Lundin spuds exploration well offshore Indonesia

Lundin Petroleum AB reported its Balqis-01 exploration well is being drilled in the company's Baronang PSC prospect in the Natuna Sea.

The well is targeting Tertiary sands with its main objectives being the Oligocene fluvial sandstone reservoirs in stacked four-way dip closures. The well is being drilled to 2,130 m below mean sea level.

The company estimates the Balqis prospect to have a gross potential of 47 million boe.

The Boni-01 will be drilled as a sidetrack immediately following the vertical Balqis-01. The Boni-01 is planned as an 820 m offset from total depth of the Balqis-01 and will test early to late Oligocene reservoirs, which the company believes could contain up to 55 million boe.

The Boni-01 will drill to 2,300 m below mean sea level, and the company expects to complete drilling in 5 days.

Lundin has a 90% working interest as operator through its wholly owned subsidiary Lundin Baronang BV. Nideo Petroleum Limited holds 10% working interest as partner.

Related Articles

Tullow drills dry hole with Tapendar-1 offshore Mauritania

04/25/2014 Tullow Oil PLC reported it did not find hydrocarbons with its Tapendar-1 exploration well drilled in the C-10 license offshore Mauritania. Tullow s...

Norway: TGS starts 2D, 3D seismic work in Barents Sea

04/24/2014 TGS-NOPEC Geophysical Co. has started 2D and 3D multiclient projects in the Norwegian Barents Sea in preparation for the 23rd Norwegian licensing r...

Simba Energy to conduct 2D seismic survey in Kenya

04/22/2014 Simba Energy Inc., Vancouver, BC, has signed an agreement with Bell Geospace to conduct a comprehensive airborne full-tensor gradiometry (FTG) surv...

Repsol drills dry hole offshore Trinidad and Tobago

04/17/2014 Spain’s Repsol has drilled a dry hole with its Pinter One offshore Trinidad and Tobago’s east coast. The dry hole represents a major failure for th...

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected