Anadarko joins Eni deepwater drilling campaign

Wednesday, May 2 2007 - 02:39 AM WIB

US oil firm Anadarko Petroleum Company said it was participating with 33.75 working interest in recent appraisal well drilling and testing campaign undertaken by Italian national oil firm Eni SpA in Bukat deepwater PSC offshore East Kalimantan.

“Activity is Aster development is being conducted in anticipation of submitting preliminary Plan of Development to the Indonesian authorities,” the company said quarterly operations update report published on Tuesday.

BPMIGAS Deputy Chairman Dodi Hidayat that Eni had successfully tested 1,500 BPD of oil from Aster-4A well. Dodi said the Aster-4A was the fourth well drilled by Eni. The Transocean Legend rig will head back to Shakalin after completing the fourth well, he said.

Dodi said in an interview earlier this year that the first well called Tulip, also discovered oil, but further evaluation was needed to assess the extend of the discovery.

Eni is carrying out 4-5 well drilling campaign in Bukat since late last year and would spend in excess of US$220 million for the exploration, Dodi said in October 30, 2006 interview. The wells drilled are located in 2,900 feet-depth of water, he said.

Eni has 100 percent working interest in the block after acquiring 45 percent of Chevron Corp.’s interest in early 2006.(alex)

 

 

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