Verda Nano Setiawan, CNBC Indonesia - 09/08/2024
Oil Production from Cepu Block Begins: Infill Clastic Well Produces 13,000 Barrels per Day

Bojonegoro, August 9, 2024, 13:12 - Oil production at the Cepu Block has officially begun with the flow from the Infill Clastic well, producing approximately 13,000 barrels per day. This success marks a significant step for Indonesia in harnessing its abundant national energy potential.
This project involves collaboration between the government, state-owned enterprises, and private companies focusing on oil exploration. The use of the latest technology in exploration and production is expected to enhance efficiency while minimizing environmental impact, aligning with the commitment to sustainable natural resource management.
The positive impact of this project is felt not only at the national level but also by local communities. With increased production, job creation, income growth, and investment in infrastructure are expected to support economic development in the surrounding areas.
With untapped oil reserves still available for exploration, the Cepu Block is anticipated to continue contributing to higher national energy production targets while strengthening Indonesia’s position in the global energy market.