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    Eni Makes 3rd Indonesia Gas Find

Summary

It is close to existing infrastructure, so may be developed quickly.

by: Mark Smedley

Posted in:

NGW News Alert, Natural Gas & LNG News, Asia/Oceania, Corporate, Exploration & Production, News By Country, Indonesia, Italy

Eni Makes 3rd Indonesia Gas Find

Eni announced December 19 that it has made a gas discovery at its Merakes East prospect in East Sepinggan block, offshore Kalimantan in Indonesia.  It is the third consecutive successful result for the Italian operator in the country.

The prospect is located 33 km south east from the Eni-operated Jangkrik field and just 3 km east from its existing Merakes field. The well has been drilled to a depth of 3,400 meters in 1,592 meters of water depth and encountered 15 meters of gas bearing net sands in two distinct levels. A production test, which was limited by surface facilities, recorded excellent gas deliverability. Eni added that analysis of test data show that the well can deliver 70mn ft3/d gas (0.72bn m3/yr) and 1000 b/d condensate.

Eni said the proximity of this new find to the Merakes field, whose development plan investments were approved just a few days ago, "is in line with Eni near-field exploration and will allow [us] to maximise the synergies among the subsea infrastructures as well as reduce costs and the time of the execution of future subsea development".

Eni operates the East Sepinggan Contract Area with an 85% interest, while state-owned Pertamina holds the other 15%. Production activities are located in the Kutei Basin, East Kalimantan, mainly through Jangkrik field, in the Muara Bakau working area, that delivers production in excess of 650mn ft3/d (6.7bn m3/yr). Its gas is liquefied at the Bontang LNG export complex.