Indonesia: South Sebuku appraisal well spuds

June 20, 2011
Medco Energi Internasional Tbk has spud the South Sebuku-2 appraisal well on the Bengara-1 production sharing contract in the Tarakan basin in East Kalimantan, Indonesia.

By OGJ editors
HOUSTON, June 20
– Medco Energi Internasional Tbk has spud the South Sebuku-2 appraisal well on the Bengara-1 production sharing contract in the Tarakan basin in East Kalimantan, Indonesia.

The well targets gas-bearing sandstones in the Tertiary Tabul, Meliat, and Naintupo formations. Projected TD is 1,370 m true vertical depth subsea.

The 2009 South Sebuku onshore gas discovery is thought to contain 80 bcf of gross mean contingent resources. Medco is operator with 59% interest, and Salamander has a 41% interest in the PSC.

Medco and Salamander will look to tie South Sebuku into South Sembakung gas field on the neighboring Simengarris PSC. South Sembakung development is under way and expected to begin producing in the last quarter of 2012 at 25 MMscfd for the Bunyu Island methanol plant.