After Kayumanis-1, Quest to drill more wells

By Demas Simbolon

ASX-listed Quest Petroleum NL plans to drill three wells in the next 12 months at its Ranau PSC in Sumatra, following success in Kayumanis-1 well with potential reserve estimated at up to 59 million barrels (mmbbl) of oil or 340 billion cubic feet (Bcf) gas

The first drill location is situated on the edge of an identified structural high proximate to three significant sub-basins with clear potential for hydrocarbon generation, the company said in a report.

The target reservoirs are in the Baturaja Limestone and Talang Akar Sandstone Formations which are the most prolific oil and gas reservoirs in the South Sumatra Basin.

The Kayumanis-1 Prospect is one of the 16 leads identified in the Ranau PSC with combined potential of up to 6 Tcf gas or 300 mmbbl of oil. This prospect is located approximately 10 km south of the town of Baradatu in the Way Kanan regency of Lampung.

Gas discovered on the Ranau PSC can be commercialized through the nearby South Sumatra ? West Java (SSWJ) gas transmission pipelines and processing infrastructure. The SSWJ pipelines supply large markets in Sumatra, West Java and Singapore.

Editing by Dadan Wijaksana