Digitalization for Data Liberation

The Government of Indonesia governs the disclosure of upstream oil and gas data by issuing Regulation No. 29 of 2017. Contractors have to propose permits to the government in order to disclose their data to investors. Although the Government meant to boost investment by issuing the regulation, processes to get the permit can take some times.

The paper is organized as follows: After the introduction, the second section gives a brief overview about process that has been established to show the disclosure of upstream oil and gas data in Indonesia for investment purpose. The third part of the paper promising a new applied policy for the Government of Indonesia in order to improve efficiency for accessing upstream oil and gas data. In other country such as, United States of America, Canada and Mexico Disclosing oil and gas data generally can be transferred by transfer agreement. In last section we describe advantages and disadvantages about our new concept policy compare to Indonesia existing policy that roles the disclosure of upstream oil and gas data.