Salamander finds gas in Indonesia

29-May-2012 Intellasia | ShareCast | 10:10 AM Print This Post

Salamander Energy, the upstream oil and gas company focused on Thailand and Indonesia, has announced a successful appraisal of the Tutung gas-condensate discovery in Indonesia.

The firm drilled the Tutung Alpha-3 (TA-3) well to a depth of 3,351 metres and found stacked sequences of deltaic sandstones in the target section. These sandstone intervals were evaluated using logging while drilling log data and wire-line pressure testing and gas and fluid sampling. Sandstones within the target formation were found to be gas-bearing, and individual units of up to 15 metres gross thickness were encountered.

The Tutung discovery is located in the Bontang production sharing contract (PSC) and is around 37 kilometres north-east of the producing Sangatta field. Salamander is the operator of the Bontang PSC and has a 100 percent equity interest.

The TA-3 well is currently being suspended, while work continues on the submission of a development plan for the Tutung gas-condensate accumulation, which will incorporate the TA-3 well results.

http://www.sharecast.com/cgi-bin/sharecast/story.cgi?story_id=20125187

 


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