Coro, Partners Start Drilling Tambak-1 Well in Indonesia
Southeast Asia-focused Coro Energy November 4 said drilling of the Tambak-1 well in Duyung production sharing contract in the West Natuna basin, offshore Indonesia, has started.
The Tambak-1 well is located approximately 4.5-km north of the Mako South-1 and is designed to both appraise the extent of the Mako gas field as well to test the underlying Tambak prospect, Coro said. The well is planned to total depth at approximately 1,370 metres below sea level.
Total time to drill, log and test in the event of success is estimated to be approximately 33 days, after which the well will be plugged and abandoned and the rig demobilised, Coro said.
Empyrean holds an 8.5% stake in the Duyung PSC, while operator Conrad has 76.5% and UK-based Coro Energy has 15%.