Santos? Indonesian drilling update
Jeruk-1 well will be plugged and abandoned
Thursday, March 25 2004 - 06:24 AM WIB
The following is excerpt from Santos Limited?s Weekly Drilling Report for week ending March 25, 2004:
| Wildcat Exploration Wells | Jeruk 1 |
| Type | Exploration |
| Location | Offshore Indonesia |
| Sampang PSC, East Java Basin. | |
| 35km WSW of the Oyong Field and some 40km SE of Surabaya. | |
| Status at 0600hrs -- 25/03/04 (Jakarta Time) | Running wireline logs from 4876m. Jeruk-1 reached a total depth of 5027m. Lost drill pipe in the hole prevented the well from being drilled to the planned TD of 5250m. The well will be plugged and abandoned following completion of wireline logging operations. Santos (Sampang) Pty Ltd, operator of the PSC elected to conduct the drilling of the Jeruk-1 well as a sole risk operation with the remaining PSC joint-venturers, Coastal Indonesia Sampang Ltd and Cue (Sampang) Pty Ltd declining to participate. PT. Medco Sampang participated in the drilling programme by contributing to the well costs under a Well Participation Agreement. |
| Planned Total Depth | 5250m |
| Interest | Santos Group 50% |
| PT Medco Sampang 50% | |
| Operator | Santos Group |