OIL & GAS EXPLORATION AND PRODUCTION

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Preparation for oil and gas field management is carried out by conducting a study of several potential fields in the work area of ​​PT Pertamina EP Asset 3 in West Java, including Jatirarangon, Haurgeulis, Sukatani and Jatinegara field.

Upstream oil and gas businesses, especially in the field of exploitation and production is a business with a high rate of return on investment. This program is highly dependent on oil and gas potential and readiness of upstream oil and gas investment. It also requires large capital and in-depth risk mitigation studies. As a Regional Owned Ennterprise whose shares are all owned by the West Java provincial government, MUJ requires higher readiness in terms of financial, technical and legal aspects to carry out these business activities.