Jakarta - Entering the age of 7 on December 28, 2022, PT Pertamina Hulu Indonesia (PHI), as a Sub holding of Upstream Regional 3 Kalimantan, has achieved many achievements. Among others, the achievement of gas production figures of 661.14 MMSCFD as of November 2022 and oil production of 57.63 MBOPD as of November 2022.

Then from the achievement of the number of drillings, PHI succeeded in realizing 136 exploitation wells and four exploration wells; and HSSE managed to maintain zero fatality, as well as safe working hours of 123,114,548.

In addition, PHI also received a PROPER award from the Ministry of Environment and Forestry with four gold predicates and eleven green predicates. 

PHI President Director Chalid Said Salim stated that all these achievements resulted from the hard work of all PHI Officers and the support of various stakeholders. As a form of gratitude for entering a new age, PHI also distributed compensation worth Rp200,000,000 (two hundred million rupiahs) to orphans in the Company's work area. 

"On this year's Anniversary, PHI carries the theme of Inspiring, Synergy & Sustainability. PHI's seven-year journey to drive synergies between entities and Subsidiaries has proven to be stronger and more harmonious," said Chalid. 

Furthermore, Chalid added that, unlike other entities, since the beginning of the establishment of PHI was designed as a melting pot or container where various entities with different characters merged into one unit. 

Since the transformation of Pertamina's upstream sub-holding in April 2021, PHI is now home to PT Pertamina Hulu Mahakam (PHM), PT Pertamina Hulu Sanga Sanga (PHSS), PT Pertamina Hulu Kalimantan Timur (PHKT), PT Pertamina EP (PEP), and PT Pertamina Hulu Energi (PHE). The synergy between subsidiaries is further enhanced and proven to encourage PHI's performance as Regional 3 Kalimantan. 

"The communication and synergy built in PHI – Regional 3 Kalimantan is running optimally so that the Company can execute the work well," said Chalid.

PHI is ready to face the challenges of oil and gas business operations and dynamics in 2023 and the following years. In line with this, the Company is preparing a Company Long-Term Plan (RJPP) for 2022-2031. 

"PHI takes strategic steps related to portfolio optimization in exploration, development, production optimization, and operation synergy activities as well as efforts to maintain the reliability of production facilities to achieve the Company's targets. The Company also encourages the implementation of appropriate digitalization to increase collaboration, business, and innovation to realize efficient and agile oil and gas operations," he explained. 

Towards 2023, the Company prepares itself to face mature field challenges with aging facilities with various strategies, namely: aggressive exploration activities to find new resources, baseline optimization and development to increase production, increased synergy and joint procurement with Pertamina group entities, as well as evaluation and optimization of portfolio assets. 

"We believe that the sustainability of the Company's oil and gas operations and business plays an important role in supporting the sustainability of national energy supply and Indonesia's economic development. We are also committed to applying ESG (Environment, Social, Governance) principles in every Company's oil and gas operations and business so that it can produce sustainable energy for Indonesia," concluded Chalid.

PT Pertamina Hulu Indonesia (PHI) is part of Pertamina's Upstream Subholding that manages upstream oil and gas operations and business by ESG (Environment, Social, Governance) principles in Regional 3 Kalimantan. In 2021, through its subsidiaries and affiliates, PHI produced an average of 46.5 thousand barrels of oil per day (MBOPD) and gas production of 625.2 million standard cubic feet of gas per day (MMSCFD). In achieving its vision of becoming a world-class oil and gas company, PHI continues to carry out various innovations and technological applications in producing safe, efficient, reliable, compliant, and environmentally friendly energy to support #EnergiKalimantanUntukIndonesia. PHI's headquarter is in Jakarta. More information about PHI is available at https://phi.pertamina.com.