Spudded yesterday at noon, the Lisah-1 is being drilled in the Bulu production sharing contract and has a planned total depth of 3200m.
Once drilling there finishes, the rig will move to spud the next well in the program, Lengo-1.
The Lisah-1 and Lengo-1 wells were due for drilling in the third quarter of last year, but rig delays held up spudding until yesterday.
AWE farmed-into the acreage in June, taking a 42.5% stake off Abu Dhabi-based Aabar Petroleum in return for funding $US12 million towards drilling the first two exploration wells.
Covering 3495 square kilometres, the Bulu PSC is located in the East Java Basin in about 60m.
The East Java sedimentary basin is a significant oil and gas producing region, with the area surrounding the Bulu PSC containing a number of oil and gas accumulations, including the Pangkah, Poleng and Kepodang fields.
