REPUBLIKA.CO.ID, JAMBI -- The oil and gas company, PetroChina, will carry out drilling for two new wells in April 2016 in an effort to develop Jabung Block in East Tanjung Jabung, Jambi province.
"The two new wells are located at Tiung-3 and NEB Ext-1 sites," PetroChina spokesperson, Charina, said here Wednesday.
The drilling at Tiung-3 well has started early this year, while for the well NEB Ext-1 it is still in the licensing process.
The exploration on these two wells is PetroChina's commitment to continue developing Jabung Block despite the decline in the current world oil price.
She expected that the exploration will be as successful as the previous projects, as it will improve the national oil and gas production.
"The less than encouraging oil prices at this time do not prevent us from continuing searching for new oil and gas reserves," Charina said.
In 2015, PetroChina Jabung announced that the exploration was success in four wells, namely Panen-3, Panen Utara-2, NEB Base-2 and Tiung Utara-2.
The test shows that the oil and gas reserves found in Panen-3 well are Million Cubic Feet per Day (MMCFD) and 1,849 Barrels of Oil Per Day (BOPD) respectively.
The drilling and test in Panen Utara-2 well indicates that the content of new oil and gas and condensate amounted to 1,045 BOPD, 136 Barrels of Condensate per Day (BCPD), and 6.7 MMCFD.
Meanwhile the drilling in NEB Base-2 well confirmed that the gas and condensate contents are 10.8 MMCFD and 475 BCPD.
The Tiung Utara-2 well has 18.2 MMCFD of gas reserves and 756 BCPD of condensate reserves. These are found in sandstone and carbonate formations from Miocene age from Gumai to Talang Akar Formations.
PetroChina is the operator of Jabung Block and a partner of Petronas Carigali (Jabung) Ltd. PP Oil & Gas (Indonesia-Jabung) Limited and the Indonesian oil and gas company, Pertamina.
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