 2024, US $ 1.3 billion, in 2025 is deliberate to be US $ 1.5 billion and the conclusion till August is simply US $ 500 million,” he mentioned.
In the meantime, Djoko mentioned that till August 2025 there have been solely 18 effectively exploration drilling actions from 46 wells focused this 12 months. As for the top of the 12 months, it’s estimated that solely 43 wells are reached.
Djoko mentioned that from this exploration exercise, as many as 20 buildings had obtained approval from the Exploration Standing (PSE) with the invention of oil and gasoline assets round 999 million barrels of oil equal (BOE). This determine is projected to extend to 1,154 million Boe in December 2025.
“From these findings as much as August the determine is 919, however later till December it’s estimated to achieve 1,154 million barrel oil equal,” he mentioned.
Additionally watch the video “Pertamina totally assist improvement within the tambourine space from the oil and gasoline sector” right here:
(kil/kil)
Hyperlink: https://finance.detik.com/energi/d-8127947/hingga-agustus-2025-investasi-hulu-migas-capai-rp-148-6-triliun