Medco weekly drilling & exploration activities
Tuesday, March 28 2006 - 01:36 PM WIB
WEEKLY DRILLING & EXPLORATION ACTIVITIES
Week ending March 24, 2006
EXPLORATORY / APPRAISAL WELLS
South Sembakunq-2
The South Sembakung-2 well is located in Simenggaris Block, East Kalimantan. The operator is JOB Pertamina-Medco Simenggaris Pty.Ltd. Medco?s shared in this block is 62.5 % through PT Medco Simenggaris Ltd.
Activity during the week is run 13 3/8? casing, shoe set at 2070?, drilling ahead with 12 ?? bit to 41 87?MD/TVD.
Plan is continue to drill 12 ?? hole to 9 5/8? casing point, run wireline logs and set 9 5/8? casing prior to drill ahead with 8 ?? bit to final TD.
Resik-1
Resik-1 is located in Tuban Block, East Java. The operator is PetroChina International. Medco?s shared in this block is 25 % through PT Medco E&P Tuban. TD 10,415?. Last Casing 7? @ 9239?.
Current Operation: Waiting on flowhead integral joint from Jakarta.
The next plan to set packer, perforate DST interval and test. Five DST runs is planned.
Tanggul Angin-5
Tanggul Angin-5 is located in Brantas PSC. The Operator is Lapindo Brantas, Medco?s hold 32% working interest through PT Medco E&P Brantas. Present total depth: 3,300, Casing 7? was set at 3,297?.
Current Operation: Sting in locater seal assembly into permanent packer.
The next plan to set packer prior to opening DST#1 tool
Banjar Panji-1
Banjar Panji-1 is located in Brantas PSC. The Operator is Lapindo Brantas, Medco?s hold 32% working interest through PT Medco E&P Brantas. Present total depth: 2304?.
Current Operation: Running 16? liner.
The next plan to install tubing hanger, land, set plug and cement.
DEVELOPMENT WELLS
Mamburungan 2005-1 (#20) deepening
Mamburungan 2005-1 (# 20) is located in Tarakan Block, Tarakan. The operator is PT Medco E&P Indonesia. Medco?s shared in this block is 100 % through PT Medco E&P Tarakan.
Well activity along this week is drilled with 6? bit to ID of 2593m, run wireline logs, preliminary log evaluation indicates Mamburungan- 20 deepening has 34m of net gas pay.
Operation then continued by conditioning hole prior to run 4 ?? liner.
Plan is to complete running liner, run walk away VSP and to run completion.
Semoga Water Flood (SWF) 2006-11 (KS-230)
Semoga Water Flood (KWF) 2006-11 is located in Rimau Block, South Sumatra. The operator is PT Medco E&P Indonesia. Medco?s shared in this block is 95 % through PT Medco E&P Rimau.
Operation during this week, is after spudding the well, drilled 17 ?? hole, set 13 3/8? casing, drilled 12 ?? hole and run 9 5/8? casing. Operation at report time is drilling 8 ?? hole at 3113?MD/2609?TVD in Talang Akar formation.
Plan is to drill ahead with 8 ?? bit to TD, run and evaluate wireline logging results.
Kaji Telisa (KS TS) 2006-21 (KS-229)
Kaji Telisa (KS TS) 2006-21 is located in Rimau Block, South Sumatra. The operator is PT Medco E&P Indonesia. Medco?s shared in this block is 95 % through PT Medco E&P Rimau.
Well activity during the week is spudded in well by drilled 17 ?? hole, run 13 3/8? to 275?, continued by drilling 14 ?? hole and set 9 5/8? casing at 1608?.
Drilling then continued with 8 ?? bit, by report time the depth is 2980?MD/2808?TVD.
Plan is to drill ahead with 8 ?? bit to TD, run and evaluate wireline logging results.
Kaji Water Flood (KWF) 2006-04 (KS-231)
Kaji Water Flood (KWF) 2006-04 is located in Rimau Block, South Sumatra. The operator is PT Medco E&P Indonesia. Medco?s shared in this block is 95 % through PT Medco E&P Rimau.
Well activity during the week is spuded in and drilled well with 17 ?? bit, run 13 3/8? casing, drilled ahead with 12 ?? bit and run 9 5/8? casing.
Operation by report time is running in hole with 8 ?? bit after finished cementing 9 5/8? casing. Plan is to drill ahead with 8 ?? bit to TD, run and evaluate wireline log.
SOKA H-1 (SOKA 2006-04)
Soka H-1 (Soka 2006-04) is located in South Sumatra Extension Block, South Sumatera. The operator is PT Medco E&P Indonesia. Medco?s shared in this block is 100 % through PT Medco E&P Indonesia.
Soka H-1 completed conditioning hole, run 13 3/8? casing, drilled ahead with 12 ?? bit and run 9 5/8? casing.
Operation by report time is waiting for torque converter spare parts prior to continue drilling ahead with 8 ?? bit to TD.
Plan is to drill ahead with 8 ?? bit to final TD, run and evaluate wireline logs.
Wunut-18
Wunut-18 is located in Brantas PSC. The Operator is Lapindo Brantas, Medco?s hold 32% working interest through PT Medco E&P Brantas. Present total depth: 2,780. Set 7? liner at 2,778?.
Current operation is preparing to swab the well.
The next plan to swab hole and production test
SEISMIC ACTIVITY
Merangin 2D, Merangin JOB, Jambi, Indonesia
Type: 2D Seismic Survey - 490 Km - 9,814 SP
Block: Merangin I
Progress: 9%
Activities: Daily 0 BM GPS, Cumm 31 BM GPS, remain 4 BM GPS, progress 88 % Surveying - Daily 6.8 km, Cum 88.8 km (18.1 %), remain 401.2 km - 4 crew survey Temporary explosive storage 94 %
SHE: No serious case
Next Plan: Continue survey line, finishing the explosive magazine, mobilization drilling equipment.
Rimau 3D, Kaji, South Sumatra, Indonesia
Type: 3D Seismic Survey - 270 kmsq - 50,898 SP
Block: Rimau
Progress: 0 %
Activities: The awarding document was approved by BPMIGAS. LOI was routing internally MEPI. Sungai Lilin regency socialization was running well.
SHE: N/A
Next Plan: Release LOI - Mobilization - Socialization
Anadarko 2D/3D, South Sumatra, Indonesia
Type: 2D/3D Seismic Survey - 590 Km 20 (12,300 SP) - 430 Km 2D / 633 kmsq 3D (19,750 SP)
Block: Rimau, South Sumatra Extension
Progress: 0 %
Activities: Draft permitting letter to the others oil company; Send info to PA - Forestry areas need permit from Forestry Dept.; Request explosive to Material Dept - 58,060 Kg DayaGel & 58,140 pcs Electric Detonator; Need to send document for ARS to BPMIGAS - the letter will held by PA Asset (SSE); Established organization chart for seismic activity
SHE: N/A
Next Plan: AFE approval by BPMIGAS, submit ARS to BPMIGAS Sumbagsel about socialization Regency level, UPL UKL process, Forestry permitting, others oil company permitting
High Resolution Electromagnetic
Type: Electromagnetic Survey - 75 Km (Gegas Prospect 43.5 Km; Meta Prospect 32 Km)
Block: Rimau, South Sumatra Extension
Progress: 58 %
Activities: Gegas Prospect: completed - continue the inventory of damage crop by SOKA PR Team; Meta Prospect: Approach to Lais district to solve the problem; The permit letter from the district was released; Approaching personally to the land owner; All field activity was down - awaiting permit.
SHE: N/A
Next Plan: Approaching personally to the land owner. (end of release)