USD 62.3813

-0.19

EUR 65.8407

+0.16

BRENT 76.82

+0.24

AI-95

0

AI-98

0

Diesel

0

791

Russian Zarubezhneft: 1st success in geologic exploration in Indonesia

Zarubezhneft became the 1st Russian oil company to receive support from the Indonesian government in offshore development

Russian Zarubezhneft: 1st success in geologic exploration in Indonesia

Source: Zarubezhneft

Moscow, December 15 - Neftegaz.RU. The partners for the TUNA block offshore Indonesia, Premier Oil and Zarubezhneft, have successfully completed the construction of 2 appraisal wells at the Singa Laut and Kuda Laut structures.
During the geological exploration campaign, all set goals were achieved:
  • a complex of geophysical studies was carried out
  • samples of formation fluids were taken
  • rock samples were taken in the form of traditional and lateral cores
  • wells were tested for inflow
The thickness of the exposed pay zones is 60 m and 90 m along the Singa Laut and Kuda Laut deposits, respectively.
TUNA Block is located in 296 km from the nearest shore, approximately in 135 km from the Block 12/11 in SRV, in the Indonesian exclusive economic zone, in 13 km from the border of the Vietnamese marine economic zone.
Participants of the Block:
  • Premier Oil Tuna BV (Harbor Energy group of companies) - 50% share / the operator of the block
  • ZN Asia Ltd. (Zarubezhneft Group of Companies) – 50% share
After the drilling of appraisal wells, during 2022, an analysis of the information obtained during the construction of wells will be carried out: the reserves are to be calculated, the option for the development and construction of the field is to be determined and sent for approval to the state authorities of Indonesia.

Successful testing of wells SL-2 and KL-2 is an important milestone not only for the TUNA project, but also for the development of interstate relations between Indonesia and Vietnam, since the gas export route assumes its supply to Vietnam.

Sergey Kudryashov, General Director of Zarubezhneft, said:
  • The successful implementation of the project will promote synergy with other gas blocks of the company in order to organize a gas cluster in Southeast Asia
  • The implementation of the aforementioned promising projects in Vietnam and Indonesia will further strengthen the presence of Zarubezhneft in the oil & gas market of these countries, create good background for the company's further activities in the Southeast Asia region for the next 10-15 years
If the development plan is approved by the Indonesian authorities, in the period from 2022 to 2025, it is planned to carry out design and survey work, choose a scheme for a gas route to Vietnam and organize capital construction of production infrastructure facilities.

Preliminary results from the drilling of appraisal wells confirm the presence of hydrocarbons and the possibility of commercial production.

Source : Neftegaz.RU


Follow us on Facebook
Advertising at neftegaz.ru

Subscribe to our newsletter

of the best materials Neftegaz.RU

* Incorrect E-Mail Address

By clicking the "Subscribe" button I accept the "Agreement on the processing of personal data"


Advertising at neftegaz.ru