Indonesia plans to produce one million barrels of crude oil per day by 2030

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In its 2026 state revenue and expenditure budget, Indonesia willDaily crude oil and natural gas extraction targetsset to610,000 barrels, up from the 605,000 bpd extraction target set in the 2025 budget. The government also proposedLong-term planningThe plan is to gradually increase extraction over the next few years toOne million barrels per day by 2030The goal of theDeputy Minister of Energy and Mineral ResourcesNoting that, to reach this long-term goal, IndonesiaAn average of 100,000 additional barrels per day of extraction per year is requiredHowever, achieving that goal will not be easy and will require overcoming a number of challenges.

He held a Bogor CountyBusiness Support Coordination Meeting of the Special Regulatory Body for Upstream Oil and Gas Operations in IndonesiaOn the occasion, he said the government is working to promote a gradual increase in oil and gas extraction to ensure that the 2030 target is successfully met. To boost oil and gas production, he emphasizedAll oil and gas exploration activitiesas well asCapacity optimization work on existing wellsAll are required to be in contact with theSpecial Regulatory Agency for Upstream Oil and Gas Operations in Indonesia(c) Collaborative promotion. In particular, in response to the various problems that arise in the actual mining process, the relevant departments need toEnhanced collaborationIn addition, it guarantees that the work will achieve the desired results.

In addition, the Government actively promotesCapacity Optimization Efforts for Civilian Wells. He revealed the basisRegulations of the Ministry of Energy and Mineral ResourcesThe Government, in conjunction with local governments, has completed about45,000 civilian oil wellsThe mapping and registration of the The regulation specifies theLegalization of private wellsof the relevant mechanisms, the operation of private wells is mainly categorized intoworkers' or agricultural producers' cooperative etcrespond in singingLocal state-owned enterprisesTwo modes are available through thestandardized managementUnlocking the capacity potential of private wells.

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