Gulf Oil and Gas accountACCOUNT

Eni Announces Jangkrik - Gas Discovery in Indonesia

Source: www.gulfoilandgas.com 6/23/2010, Location: Asia

Share |
Eni has successfully appraised the Jangkrik gas discovery in offshore Indonesia, in the Muara Bakau PSC, Kutei Basin, East Kalimantan.

The Jangkrik-2 appraisal well is located approximately 70 kilometers from the coast of Indonesia and has been drilled to 2449 m in 425m of water depth. The well encountered more than 80m of net gas pay in excellent quality reservoir sands of Pliocene age.

This result significantly increases the field estimate of recoverable resources , with respect to the discovery well. During the Jangkrik 2 production test, the well produced high quality gas at a tubing constrained rate of 17.5 MMscfd.

Eni, through its Indonesian subsidiary, is the operator of Muara Bakau PSC with a 55% interest, with GDF Suez holding the remaining 45% interest in the project.

Following this successful result, the joint venture plan is to proceed quickly with the assessment of the technical and commercial viability of a fast-track development of the gas of the Jangkrik field that will be routed to the Bontang LNG plant.

Overall, in Indonesia, Eni holds working interests in twelve permits, and operates six of them. The offshore activities are located in the Tarakan and Kutei Basins, offshore Kalimantan, north of Sumatra and West Timor. In the Kutei basin, Eni is also participating in the development of the significant gas reserves located in the Ganal and Rapak blocks.

Other activities are located in the Mahakam River Delta, East Kalimantan, where Eni has an equity production of approximately 20,000 boed and has recently been awarded an interest in Sanga Sanga CBM, a new coal-bed methane production sharing contract (PSC) through its operated joint venture affiliate VICO CBM Limited (Eni 50%, BP 50%). The Sanga Sanga project would be the first LNG plant in the world to be supplied by CBM.

Exploration News in Indonesia >>

Brazil >>  1/29/2016 - Brazil plans to extend oil exploration rights in areas awarded between 1998 and 2008 to encourage greater investment despite a recent plunge in oil pr...
Senegal >>  1/27/2016 - Kosmos Energy announced that its Guembeul-1 exploration well, located in the northern part of the St. Louis Offshore Profond license area in Senegal, ...

Iran >>  1/26/2016 - Iran’s Ministry of Petroleum has signed a major agreement with Italy’s Saipem to cooperate in a multi-billion euro project, reports from Rome said. ...
Namibia >>  1/21/2016 - On 4 February 2014 the Board of Frontier, announced that the Minister of Mines and Energy in Namibia (the "Minister") had granted the Company a two ye...

Uganda >>  1/21/2016 - Uganda should not license an oil exploration block close to neighbouring Congo's Virunga National Park because drilling would harm the park's ecosyste...
Sudan >>  1/20/2016 - Sudan has offered three oil and gas blocks for exploration and development to India's ONGC Videsh as part of efforts to increase the country's oil rev...

Related Categories: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  Food Supplies  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Unskilled Labors  Utility Systems  Waste Disposal  Water Supply Services  Welding Products/Services 

Related Articles: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Transportation, 4X4 Trucks  Utility Systems  Water Supply Services  Welding Products/Services 


Indonesia Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 |

More News

 

Oil & Gas Companies in Indonesia >>


Related Links

Countries Quick Links

AZ BD BN CN GE HK ID IN IR JP KR KZ MM MN MY PG PH PK RU SG TH TJ TM TW UA UZ VN
Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Privacy Policy.