Cooper spuds Bunian-3 well
Friday, January 2 2015 - 01:49 AM WIB
ASX-listed Cooper Energy Limited announced Friday that Bunian-3, an oil development well in the Sukananti KSO, South Sumatra, was spudded on December 31, 2014 at 5 p.m local time.
Bunian-3 is an onshore vertical well with a prognosed total depth of 1,682 meters. The well is forecast to take approximately 28 days to complete, inclusive of production testing.
The Bunian structure is a four-way, fault bounded anticline defined by the 2011 Sukananti 3D seismic survey. Bunian-3 is located 730 metres southwest of Bunian-1 and the primary target is the Talang Akar Formation TRM-3 Sand. The TRM3 sand at Bunian-1 is currently producing approximately 200 bopd and has cumulatively produced 960,000 bbls oil. Secondary targets in deeper K and M sands will also be evaluated at Bunian-3.
Following the completion of Bunian-3, the drilling rig will move to the Tangai-5 development well location.
Joint Venture participants in the Sukananti KSO are Cooper Energy Ltd (Operator 55%) and Mega Adhyaksa Pratama Sukananti Ltd.
Editing by Reiner Simanjuntak