Sele Raya: Lumbian field to produce 1.5 mmscfd of gas

By Febry silaban

The recent discovery at the Lumbian-2 well in the Merangin II block, South Sumatra province, which is operated by oil and gas firm PT Sele Raya Merangin Dua (SRMD), is projected to produce 1.5 mmscfd of gas, according to a top official of the firm.

?The discovery in Lumbian-2 well just flowed gas, where its production profile reaches around 1.5 mmscfd of gas for three years," the company's President and General Manager Juchiro Tampi told Petromindo.com.

He said, however, that the Plan of Development (POD) has yet to be submitted to the government.

In May, the company announced that it has made an oil and gas discovery at the Lumbian-2 well. Sele Raya spudded the well in the middle of March 2016.

The Merangin II block spans three regencies, namely Musi Rawas, Musi Rawas Utara, both in South Sumatra province, and Sorolangun in Jambi province.

The block was awarded to Sele Raya in October 2003. Sele Raya operates the block with a 44.6 percent interest, while the remaining is held by Merangin B.V. (35.4 percent) and Sinochem Merangin Ltd. (20 percent).

Editing by Reiner Simanjuntak