Quest Petroleum Gets Nod to Drill Sumatra Oil, Gas Well

Quest Petroleum has received approval from BPMIGAS to drill the Kayumanis‐1 well in the Komering Basin.

The Kayumanis‐1 Prospect is one of 16 leads identified in the Ranau PSC with combined potential of up to 6Tcf gas and/or 300 mmbbl oil. This prospect is located approximately 10km south of the town of Baradatu in the Way Kanan jurisdiction of Lampung Province, South Sumatra.   

The target reservoirs are in the Baturaja Limestone and Talang Akar Sandstone Formations which are the most prolific oil and gas reservoirs in the South Sumatra Basin, the company said.

The Kayumanis ‐1 Prospect potential is estimated at up to 59mmbbl or 340Bcf gas. Operators in the surrounding PSC’s have reported initial flow rates of up to 3,000 BOPD from the same formations as those hosting the Kayumanis‐1Prospect. The company expects to spud the well in December.

Based on the results of the Kayumanis‐1 Well, two further wells are planned in the initial drilling program.