Santos? Indonesian drilling update
Pandu 1 plugged and abandoned
Thursday, November 4 2004 - 05:19 AM WIB
The following is excerpt from Santos Limited?s Weekly Drilling Report for week ending November 4, 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 as at 04/11/04 (Jakarta Time) | Pandu 1 has been plugged and abandoned having failed to intersect commercially significant hydrocarbons. The rig was released on 01/11/04 |
| Planned Total Depth | 4139m |
| 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 -- 04/11/04 (Jakarta Time) | Repairing BOPs prior to running wireline pressure logs. The current depth is 5507m (5043m True Vertical Depth) with no progress for the week. The well will be evaluated 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 |