Petrogas spuds exploration well onshore Indonesia

Petrogas (Basin) Ltd. spudded the Karim-1 exploration well in the Kepala Burung Production Sharing Contract (PSC), Southwest Papua, Indonesia.

The well is being drilled onshore in a relatively under-explored area within Arar block and is about 23 km east of the Petrogas’ existing Arar production cluster. The well will be vertical and drilled to about 1,311 m TD. Drilling and completion is estimated to take 43 days.

Karim-1 well is designed to assess the oil potential of the Miocene Kais reservoir within a structural closure located updip of the previous Klaifi-1 oil discovery, situated about 7 km northwest of Karim-1. The Miocene Kais formation is a carbonate sequence that forms a broad shallow marine platform with localized reefal complexes and is the main producing reservoir in the PSC.

Following completion of Karim-1 well, the drilling rig will be deployed to drill the Northwest Klagagi-1 exploration well, which is about 15 km northeast of the Arar production cluster and about 12 km from the Karim-1 well site.

The Karim-1 well and the Northwest Klagagi-1 well are part of exploration wells being drilled under the firm work commitment of the Kepala Burung PSC which began in 2020.

Kepala Burung PSC covers an onshore area of 1,030 sq km within Salawati basin, which is one of the most prolific petroleum basins in Indonesia.

Petrogas (Basin) Ltd. is a subsidiary of RH Petrogas Ltd. (82.65% owned). RH Petrogas is operator of the Kepala Burung PSC (70%) with Pertamina holding the remaining 30%.