Strengthening energy resilience, SAKA targets 10.4 per cent production increase by 2026
Jakarta — PT Saka Energi Indonesia (SAKA), an upstream oil and gas company that forms part of PT Pertamina Gas Negara Tbk.’s (PGAS) Sub Holding Gas Pertamina, has targeted oil and gas production during 2026 to reach 24,000 BOEPD (barrels of oil equivalent per day), or a 10.4 per cent increase from the previous year.
“Net production estimated at 24,000 BOEPD forms part of the strategy to maintain production continuity and strengthen our contribution to energy resilience,” said SAKA Managing Director Intan Fauzi in a statement confirmed in Jakarta on Monday.
The target also reflects the optimism of the PGAS business division regarding the potential for production growth and overall asset operational performance.
According to Intan, the achievement of this production target will be driven through field optimisation, implementation of new production well drilling programmes, workover activities on existing wells, and consistent and measurable improvements in operational reliability and efficiency.
Intan Fauzi stated that achieving this target represents part of the company’s commitment to maintaining adaptive and sustainable operational performance.
“The 2026 production target represents our commitment to continue strengthening production performance through an integrated strategy, optimisation of existing assets, and development of oil and gas resource potential,” she said.
In the 2025 drilling aspect, SAKA successfully realised three development wells and two workover activities, exceeding the initial plan that had been set.
This success was supported by various efficiency and operational reliability improvement initiatives, including the successful drilling of the SID-5 development well, which made a significant contribution to production increases.
Beyond driving production increases, SAKA continues to strengthen its asset portfolio through exploration activities. The company has conducted geophysical and geotechnical surveys on one of its exploration assets, WK Pekawai, as a supporting activity for site preparation ahead of the planned drilling activities.
Subsequent exploration well drilling activities will open up opportunities for adding oil and gas resource potential and maintaining long-term production continuity, as well as strengthening the company’s asset portfolio.
With the achievements and strategic initiatives that have been carried out, SAKA remains committed to continuing to improve efficiency, strengthen operational reliability, and accelerate field development to support sustainable company growth.