Indonesia

In 2017, our presence
in Indonesia was focused
on our Upstream and
Lubricants businesses

Upstream in Indonesia

  • Exploration
  • Production / development
Repsol in Indonesia

Upstream

As of December 31st, 2017, we owned mineral rights in Indonesia to eight blocks: five exploration blocks with a net surface area of 11,469 km2 and three production/development blocks with a net surface area of 1,011 km2.

Net production in 2017 amounted to 0.6 mbbl of liquids and 80.3 bscf of natural gas, with a total equivalent net production of 14.9 mboe (40,881 boe/d), largely from the significant production asset of Corridor. The proven reserves of liquids and natural gas at the end of the year were estimated at 81.6 mboe.

Milestones

  • In the first half of 2017, the sale of the 50% stake that Repsol held in the Ogan Komering block in Indonesia to Jadestone was completed.

Lubricants

We produce and distribute lubricants in Indonesia through an agreement with PT Sukabumi Trading Co. With this strategic local partner, we developed our first project in the world to manufacture lubricants locally.

Upstream


Net surface area
of mineral rights

12,480

km2

Net
Production

40,881

barrels of
oil equivalent
per day

Net proved
reserves

81.6

million
barrels
of oil
equivalent

Information on net production, net proved reserves, and mineral rights
as of December 31st, 2017