EXPLORATION

AWE Javanese gas find looks significant

AUSTRALIAN Worldwide Exploration and its Indonesian joint venture have flowed 12.8 million cubic ...

The flow confirmed the results of wireline logs and downhole sampling that indicated the presence of gas over a 42m gross interval.

Operator PearlOil Satria plans to drill the well from its current depth of 865m to the planned total depth of about 995m.

The previous well in the program, Lisah-1, was plugged and abandoned last month as a duster.

Participants in the Bulu PSC are: PearlOil Satria (operator - 42.5%), AWE (42.5%), PT Satria Energindo (10%), PT Satria Wijaya Kusuma (5%).

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 water depths of about 60m.

TOPICS:

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

editions

ENB CCS Report 2024

ENB’s CCS Report 2024 finds that CCS could be the much-needed magic bullet for Australia’s decarbonisation drive

editions

ENB Cost Report 2023

ENB’s latest Cost Report findings provide optimism as investments in oil and gas, as well as new energy rise.

editions

ENB Future of Energy Report 2023

ENB’s inaugural Future of Energy Report details the industry outlook on the medium-to-long-term future for the sector in the Asia Pacific region.

editions

ENB Cost Report 2021

This industry-wide report aims to understand current cost levels across the energy industry