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Repsol Worldwide

Indonesia

Our operations in Indonesia focus on our Upstream and Lubricants businesses.
Indonesia map
The map shows the areas/basins in the country where Repsol has exploration and/or production/development activity

Upstream

We own mineral rights to five blocks: two 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.
  • 5
    exploration and production blocks
  • 12,480 km2
    of net surface area

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.


Major Upstream projects in the country

In the first half of 2017, the 50% stake we held in the Ogan Komering block in Indonesia was sold to Jadestone.

Corridor: 

This field was added to the company's portfolio of production assets in May 2015. We have a 36% non-operated stake in the block.

Most of the natural gas produced in the Corridor block is marketed under long-term contracts with PT Chevron Pacific Indonesia, Gas Supply Pte. Ltd. and PT Perusahaan Gas Negara. An agreement was also reached with COPI (ConocoPhillips Indonesia) in the first half of 2015 to extend the term of the contract for sales of gas from this block.


More information about our Upstream business in Indonesia

Lubricants

We produce and distribute lubricants in Indonesia through an agreement with PT Sukabumi Trading Co. a strategic local partner with whom we developed our first project in the world to locally manufacture lubricants. We have had a presence in this Asian country for over 15 years, exporting and distributing lubricants since 1996, with local production since 2006.
Information as of December 31st, 2017.