Premier Oil outlines Indonesian drilling plans for 2014

Jan. 17, 2014
Premier Oil PLC reported plans to drill 13 wells in 2014—6 exploration, 2 appraisal, and 5 near-field—that will target more than 160 million boe of net unrisked prospective oil and gas resources.

Premier Oil PLC reported plans to drill 13 wells in 2014—6 exploration, 2 appraisal, and 5 near-field—that will target more than 160 million boe of net unrisked prospective oil and gas resources.

The company said it will explore further the Lama play on Natuna Sea Block A offshore Indonesia where, in early 2012, it reported flow of 17 MMscfd of gas from fractured Eocene-Oligocene Lama sanstones in Anoa oil and gas field (OGJ Online, Mar. 5, 2012). The first well, to be drilled in this year’s first quarter, will test the Ratu Gajah prospect with a gross prospective resource of as much as 700 bcf of gas. Premier Oil also will appraise the Anoa Deep discovery in the fourth quarter.

Elsewhere in Indonesia, the firm plans to spud the Kuda-Singa Laut well in the first quarter. The well will initially test the Kuda Laut segment and then sidetrack to test the adjacent Singa Laut segment, the company said.