Ramba completes development drilling at Jatirarangon
Wednesday, September 18 2013 - 01:01 AM WIB
SGX-listed oil and gas firm Ramba Energy Limited reported on Tuesday that it has completed deepening of the JRR-1 production well in Jatirarangon TAC on September 8, 2012
The JRR-1 well has been deepened to a total depth of approximately 8,900 feet.
Well log analysis confirms the presence of hydrocarbons in the Upper and Lower Baturaja Formation as well as at the Talang Akar Formation, the company said.
JRR-1 well has produced up to 5.5MMSCFD of gas and 265 BOPD of oil since the completion of the deepening works.
The JRR-1 well is currently under observation.
A full comprehensive extended well testing for other identified zones is expected to be carried out in the future by rigless operation for cost optimization, it added.
The Jatirarangon TAC is located in Cikarang, West Java, approximately 48 kilometers from Jakarta. The block recorded peak production levels of 6.8 MMCFD of natural gas and 105 barrels of oil and condensate per day.
Ramba doubled production from the Jatirarangon block in late 2011, after drilling two additional development wells at the block.
Ramba Energy controls a 70 percent working interest (operator) of the Jatirarangon TAC.
Editing by Reiner Simanjuntak