Santos? Indonesian drilling update
Thursday, October 28 2004 - 06:15 AM WIB
The following is excerpt from Santos Limited?s Weekly Drilling Report for week ending October 28, 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 -- 27/10/04 (Jakarta Time) | Pulling out of hole to run wireline logs. The well reached a total depth of 4139m with 694m progress for the week. Following completion of the wireline logging program, the well will be plugged and abandoned as planned. |
| 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 -- 28/10/04 (Jakarta Time) | Running in hole to drill ahead following wireline logs. Due to tool failure, no wireline pressure data were obtained. The current depth is 5507m (5043m True Vertical Depth) with 355m progress for the week. The well will now be deepened with the aim of conducting further logging and testing to establish the extent of the hydrocarbon column. |
| Planned Total Depth | 5700m (changed due to a revised well trajectory) |
| Interest | Santos Group 50% |
| PT Medco Sampang 50% | |
| Operator | Santos Group |