The declining national oil and gas production rate is a huge concern. As of 2018, the daily national production average is 775,000 barrels of oil per day (BOPD). It doesn’t help the situation that the production of the Mahakam Block and the Rokan Block had gone down ever since their management rights were transferred to PT Pertamina. Fortunately, the Cepu Block, which is being managed by ExxonMobil, has seen an increase in production.
To subscribe please click here