Santos? Indonesian drilling update
Thursday, November 11 2004 - 06:02 AM WIB
The following is excerpt from Santos Limited?s Weekly Drilling Report for week ending November 11, 2004:
| Delineation well (Near Field Exploration/Appraisal Well) | Jeruk 2/ST2 |
| Type | Oil Appraisal / discovery |
| Location | Offshore Indonesia |
| Sampang PSC, East Java Basin. | |
| 1.6km E of Jeruk1, 35km WSW of the Oyong Field and some 40km SE of Surabaya. | |
| Status at 0400hrs -- 11/11/04 (Jakarta Time) | The current depth is 5507m (5043m True Vertical Depth) with no progress for the week. Operations were delayed due to rig repairs. Currently running in hole with Logging While Drilling tools to drill ahead. Following deepening, the well will be further evaluated to attempt to establish the extent of the hydrocarbon column. |
| Planned Total Depth | 5700m |
| Interest | Santos Group 50% |
| PT Medco Sampang 50% | |
| Operator | Santos Group |