RIMS Energy strikes the second oil offshore E. Java
Thursday, October 10 2002 - 04:10 AM WIB
RIMS Energy Karapan Limited has made its second oil discovery on its Karapan production sharing contract (PSC) in the North Madura offshore East Java with the Nummulites-1 well, according to IHS Energy report.
Drilled by Transocean's semisubmersible Sedco 600, to a total depth of 7,300 ft, the Nummulites-1 wildcat has now been plugged and abandoned as a discovery well. The well is located approximately 15 km northeast of the first discovery well, the Turitella-1, which was abandoned without being tested after striking gas.
Meanwhile, another RIMS?s drilling program on Belemnite-1 had reached 3,340 ft. The well is scheduled to be drilled with a total depth of 5,935 ft.
RIMS operate Karapan Block in a 50:50 percent joint venture with Malaysia's state-owned Petronas Carigali.
The joint venture planned to commercialize the Block before 2004. (robert)