Indonesia: Santos to evaluate Paus Biru prospect with new exploration well

Australia’s Santos will evaluate the Paus Biru prospect located in the Sampang PSC offshore Indonesia with a new exploration well, which will be drilled in the fourth quarter of 2018. 

Santos is the operator of the Sampang Production Sharing Contract (PSC) with a 45% interest with Singapore Petroleum Company (40%) and Cue Energy (10%) as its partners.

According to Cue Energy’s statement on Wednesday, the Sampang PSC Joint Venture has approved the drilling of the Paus Biru-1 exploration well.

The Paus Biru prospect is located in the Sampang PSC, Indonesia, 27km east from the producing Oyong gas field. Paus Biru-1 will test a four way dip structural closure targeting the Pliocene Mundu Formation analogous to the hydrocarbon producing zone in Oyong and Wortel gas fields.

Cue Energy said that the location of the well was determined based on recent 3D seismic mapping with visible amplitude anomalies. Geophysical and geotechnical site surveys are currently underway to determine the final well location. The water depth in the area is approximately 48 meters and the well is planned to be drilled in 4Q 2018 to a depth of 650 meters using a jack up drilling rig, which is currently being sourced, Cue said.

The company also added that the Paus Biru-1 will fully evaluate the Paus Biru prospect and a comprehensive evaluation suite will be run on the well. Post drilling, the well will be plugged and abandoned in all outcomes. If successful, a horizontal development well would be drilled at a later date and tied into Oyong and the Grati onshore gas processing facility.

Santos, as the operator of the PSC, will operate the drilling of the well. Santos has experience operating well drilling in the Sampang PSC and the adjoining Madura Offshore PSC, including two wells in 2016.

Cue concluded that, if successful, the Paus Biru prospect will not only directly add reserves to the Sampang PSC but also further extend the life of the Oyong and Wortel fields by supporting the field economics.

Share this article

Follow Offshore Energy Today

Events>

<< Jul 2018 >>
MTWTFSS
25 26 27 28 29 30 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 31 1 2 3 4 5

FPSO World Congress 2018

This year’s FPSO World Congress will tap on this green shoots of recovery and will focus on practical strategies to address key project…

read more >

ONS 2018

Offshore Northern Seas (ONS) provides a platform for the presentation of the political, economic and technological issues involving…

read more >

FPSO World Congress 2018

The Congress will continue its global focus and will feature the biggest and most important names in the FPSO industry…

read more >

SPE Asia Pacific Oil & Gas Conference and Exhibition 2018

As the energy industry adapts to a new status quo operating under sustained low oil prices, there continues to be a need for the industry…

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply