Indonesia’s Pertamina Forecasts 2019 Oil Output Of 414,000 bbl/d

Indonesia’s Pertamina is targeting 2019 crude oil output of 414,000 barrels per day (bbl/d) and natural gas output of 2,944 million cubic feet per day (MMcf/d), an official at the state energy company said on Nov. 7.

That compares to a full-year 2018 output target of 400,000 bbl/d of oil and 3,069 MMcf/d of gas, Pertamina upstream planning chief Meidawati told reporters.