Eni makes a new discovery at Muara Bakau PSC

Italian oil and gas firm Eni announced Thursday that it has made a new hydrocarbon discovery in Muara Bakau block, Kutei Basin, offshore East Kalimantan, 15 Km from the Jangkrik field.

As the operator, Eni has successfully drilled an exploration well on the Jangkrik North East structure, located in The Jangkrik North East. The discovery represents a significant success in Eni's exploration efforts in the Kutei Basin and further confirms the high potential of its portfolio in the area.

The Jangkrik North East NFW has been drilled to 3,633m at a water depth of 460m.

The well contains more than 60m of net gas pay in excellent quality reservoir sands of Pliocene and Miocene age.

During the production test, the well produced high quality gas at a tubing constrained rate of 30.6 MMSCFD.

Eni, through its Indonesian subsidiary, is the operator of Muara Bakau PSC with a 55% interest. GDF SUEZ holds the remaining 45% interest in the project. (romel)