In 2017, our presence
in Indonesia was focused
on our Upstream and
- Production / development
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.
- 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.
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.
Net surface area
of mineral rights
Information on net production, net proved reserves, and mineral rights
as of December 31st, 2017