The following document is a short article to understand the oil and gas extractive industry and its revenue streams. This paper contains the stages of activities in the upstream oil and gas sector, from the contract signing process to production.

It also mentions several important document provisions in the implementation of upstream oil and gas activities that must be submitted by contractors to BPMIGAS (currently Special Task Force for Upstream Oil and Gas Business Activities (SKK Migas) for approval.

This paper also discusses the types of revenue, the flow from whom to whom, and the mechanisms and provisions for the results between the contractor and the government, as well as the provisions of the Revenue Sharing Fund (DBH) between the central government and local governments.