Currently, digital technology needs to be considered in Oil and Gas (Oil and Gas) companies. The Indonesian government revealed that the digital economy is a national economic recovery. Therefore, all business sectors, including the oil and gas sector, need to pay attention to the important role of technology in stimulating business. Quoted from Bisnis.com, Coordinating Minister for Economic Affairs Airlangga Hartarto said that the oil and gas industry contributes investment of US$ 10 billion per year. This paper discusses the impact of technological innovation in the oil and gas industry on productivity and economic welfare. The literature review will outline recent developments in oil and gas technology. The data and methodology used cover a specific time period to understand the relationship between technological innovation and economic development. The results of this analysis provide an in-depth understanding of the contribution of technological innovation to economic growth and societal well-being, providing valuable insights for future policy making

Changes in global oil prices have been one of the main factors influencing the Indonesian economy for the last few decades. As one of the leading oil and gas producers in Southeast Asia, Indonesia is significantly affected by fluctuations in global oil prices and has a broad impact on various sectors of the domestic economy. This research explores the impact of changes in oil prices on Indonesia's trade balance, inflation, economic growth and fiscal policy. In addition, analysis is carried out at the micro level to understand the direct implications on key sectors, such as the transportation industry, manufacturing industry and energy sector

Petrophysical evaluation of the Baturaja Formation on limestone reservoirs of the Field X, using conventional well log interpretation techniques and relating the results to core data based on laboratory analysis, shows that the reservoir characterization parameters to decide future plan for the well. This study shows the role of integrated petrophysical analysis it is possible that an acceptable and can be completed within the constraints and limitations of the available data, but sometimes additional data are needed. These new data, typically additional SCAL (Special Core Analysis), RCAL (Routine Core Analysis), well test data and mud loging data it’s must be integrated. The results of research based on petrophysical parameters is baturaja formation are dominated by limestone. Based on the results of the analysis, the reservoir layer in the baturaja formation, the BRF-1 is a potential hydrocarbon zone while the BRF- 2 and BRF-3 are non-potential zones. The BRF-1 has an average shale volume is 0,187 which is classified as clean formation, a porosity is 0,134 which is classified as small and for a water saturation is 0,677. The calculation method used is the Archie method because it excels in clean formation. Meanwhile, the Simandoux method has advantages in shaly sand formation and the Indonesian method is suitable for formations in Indonesian regions where the dominant formations are shaly sand and low salinity water. Then, cuf-off for BRF-1 obtained a net reservoir of 25.9 m and a netpay of 3,4 m. The results of this data are used to obtain the initial hydrocarbon reserves using the volumetric method and the amount reserves are 84740.5 STB in the BRF-1 zone.