Top 20 Oil Producing Companies in Indonesia, First Semester 2024

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Adi Ahdiat 21/05/2025 12:38 WIB

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According to the Ministry of Energy and Mineral Resources (ESDM) report, PT Pertamina Hulu Rokan and ExxonMobil Cepu were the oil companies with the largest production capacity in Indonesia during the

Top 20 Oil Companies by Production Capacity in Indonesia (First Semester 2024)

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Top 20 Oil Companies by Production Capacity in Indonesia (First Semester 2024)

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According to data from the Ministry of Energy and Mineral Resources (ESDM), Indonesia's average crude oil and condensate production in the first half of 2024 reached 578,000 barrels per day (BOPD).

During this period, PT Pertamina Hulu Rokan (PHR) had the largest production capacity among oil companies.

PHR is a subsidiary of PT Pertamina (Persero) operating in the upstream oil and gas sector.

Since August 2021, PHR has managed the Rokan oil and gas block in Riau Province, covering a total working area of approximately 6,200 square kilometers, encompassing 80 active oil and gas fields, 11,300 wells, and 35 gathering stations.

"The Rokan working area produces a quarter of Indonesia's crude oil or one-third of Pertamina's production," stated PHR management on its website.

In the first half of 2024, PHR produced an average of 157,000 BOPD of crude oil and condensate, equivalent to 27% of national total production.

Besides PHR, several other subsidiaries of PT Pertamina (Persero) are among Indonesia's major oil producers, such as PT Pertamina EP and PT Pertamina Hulu Energi (PHE) in various regions.

ExxonMobil Cepu, a privately owned oil company, had the largest production capacity, ranking second nationally.

The US-based company produced an average of 143,000 BOPD of oil and condensate in the first half of 2024, equivalent to 25% of national total production.

Editor : Adi Ahdiat

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."