KrisEnergy completes Tayum-1 exploration well
Friday, July 12 2013 - 02:11 AM WIB
Independent upstream oil, gas firm KrisEnergy Ltd said that it had completed drilling of the Tayum-1 exploration well in the Kutai production sharing contract (PSC) in Makassar Strait, offshore Kalimantan.
Tayum-1, located approximately 8 km east-southeast of the Dambus-1 gas indication well, was drilled directionally to a total depth of 11,095 feet measured depth (feet MD), or -8,410 feet total vertical depth subsea (feet TVDSS), KrisEnergy, the operator of the Kutai PSC, said in a press statement on Thursday.
Preliminary well log evaluation indicates that the well encountered approximately 49 vertical feet of net gas pay from multiple sandstone intervals between 2,377 feet MD (-2,295 feet TVDSS) and 7,180 feet MD (-5,903 feet TVDSS) within the Miocene to Pliocene section, from which two gas samples were recovered.
Two further gas samples were also recovered and are interpreted to be shaly-sand gas pay intervals between 6,647 feet MD and 6,660 feet MD (-5,567 to -5,575 feet TVDSS) and 7,366 feet MD to 7,402 feet MD (-6,023 feet TVDSS to -6,046 feet TVDSS).
The well has been plugged and abandoned as a gas discovery (by MDT sampling) and the company is evaluating the results together with the data from two earlier gas discoveries, Dambus and Mangkok. The Randolph Yost jack-up rig, which is owned by Shelf Drilling Co., was released on 10 July 2013.
KrisEnergy holds a 54.6 percent operated working interest in the Kutai PSC and is partnered by Salamander Energy with 23.4 percent and Orchid Kutai Ltd. with 22 percent.
Editing by Benget Besalicto ST