SKK Migas identifies 10 new oil and gas areas to have huge potential

By Thomas Sembiring

Upstream oil and gas authority SKK Migas has identified ten new oil and gas areas to have huge potential reserves, which will become the focus of future development as part of efforts to increase the country’s oil and gas reserves.

SKK Migas Chairman Dwi Soetjipto said on Thursday that the ten oil and gas areas with potential huge reserves are North Sumatera (Mesozoic Play), Central Sumatera (Basin Center Play), South Sumatra (Fractured Basement Plat), Tarakan Offshore (Miocene Greater Deltaic Sandstone Play), Makassar Strait (Pre-Tertiary Play), Kutai Offshore (Deltaic Deepwater Play), Buton Offshore (Miocene Build-Up Carbonate Play), Northern Papua (Plio-Pleistocene & Miocene Sandstone Play), Bird’s Body (Jurassic Sandstone Play), and Warim (Jurassic Sandstone Play).

“We’ll focus on these to quite potential areas,” he told reporters, adding that the SKK Migas will offer these new areas to investors for further exploration, hoping that the potential production volume can be obtained within the next two years.

Editing by Reiner Simanjuntak