Optimization of Oil and Gas Assets, SAKA Targets 24,000 BOEPD Production Throughout 2026

Jakarta, VIVA – Pertamina’s Gas Subholding, PT Saka Energi Indonesia (SAKA), targets an estimated net production of 24,000 BOEPD in 2026, as part of a strategy to maintain production continuity and strengthen contributions to energy security. SAKA’s Chief Executive Officer, Intan Fauzi, said the target is up about 10.4 percent from the previous year, reflecting the company’s optimism about the potential for production growth and the overall operational performance of its assets. ‘The 2026 production target represents our commitment to continuously strengthen production performance through an integrated strategy, optimisation of existing assets, and development of the potential of oil and gas resources,’ Intan said in a statement on Sunday, 8 March 2026. She explained that the target will be driven through field optimisation, implementation of new production-well drilling programmes, workover activities on existing wells, and improvements in reliability and operational efficiency in a consistent and measurable manner. In addition, SAKA completed the development well drilling of UPA-17ST in the Pangkah Working Area at the end of 2025, which has now come onstream with positive production results, namely around 2,430 BOPD of oil and 2.3 MMSCFD of gas, as part of efforts to maintain and further improve production performance from assets already in operation. ‘The achievement of the target is part of the company’s commitment to maintaining adaptive and sustainable operational performance,’ she said. In terms of drilling in 2025, SAKA also completed three development wells and two workover activities, exceeding the initial plan. In the Pangkah Working Area (WK), this achievement also supported production, with oil output reaching 113 percent above the RKAP target. This success was supported by a range of efficiency and reliability initiatives, including the successful drilling of the SID-5 development well, which contributed significantly to production gains. ‘Through production optimisation and exploration activities, we hope this will sustain the company’s growth while making a real contribution to national energy independence,’ she said. For information, in addition to boosting production, SAKA continues to strengthen its asset portfolio through exploration activities. The company has carried out geophysical and geotechnical surveys on one of its exploration assets, WK Pekawai, as part of site preparation for drilling plans.