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Repsol Worldwide Indonesia

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

Upstream

As of December 31st, 2016 we have mineral rights to eight blocks in Indonesia: five exploration blocks, with a net surface area of 15,391 km2, and three production and development blocks, with a net surface area of 1,589 km2.
  • 12
    exploration and production blocks
  • 24,428 km2
    of net surface area
Net production in 2016 amounted to 1.1 Mbbl of liquids and 94.2 bscf of natural gas, with a total equivalent net production of 17.9 Mboe (48,841 boepd), largely from Corridor, an important production asset. Net proved reserves of liquids and natural gas at year end were estimated to total 93 Mboe.

We have an interest in four production sharing agreements (PSCs) in the Corridor production block (36% stake), Ogan Komering (50% stake) and Jambi Merang (25%) in South Sumatra, and with a 42.4% stake in the Wiriagar PSC (which includes the Tangguh LNG project) in West Papua. We also have the exploration blocks Sakakemang (with a 90% stake) and East Jabung (with a 51% stake) located in South Sumatra, as well as the Andaman III PSC (with a 100% stake) in North Sumatra. 


Major Upstream projects in the country


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 on net production and net proved reserves as of December 31st, 2015, and information on net mineral rights as of June 30th, 2016.