The company also announced that its Core Well TE-008c had reached its target depth and found more than 13 metres of a single coal seam. Its second core well, the TE-007C, has a truck mounted rig that will drill to a depth of 300 metres.
The Australian company specialises in drilling unconventional gas resources in Indonesia. The Tanjung Enim Production Sharing Contract is located in a place on the South Sumatra Basin with prolific coal bed methane.
For more news and information on Indonesia, click here.
Spain's Iberdrola plans to triple its offshore wind assets in the coming years, bringing their value to USD 18 billion,… Read More
Saipem has been awarded a USD 850-million contract for subsea works in Angola by local BP-Eni joint venture Azule Energy,… Read More
Arrow Exploration has spud a new production well on the Tapir block in Colombia’s Llanos Basin, the company announced on… Read More
Petronas has made a third oil and gas discovery in Suriname's offshore Block 52, the Malaysian company announced on Wednesday Read More
Japanese power generation player JERA on Thursday announced plans to invest USD 32 billion in LNG, renewables and new fuels… Read More
Chevron is planning to exit its North Sea operations after 55 years of activity in the oil hotspot, Reuters reported… Read More
This website uses cookies.