{
    "success": true,
    "data": {
        "id": 1956721,
        "msgid": "digging-for-a-petroleum-fund-1788407472",
        "date": "2026-09-03 09:40:34",
        "title": "Digging for a Petroleum Fund",
        "author": "",
        "source": "TEMPO_EN",
        "tags": "",
        "topic": "Energy",
        "summary": "Indonesia's oil and gas lifting has fallen short of targets, averaging 578,000 barrels per day between January and July against a 610,000 barrel target. SKK Migas is currently addressing production declines in major fields like Rokan and Cepu by exploring dead stock recovery and small-scale community wells.",
        "content": "<p>TEMPO.CO, Jakarta - The target may be ambitious, but reality can be\ndisappointing. That is what has happened with oil and gas lifting\u2014the\nvolume of crude and gas produced by drilling operations and ready for\nsale\u2014this year. According to Djoko Siswanto, Chief of the Special Task\nForce for Upstream Oil and Gas Business Activities (SKK Migas), the\ngovernment set a target of 610,000 barrels of oil per day in the 2026\nState Budget. But from January through July this year, average lifting\nwas only 578,000 barrels per day.<\/p>\n<p>Djoko cited several obstacles hampering efforts to boost production.\nThere had been operational disruptions at several major fields, he said,\nwhile output from aging fields continued to decline. The Rokan Block in\nRiau, operated by Pertamina Hulu Rokan, has a production target of\n163,000 barrels per day. In reality, output had reached only 133,000\nbarrels per day because of a disruption to a pipeline owned by\nTransportasi Gas Indonesia.<\/p>\n<p>At the Cepu oil and gas field, the problem is different. Production\nfrom the field on the border of Central and East Java, which for years\nhas been one of the mainstays of national oil output, is beginning to\ndecline because of natural factors. \u201cWe are trying to keep production\nfrom falling further,\u201d Djoko said at a hearing with House of\nRepresentatives Commission XII, which oversees the energy sector, at the\nParliament Complex in Senayan, Jakarta, on Wednesday, August 26,\n2026.<\/p>\n<p>SKK Migas, Djoko explained, has been trying various ways to make up\nthe shortfall. One is recovering oil that has settled at the bottom of\nstorage tanks, known as dead stock. SKK Migas is also targeting small\noil and gas wells operated by local communities, hoping they can\ncontribute 5,000 barrels per day by the end of the year.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/digging-for-a-petroleum-fund-1788407472",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}