Gulf Oil and Gas accountACCOUNT

Coro Energy's Tambak-2 Well Successfully Appraises Mako Gas Field

Source: www.gulfoilandgas.com 10/15/2019, Location: Asia

Coro Energy, the Southeast Asian focused upstream oil and gas company, has provided an operational update in relation to the drilling campaign in the Duyung Production Sharing Contract ('PSC') in the West Natuna basin, offshore Indonesia, in which Coro holds a 15% interest.

The Tambak-2 well has been drilled to a total depth of 503 metres true vertical depth sub-sea (TVDSS) and the coring programme, wireline logging and pressure surveys completed, confirming the well as a successful appraisal of the Mako gas field. Operations are now focussed on an extensive Drill Stem Test (DST) of the main Mako reservoir.

James Menzies, Coro Energy CEO commented: 'Coro's first well in Indonesia has delivered a great result, this significant step out from the Mako South-1 proves reservoir continuity over a very large areal extent.

We believe the quality of the reservoir found will convert significant volume from the 3C to the 2C resource estimates for the field and add material value to the asset.

Focus now switches to the next step in the campaign, we look forward to the results of the well testing programme and thereafter further appraisal and exploration drilling will follow which we see as further significant value catalysts.'

Drilling News in Indonesia >>

Norway >>  7/9/2020 - Petroleum Safety Authority has given Aker BP consent to use the Maersk Invincible mobile drilling facility for drilling of a pilot hole on the Hod fie...
Norway >>  7/9/2020 - Reference is made to the stock notices on 17 June and on 3 July. The licence has decided to drill a side-track well to further evaluate the size of th...

Cuba >>  7/8/2020 - Melbana Energy Limited has received its first payment from Sonangol in the amount of EUR425,000, pursuant to the Farm-in Agreement executed last m...
Norway >>  7/8/2020 -  Equinor, operator of production licence PL 878, is in the process of concluding the drilling of wildcat well 30/2-5 S. The well was drilled about 17 ...

Norway >>  7/7/2020 - Equinor has awarded a letter of intent with Odfjell Drilling for the drilling and completion of Sverdrup Phase 2 with Deepsea Atlantic. The letter of ...
Pakistan >>  7/7/2020 - Jura Energy Corporation announced that the drilling of Umair NW - 01 exploratory well has commenced in the Guddu Block. The projected depth of the wel...

Related Categories: Artificial Lift  Cementing, Stimulation  Directional Drilling  Drilling  Drilling Engineering & Equipment Systems  Enhanced Oil Recovery  General  Logging, Perforating, Testing  Offshore Drilling  Reservoir/Completion Consultants  Workover & Well Services  Workover Rigs/Services 

Related Articles: Artificial Lift  Cementing, Stimulation  Directional Drilling  Drilling  Drilling Engineering & Equipment Systems  Enhanced Oil Recovery  General  Logging, Perforating, Testing  Offshore Drilling  Reservoir/Completion Consultants  Workover & Well Services  Workover Rigs/Services 


Indonesia Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |

Oil & Gas Projects in Indonesia >>

More News

Related Links

Gulf Oil and Gas
Copyright 2020 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.