Cue Energy Announces Mahato PB-07 Production Well Online

Source: www.gulfoilandgas.com 12/13/2021, Location: Asia

Oil production well PB-07 in the Mahato PSC, Indonesia, has been successfully drilled and completed and is producing approximately 650 barrels of oil per day (bopd).

The well is the seventh production well drilled in the PB field and was completed as an oil producer in the Bekasap B sand.

Total production from the PB field is approximately 5000 barrels of oil per day with the inclusion of PB-07. The oil is sold on a Dated Brent price basis with approximately a two dollar per barrel discount.

One more development well, PB-08 is planned for this drilling campaign to complete phase 1 of the Plan of Development. The results of the 7 wells drilled to date indicate further development potential in the field, which is currently under review.


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On May 1, 2021, ...





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