Kalimantan has highest oil and gas reserves in Indonesia

The Ministry of Energy and Mineral Resources (ESDM) has revealed that Indonesia currently has 4.4 billion barrels of oil and condensate reserves spread across the country, which cover several categories.

The Director General of the Ministry's Directorate General of Petroleum and Natural Gas (Dirjen Migas) said in a working session of the 12th Committee of the National Assembly that.The area with the largest reserves is Kalimantan Islandreach573.82 million standard barrels. Papua's reserves are109.45 million standard barrelsHe believes that this distribution of oil and gas reserves suggests that there is a need for a more efficient distribution of oil and gas reserves, either through the use of the oil market or through the use of the oil market. He argues that this distribution of oil and gas reserves suggests that either through theFurther exploration or optimization of existing field productionThese areas still haveDevelopment OpportunitiesThe

In addition to oil, IndonesiaNatural gas reserves of 55,850 billion cubic feet (BSCF).. Kalimantan is once again the area with the highest natural gas potential, with reserves of11587 BSCFThe second largest reservoir is Papua, with reserves of10258 BSCFThe

He noted that the significant natural gas reserves in these major areas indicate that theNatural gas remains one of the main pillars of Indonesia's future national energy supply. This shows that Indonesia has a strong interest in the development of oil and gas resources.Greater potential and prospectsIn addition, relevant initiatives can be taken to further explore the value of the resources and safeguard the country's energy supply.