TheJakartaPost
Please Update your browser
Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.
Economy in brief: Gas reserve discovered in S. Sumatra
The Upstream Oil and Gas Regulatory Special Task Force (SKKMigas) on Monday announced the discovery of new gas reserve in the Sakakemang Block, South Sumatra
Change Size
T
span>The Upstream Oil and Gas Regulatory Special Task Force (SKKMigas) on Monday announced the discovery of new gas reserve in the Sakakemang Block, South Sumatra.
SKKMigas head Dwi Soetjipto announced that the new gas reserve was discovered by a consortium of Repsol, Petronas and Mitsui Oil Exploration.
“The potential of the reserve is significant although we have not been able to mention the figure. Of course, in the near future, we will prepare the production,” Dwi said in Jakarta as quoted by Antara.
Repsol started its second drilling project in the Sakakemang Block on Aug. 20, 2018, in the Kaliberau well 2X with a fractured basement target, Dwi said.
Located 60 kilometers from the Suban giant gas field, Repsol discovered the reserve in early February, Dwi added.
Since Feb. 10, Repsol had been carrying out a production test with an initial result of 45 million standard cubic feet per day, he said.
The discovery paved the way for a fractured basement exploration target from South Sumatra to the central part of Sumatra, he said, adding that on Monday, Repsol signed a commitment to carry out exploration in WK South Sakakekmang.
