Santos' Indonesian drilling update
Agung 1 ST1, Orca 1 wells are plugged and abandoned
Thursday, February 17 2005 - 05:06 AM WIB
| Wildcat Exploration well | Agung 1 |
| Type | Oil Exploration |
| Location | Offshore Indonesia |
| North Bali PSC, East Java Basin. | |
| 28km SSW of Baluran 1, 210km E of Surabaya. | |
| Status at 0400hrs -- 16/02/05 (Jakarta Time) | Agung 1 ST1 has been plugged and abandoned having failed to intersect economic hydrocarbons. The original wellbore was sidetracked around a fish left in hole at 1936m. The well reached a total depth of 2202m with 373m progress from the plug back depth of 1828m. The rig is currently handling anchors prior to an expected rig release on 18/02/05. |
| Planned Total Depth | 2400m |
| Interest | Santos Group 40.1% *) |
| Total 39.1% | |
| Moeco 20.0% | |
| Operator | Santos Group * reducing to 30% subject to Total right to increase by 10.1% |
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| Wildcat Exploration well | Orca 1 |
| Type | Oil Exploration |
| Location | Indonesia |
| Donggala, PSC, Kutei Basin, 45km E of the Ranggas oil field, and 15km E of the Hiu Aman gas discovery. | |
| Status at 0600hrs -- 16/02/05 (Jakarta Time) | Orca 1 has been plugged and abandoned having failed to intersect economic hydrocarbons. The well reached a total depth of 3805m with 527m progress for the week. The rig is currently disconnecting anchors prior to rig release and move to Pangkal 1, an Oil Exploration Well in the Papalang PSC. |
| Planned Total Depth | 4115m |
| Interest | Unocal 19.55%* |
| Santos Group 65.45%* | |
| Pertamina 15% | |
| Operator | Unocal * Subject to finalisation of farm-out negotiations |
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| Delineation Wells (Near Field Exploration / Appraisal Wells) | Carat 2 |
| Type | Gas Delineation |
| Location | Onshore Indonesia |
| Brantas PSC, East Java Basin. 3.4 km E of Carat 1 and some 35km S of Surabaya. | |
| Status at 0400hrs -- 16/02/05 (Jakarta Time) | Preparing to run short string completion having plugged back the open hole section of the well. No progress for the week. |
| Planned Total Depth | 1158m |
| Interest | Santos Group 18.0% WI |
| Operator | Lapindo Brantas |