LG-1 up-dip spudded in Indonesia

JAKARTA, October 4, 2017 – On Tuesday, the LG-1 up-dip appraisal well was spudded by Sonoro Energy. The asset, located onshore Indonesia, is part of the Budong Budong PSC estimated to hold some 15.9 billion boe.

The successful spudding comes after the company was forced to abandon an initial attempt in August when Major Drilling Group International was unable to make a drilling unit available at the requisite time.

Drilling at the site, currently being conducted by Advanced Services Indonesia, is considered risky.

“We expect the initial drilling to now proceed cautiously in the top hole section, given the documented hydrocarbons overpressure encounters in the region, such that extra precautions are [being] taken to be prepared for potential shallow gas kicks in the upper hole,” Richard Wadsworth, Sonoro CEO, said in a release.

The successful spudding also follows upstream regulator SKK Migas’ confirmation that the contractual obligations associated with the Budong Budong PSC are in effect until January 15, 2018. This is also the deadline for completion and testing of the appraisal well.

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