Premier identifies Gajah Baru infill drilling opportunities, to tie Lama well into production in Q3
Friday, March 10 2017 - 01:23 AM WIB
Courtesy of Premier
British firm Premier Oil said it has identified several infill drilling candidates at Gajah Baru, in Natuna Sea Block A PSC, offshore Natuna Island, with drilling currently modelled to commence in 2018.
The company also said in a statement on Thursday that preparations are underway to recomplete the WL-5x well which made the Lama discovery under Anoa in 2012 and to tie it into production in the third quarter (Q3) of 2017.
Premier said during 2016, FEED was completed on the Bison, Iguana and Gajah Puteri (BIGP) fields which marks the next generation of Natuna Sea Block A projects to support Premier?s long-term gas contracts into Singapore. Premier?s Board sanctioned BIGP post period end. An invitation to tender for long lead items has been issued and delivery of first gas is targeted for third quarter of 2019.
Premier continues to mature a number of Lama Play leads and prospects to a drillable status on its operated Natuna Sea Block A acreage and seismic reprocessing is currently scheduled for 2017 to enhance the seismic imaging over the Lama Play area.
Natuna Sea Bock A PSC is operated and 65 percent owned by Premier with the remaining 35 percent owned by Mitsui Oil Expl. Co.
Editing by Reiner Simanjuntak