CBM Asia reports final gas content analysis for Kutai West CBM PSC
Wednesday, August 8 2012 - 01:17 AM WIB
CBM Asia Development Corp reports high final gas content values with excellent gas quality have been measured at the Kutai West Coalbed Methane Production Sharing Contract, located in East Kalimantan.
Newton Energy Capital Limited operates the Kutai West CBM PSC, in which CBM Asia holds an 18 percent working interest.
Contractor PT GeoServices measured the gas content of seventeen (17) coal samples that were cored from the CBM-KW-01 exploration well. The final gas content ranged from 155 to 359 ft3/ton (average 275 ft3/ton). The concentration of methane and other hydrocarbon gases averaged over 97 percent with low CO2.
?Gas content averaging 275 ft3/ton is much better than expected and some of the highest measured to date in Indonesia,? said CBM Asia Chairman Scott H. Stevens in a statement issued on Tuesday. ?By comparison, it is over five times higher than in the Powder River Basin , Wyoming , USA , which the US Geological Survey considers to be Indonesia's closest commercial analog and the world's second most productive CBM field at 1.4 Bcfd. High gas content is an excellent indicator for the upcoming production pilot program at Kutai West.?
Editing by Reiner Simanjuntak