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Premier Oil has made an oil and gas discovery in the Kuda Laut-1 well in Tuna PSC offshore Indonesia. Oil and gas samples were recovered to surface and discovered 183 ft...

Premier makes oil, gas discovery offshore Indonesia

Premier Oil has made an oil and gas discovery in the Kuda Laut-1 well in Tuna PSC offshore Indonesia. Oil and gas samples were recovered to surface and discovered 183 ft of net oil-bearing reservoir and 327 ft of net gas-bearing reservoir.

The Kuda Laut-1 well will be sidetracked to drill the Singa Laut prospect in the adjacent fault block following the evaluation operation. The results of the sidetrack are expected in late May and will be incorporated with the results from Kuda Laut to assess the extent of discovered resources.

In other news, drilling continued at the Ratu Gajah-1 exploration well in the Natuna Sea Block A PSC with results expected in May.

Onshore Pakistan, the K-36 well on the Kadanwari block discovered a total net gas pay of 65 ft and flowed at 50 mmscfd through a 64/64 in. choke on test. The well was tied-in to the Kadanwari facilities and has been on production since 16 April.

“We are very pleased to announce discoveries in both Indonesia and Pakistan, continuing the exploration success we enjoyed throughout 2013,” said Andrew Lodge, Exploration Director for Premier Oil. “Discovering oil at Kuda Laut is of particular significance, and we now look forward to the results of Singa Laut. This is the first of a number of high-impact wells Premier plans to drill over the next 12 months.”

In addition, the Badhra-8 well (Badhra block) onshore Pakistan was plugged and abandoned as a dry hole. Operations at the Badhra South-1 Deep well will continue with results expected in May.

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