Pertamina hits gas offshore Indonesia
Indonesia Pertamina Hulu Energi has operated the West Java block since May 2015 with exploration commitments including an offshore 2D study and one exploration well.
“At the end of the fourth quarter of 2017, PHE Abar had drilled the Karunia 1-X exploration well and successfully discovered gas reserves totaling 84 bscf [2.39 bcm] in the sandstone reservoirs of the Cisubuh and Parigi formations, at a depth of 2,600 feet [793 metres],” PHE Abar general manager Theodorus Duma was quoted as saying by the Jakarta Post.
The company added that drilling the Karunia 1-X well cost 30% less than its original target.
Recent Posts
Petronas makes discovery off Suriname
Petronas has made a third oil and gas discovery in Suriname's offshore Block 52, the Malaysian company announced on Wednesday Read More
Japan’s JERA slates $32 billion for LNG, renewables, new fuels
Japanese power generation player JERA on Thursday announced plans to invest USD 32 billion in LNG, renewables and new fuels… Read More
Chevron planning UK North Sea exit
Chevron is planning to exit its North Sea operations after 55 years of activity in the oil hotspot, Reuters reported… Read More
Seatrium wins yet more FPSO work in Guyana
Seatrium has been awarded a contract by SBM Offshore for the topsides fabrication and integration of an additional FPSO vessel… Read More
Diamond Offshore seals $350-million Gulf of Mexico deal
Diamond Offshore has secured a USD 350-million extension for an ultra-deepwater drillship deployed for Anadarko Petroleum in the US Gulf… Read More
ExxonMobil makes deepwater discovery off Angola
ExxonMobil has made a discovery in the Angolan deepwater, the country's energy regulator announced on Monday Read More