Offshore Indonesia Bedug find may hold oil as well as gas

Salamander Energy has confirmed its Bedug-1 exploration well offshore Indonesia is a gas discovery.
May 23, 2013

Offshore staff

LONDONSalamander Energy has confirmed its Bedug-1 exploration well offshore Indonesia is a gas discovery.

The semisubmersibleOcean General drilled the well in the Bontang PSC in the North Kutei basin. It reached a TD of 1,693 m (5,554 ft) TVDSS.

Log data show that the well encountered a 5-m (16.4-ft) gas-bearing sandstone interval in the Lower Pliocene BT40 primary target. Within the BT45 primary target, the interval of well-developed sandstones from which oil was tested at the South Kecapi discovery thinned out on the crest of the Bedug structure.

However, these thinner sandstones did contain strong oil shows, so there is potential for a commercial oil discovery remains, justifying further investigation of the updip extent of South Kecapi, which also contains gas.

Salamander is integrating new well data into a technical assessment of theBontang and Southeast Sangatta PSCs, both of which have an inventory of undrilled prospects.

5/23/2013

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