Sucofindo wins 2D seismic survey in Air Komering block

Monday, November 14 2016 - 07:52 AM WIB

By Febry Silaban

State-owned surveyor and consultancy firm PT Sucofindo has recently won a 2D seismic survey at Air Komering onshore block in South Sumatera province.

Sr. Manager Seismic & Geosurvey at Sucofindo Hendy Barkat told Petromindo.com on Monday that the value of the seicmic survey is Rp22 billion.

The block is 100 percent owned and operated by PT Cahaya Batu Raja Blok which since 2010 has been a subsidiary of IDX-listed investment holding company PT Capitalinc Investment Tbk. The Air Komering PSC was awarded and signed on Dec. 12, 2004. The PSC area is estimated to hold approximatelly 2500 million barrels of oil and 100 billion cubic feet of gas reserves.

Editing by Reiner Simanjuntak

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