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LAPORAN LABA RUGI KOMPREHENSIFComprehensive Profit and Loss StatementsLaporan ManajemenManagement ReportProfil PerusahaanCompany ProfileAnalisa & Diskusi ManajemenManagement Discussion & AnalysisIkhtisar 20202020 HighlightsPT Pertamina Hulu Energi2020 Laporan Tahunan TerintegrasiIntegrated Annual Report 244The PHE financial performance achievement during the reporting period showed a relatively maintained condition, despite facing several disadvantageous circumstances. In general, the financial performance in 2020 was influenced by several factors: 1. The capability to maintain the oil and gas production and lifting rates. 2. World oil price movement which influenced the Indonesia Crude Price (ICP).3. The Covid-19 pandemic has affected company operations and oil and gas sales.4. The implementation of the Gross Split production scheme, in some of the Oil and Gas Working Areas/Block. A total of eight working area have implemented the Gross Split scheme out of a total of 37 working area managed.5. Sustainable efficiency and innovation to suppress operating expensesPencapaian kinerja keuangan PHE selama periode pelaporan menunjukkan kondisi relatif terjaga, meski dihadapkan pada beberapa keadaan kurang menguntungkan. Secara umum kinerja keuangan selama tahun 2020 dipengaruhi beberapa faktor:1. Kemampuan mempertahankan tingkat produksi dan lifting migas.2. Pergerakan tingkat harga minyak dunia yang mempengaruhi harga minyak mentah Indonesia.3. Adanya pandemi Covid-19 yang mempengaruhi kegiatan operasional perusahaan dan penjualan minyak dan gas.4. Pemberlakuan skema produksi Gross Split, pada sebagian WK/Blok Migas. Total ada delapan WK telah menerapkan skema Gross Split dari total 37 WK yang dikelola.5. Efisiensi dan inovasi berkelanjutan untuk menekan biaya operasi.