Indonesia sees higher oil, gas lifting in 2027: regulator chairman in Oil & Companies News 06/06/2026 Indonesia expects oil and gas lifting to increase in 2027, supported by activities such as drilling, well intervention programs and upstream projects, upstream regulator SKK Migas Chairman Djoko Siswanto told lawmakers June 3. Oil lifting is projected to be 602,000-615,000 barrels/day in 2027, compared with a forecast of 602,000-610,000 b/d in 2026. Gas lifting is forecast at 934,000-977,000 barrels of oil equivalent/day, up from expected volume of 929,000-933,000 boe/d this year. “We are quite optimistic that production can reach around 610,000-615,000 b/d in 2027,” Siswanto said during a parliamentary hearing, adding that SKK Migas is using a midpoint projection of around 612,500 b/d for oil, condensate and natural gas liquids lifting next year. Existing fields are expected to contribute about 491,000 b/d, while drilling, workovers, well services and LPG/NGL projects are expected to add more volumes, he said. For gas, lifting is projected at 5,469 million standard cubic feet/day in 2027. The additional supply is expected to come from drilling and capital projects, including those operated by Italy’s Eni. The outlook comes amid challenging outputs so far in 2026. Total liquids production stood at 576,200 b/d as of May 31, consisting of 491,300 b/d of crude oil, 55,800 b/d of condensate and 29,100 b/d of NGL. However, SKK Migas is optimistic that the full-year production outlook will remain at 610,000 b/d, Siswanto said. Gas performance has been better. Production reached 6,550 MMscf/d through May, while gas deliveries stood at 5,207 MMscf/d. SKK Migas expects gas deliveries to reach 5,400 MMscf/d in 2026 with production at 6,787 MMscf/d, he said. Siswanto said oil output this year was hit by several operational issues in the first five months. A pipeline leak in January affected seven upstream contractors and temporarily disrupted production. In the first quart