Indonesia upstream: our latest research notes from Jakarta Report

Insight 01 November 2023

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Report summary

We've just returned from our October 2023 research trip to Jakarta and came away with improved clarity on recent and upcoming activity. Eni is swiftly moving forward with development plans for its big new Kutei Basin discovery, Geng North. Having also recently acquired Chevron's IDD assets, it has quickly created a new core region. Harbour and Mubadala are hoping they can do the same in North Sumatra, with their exciting multi-well deepwater exploration campaign. We highlight the wells, the challenges and the opportunities. And on the fiscal front, we could soon see more changes on the way for the Gross Split PSC.

Executive Summary
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Tables and charts

This report includes 2 images and tables including:

Kutei basin production outlook: Eni development plans and implications for Bontang LNG supply
Map of North Sumatra acreage. Blocks are indicated by operator.