Genting Oil strikes oil, gas in West Papua
Friday, August 8 2014 - 08:47 AM WIB
Genting Oil Kasuri Pte Ltd (GOKPL), a subsidiary of Genting Energy of Malaysia, has discovered oil and gas in Kido-1x well of Kasuri Block in West Papua.
The company said in a press release on Friday that Kido-1x well will be temporarily abandoned pending next steps to be implemented for the well.
GOKPL, operator of Kasuri PSC, has terminated Rig DU-901 from the Kido-1X well, which is the deepest onshore well ever drilled in Indonesia. The depth of the well reaches up to 5.386 m RKB. It was drilled on June 21, 2013 and had been temporarily abandoned since July 13, 2014 as a discovery of oil and gas well.
GOKPL is currently conducting a 3D seismic survey on the structure of the discovery. The results of the drilling and seismic will be used to estimate the reserve of hydrocarbons in the well.
Editing by Benget Besalicto ST