Conrad, Empyrean make gas find in Natuna

By Alexander Ginting

Empyrean Energy plc reported on Monday that it has been advised by the operator of the Duyung PSC in the Natuna Basin Offshore Natuna, Conrad Petroleum that the Mako South-1 well has reached its planned total depth. Coring and logging is completed and testing is underway.

Since the 21 June 2017 update, drilling operations to acquire a conventional core of the target zone of interest was successful with approximately 99% recovery. Following the recovery of core, the well was drilled to its planned total depth of 1,707 feet. Hepta Combo logs were then successfully run. Subsequently, MDT logs were successfully run. The well is currently undergoing a Drill Stem Test (DST) to establish an indicative flow rate.

Further updates will be made once a stabilized flow rate including gas quality and pressure data has been acquired, the company said.

Prior to the DST, interpretation of the logs established 23 feet of net gas pay from the main target, the Upper Intra Muda Sands. Importantly, the logs are exhibiting better porosity, permeability and gas saturation than originally modelled.

Further work will now be carried out on the core and it is likely that as previously planned, a 3D seismic survey over the discovery will be carried out to obtain a better understanding of the reservoir size and characteristics.

Conrad has 90 percent interest in Duyung PSC with Empyrean holding the balance.