Santos? Indonesian drilling update
Thursday, October 21 2004 - 07:03 AM WIB
The following is excerpt from Santos Limited?s Weekly Drilling Report for week ending October 21, 2004:
| Wildcat Exploration well | Pandu 1 |
| Type | Oil and Gas Wildcat |
| Location | Offshore Indonesia |
| Papalang PSC, Kutei Basin. | |
| 50km SE of the Gada, Gula & Gehem Fields, 250km NE of Balikpapan. | |
| Status at 1700hrs -- 20/10/04 (Jakarta Time) | Pulling out of hole to run surface casing. The current depth is 3445m with 1128m progress below the seafloor for the week. |
| Planned Total Depth | 4115m |
| Interest | Santos Group 20% |
| ENI 25% | |
| Zudavi 31% | |
| Unocal 24% | |
| Operator | Unocal |
| Delineation well (Near Field Exploration/Appraisal Well) | Jeruk 2/ST2 |
| Type | Oil Appraisal |
| Location | Offshore Indonesia |
| Sampang PSC, East Java Basin. | |
| 1.6km E of Jeruk 1, 35km WSW of the Oyong Field and some 40km SE of Surabaya. | |
| Status at 0400hrs -- 21/10/04 (Jakarta Time) | Pulling out of hole to clear obstruction from drillstring. The current depth is 5152m (4686m True Vertical Depth subsea) with no progress for the week. |
| Planned Total Depth | 5500m (changed due to a revised well trajectory) |
| Interest | Santos Group 50% |
| PT Medco Sampang 50% | |
| Operator | Santos Group |