Indonesian Duyung PSC Exceeds Hopes: Conrad

Conrad Petroleum, the operator of Duyung PSC, said November 22 it was pleased with the results of the consortium's Tambak-1 well. It flowed dry gas from the intra-Muda sands at a rate of 11.4mn ft³/day. The conditions of the test confirm the deliverability of the Mako reservoir, it said.

Tambak-1 found a "very well-developed 56 feet thick sand package of high permeability and good porosity, significantly thicker than the 33 feet of pay discovered in Mako South-1," Conrad said.

"With the better-than-expected flow test, the data confirmed that the Mako gas field is a very large (350 km² ), aerially extensive “single tank” field, supporting the conclusions from the recently drilled Tambak-2 well, over 17 km from Tambak-1.

The exploration results from the two wells "provide further evidence of an active petroleum system, which is encouraging for future exploration upside within the Duyung PSC," it said.

CEO Miltos Xynogalas said that it was "a tremendous result for the drilling campaign as a whole, confirming a very large single tank gas accumulation, connecting Tambak-1, Mako South-1 and Tambak-2 over a long distance, demonstrating beyond any doubt the mobility and deliverability of natural gas throughout the field." He said the next step would be to further refine the approved Mako development plan. "Overall, the drilling campaign has delivered results that should significantly increase the resources of the field,” he said.