Indonesia is making strides towards greater energy resilience and security with additional oil production from Banyu Urip field in East Java.

Powered by the Banyu Urip Infill Clastic (BUIC) drilling project, at our Cepu Block operation, these new wells support Indonesia’s energy goals. And as these new wells come online, we’re proud to be a key partner in helping Indonesia achieve its target.

This development is a major boost to the Banyu Urip field, which already accounts for more than 25% of Indonesia's national oil production. Discovered in 2001 with an estimated 450 million barrels of oil, we have since expanded its potential to more than 1 billion barrels. The addition of these latest wells will contribute up to 30,000 barrels per day to national production, further strengthening Banyu Urip's role in supporting Indonesia's energy security and economic growth.

“We are proud to support Indonesia’s energy goals,” President of ExxonMobil Indonesia, Wade Floyd, said.

He said a major pride point for ExxonMobil is also how these new wells were developed, which demonstrated the strength of local talent and capability in the country.

Using state-of-the-art drill rigs built in Indonesia, the drilling operations were carried out by an almost entirely Indonesian team.