Country Report

Indonesia upstream summary

Get this report

$9,450

You can pay by card or invoice

Contact us

Submit your details to receive further information about this report.

For details on how your data is used and stored, see our Privacy Notice.
 

- FAQ's about online orders
- Find out more about subscriptions

25 January 2018

Indonesia upstream summary

Report summary

Indonesia's recent hydrocarbon industry is marked by declining oil production, and rising gas output. Exploration in Indonesia has underperformed over the last decade, and a lack of major success has contributed to a dearth of significant development projects on the horizon beyond those already under construction. Exploration and development activity has been negatively impacted by regulatory and fiscal uncertainty, with the 2012 dissolution of BPMIGAS and recent series of negative regulations affecting investor confidence. Indonesia's growing economy is driving higher domestic demand for energy, but the country must increasingly rely on the development of smaller and more challenging fields to meet its requirements. The Indonesian government plans to launch a reform of the oil and gas law in 2016, in hopes of increasing exploration activity and reversing the production decline.

Table of contents

  • Executive summary
  • Key facts
  • Location maps
  • Key companies
    • Introduction
      • Tectonic Setting
      • Sedimentary Basin Development
      • Western Indonesia
      • Eastern Indonesia
    • Licensing
    • 2001-2010
    • 2010 - 2013
    • Recent licensing activity
    • 2014
    • 2015
    • 2016
    • Unconventional licensing
      • CBM
      • Shale
    • TAC and KSO contracts
    • Drilling
      • Drilling activity
      • Exploration incentives
      • Success rates
  • Reserves and resources
    • Liquids
    • Gas
    • Oil infrastructure
    • Refining
    • Sumatra
      • Pangkalan Brandan refinery
      • Dumai refinery
      • Sungai Pakning refinery
      • Musi refinery - Plaju / Sungai Gerong
    • Java
      • Balongan refinery
      • Cilacap refinery
      • Cepu refinery
      • TWU (Bojonegoro) refinery
      • Tuban - TPPI refinery
    • Kalimantan
      • Santan Oil terminal
      • Senipah Oil terminal
      • Balikpapan refinery
    • Natuna Sea
    • West Papua
    • Gas infrastructure
    • LNG - liquefaction
    • LNG - regasification
    • Sumatra
      • South Sumatra-West Java project
    • Java
      • West Java
      • East Java
      • East Kalimantan - Java pipeline
    • Kalimantan
    • Natuna Sea
    • Sulawesi
    • West Papua
    • Introduction
    • Capital costs
      • Capital expenditure by location
    • Key legislation
    • Regulatory body
    • State oil company
    • State participation
    • Licensing
    • PSC expiry
    • Decommissioning
    • Overview
    • Current fiscal terms
    • Basis
    • Government equity participation
    • Indirect taxes
    • Royalty
    • PSC production sharing
    • PSC cost recovery
    • PSC profit sharing
    • Domestic market obligation (DMO)
    • Corporate income tax
      • Ring fencing
      • Base
      • Rate
    • Fiscal treatment of decommissioning costs
    • Product pricing
    • Sample cash flow
    • Active legacy terms
    • 1. Production sharing contracts
    • First tranche petroleum (royalty)
    • PSC production sharing
    • PSC cost recovery
    • Investment credit
    • PSC profit sharing
      • Specific profit sharing terms
    • Additional petroleum taxes
      • Domestic market obligation (DMO)
    • Corporate income tax
      • Ring fencing
      • Base
      • Rate
      • Payment schedule
    • Fiscal treatment of decommissioning costs
    • 2. Joint operating agreements (JOA)
    • 3. Technical assistance contracts (TAC)
    • 4. Enhanced Oil Recovery Contracts (EOR)
    • 5. Operation Cooperation Contracts (KSO)
      • Production sub-type
      • Exploration sub-type
    • Sample Cash Flow
    • Historical background
    • Pre-1980
      • Contracts of work
      • Production sharing contracts
      • PSC changes in the 1970s
    • 1980s
      • PSC changes in the 1980s
      • Tax changes in the 1980s
    • 1990s
      • PSC changes in the 1990s
      • Tax changes in the 1990s
    • 2000s
      • PSC changes in the 2000s
      • Tax changes in the 2000s
    • 2010s
      • PSC changes in 2010s
      • Tax changes in 2010s

Tables and charts

This report includes 56 images and tables including:

  • Liquids Production by Sector 2001-2025
  • Gas Production by Sector 2001-2025
  • Key facts: Table 1
  • Country Map
  • Remaining Commercial and Technical Reserves at 01/01/2019
  • Liquids and Gas Production 2016
  • Reserves and resources: Table 1
  • Remaining Commercial Liquid Reserves by Sector at 01/01/2015 (p+p)
  • Remaining Commercial Gas Reserves by Sector at 01/01/2015 (p+p)
  • Reserves and resources: Table 2
  • Blocks Awarded
  • Active Blocks by Region
  • Production: Table 1
  • Production: Table 2
  • Liquids Production by Sector 2001-2025
  • Production: Table 3
  • Production: Table 4
  • Production: Table 5
  • Production: Table 6
  • Gas Production by Sector 2001-2025
  • Production: Table 7
  • Production: Table 8
  • Infrastructure: Table 1
  • East Kalimantan Gas Infrastructure Map
  • Fiscal terms
  • Fiscal terms: Table 2
  • Fiscal terms: Table 3
  • Summary of modelled terms
  • Fiscal terms: Table 5
  • Fiscal terms: Table 6
  • Fiscal terms: Table 7
  • Fiscal terms: Table 8
  • Fiscal terms: Table 9
  • Fiscal terms: Table 10
  • Fiscal terms: Table 11
  • Fiscal terms: Table 12
  • Fiscal terms: Table 13
  • Fiscal terms: Table 17
  • Fiscal terms: Table 18
  • Sedimentary basins of Indonesia
  • Exploration drilling 1991 - 2014
  • Technical and Commercial Success Rates
  • Sumatra Oil Infrastructure Map
  • Java Oil Infrastructure Map
  • East Kalimantan Oil Infrastructure Map
  • Sumatra Gas Infrastructure Map
  • West Java Gas Infrastructure Map
  • East Java Gas Infrastructure Map
  • Costs: Table 1
  • Costs: Table 2
  • Fiscal terms: Table 14
  • Fiscal terms: Table 15
  • Fiscal terms: Table 16
  • Fiscal terms: Table 19
  • Fiscal terms: Table 20
  • Fiscal terms: Table 21

What's included

This report contains:

  • Document

    Country Overview

    PDF 6.28 MB

  • Document

    Country Overview

    XLS 912.00 KB

  • Document

    Country Overview

    ZIP 6.24 MB

  • Document

    Executive summary

    PDF 702.38 KB

  • Document

    Key facts

    PDF 684.87 KB

  • Document

    Location maps

    PDF 1.45 MB

  • Document

    Key companies

    PDF 723.58 KB

  • Document

    Geology

    PDF 1.51 MB

  • Document

    Exploration

    PDF 757.48 KB

  • Document

    Reserves and resources

    PDF 751.35 KB

  • Document

    Production

    PDF 761.99 KB

  • Document

    Infrastructure

    PDF 4.31 MB

  • Document

    Costs

    PDF 706.71 KB

  • Document

    Policy and regulation

    PDF 717.39 KB

  • Document

    Fiscal terms

    PDF 855.78 KB

Trusted by leading organisations