Lowest Exploration Well Drilling Realization in 2018

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11/01/2019 15:14 WIB

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Oil and gas exploration well drilling in 2018 reached its lowest level compared to previous years.

Exploration Well Drilling Realization 2011-2019

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Lowest Exploration Well Drilling Realization in 2018

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Exploration Well Drilling Realization 2011-2019

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Oil and gas exploration well drilling in 2018 reached its lowest level compared to previous years. Last year, only 21 wells were drilled.

The Head of the Special Task Force for Upstream Oil and Gas Business Activities (SKK Migas), in a presentation at a hearing with Commission VII of the DPR in Jakarta yesterday, stated that exploration well drilling fell to its lowest level due to preparation constraints. Furthermore, not all targets were successfully realized. The target for well drilling in 2019 is 57 wells.

In addition, the target for two-dimensional (2D) seismic surveys in exploration blocks was 4,328 km, with only 387 km realized last year. The target for three-dimensional (3D) seismic surveys in exploration blocks was 4,693 km².

"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."