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Indonesia: East Java Sea exploratory well spuds

A group led by AWE Ltd., Sydney, last week spudded the Atlas-1 exploratory well on the Titan production sharing contract area in the East Java basin, Indonesia.

Atlas-1 is to go to 770 m measured depth in 70 m of water 70 km north of Tuban to test a Miocene Kujung limestone reservoir sequence that in combination with the 2008 Lengo gas discovery 35 km west could contain as much as 1 tcf of recoverable gas, AWE said. The Lengo discovery tested gas at rates as high as 12.8 MMcfd.

Participants in the Titan PSC are AWE Ltd. via subsidiaries 40%, Baruna Oil & Gas Ltd. and Mitra Energy (Indonesia Titan) Ltd. 25% each, and PT Sillo Maritime Perdana 10%.

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