Sele Raya makes discovery in Lumbian field
Tuesday, May 10 2016 - 01:31 AM WIB
Oil and gas firm PT Sele Raya Merangin Dua (SRMD) has made an oil and gas discovery at the Lumbian-2 well in the Merangin II block, South Sumatra province, according to a top official of the firm.
"The Lumbian-2 well from Lumbian field tested gas and oil," the company's President and General Manager Juchiro Tampi told Petromindo.com.
He said that the result of drill stem test (DST) of the well is now being calculated by their reservoir engineers.
Sele Raya spudded the Lumbian-2 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 Johannes Simbolon