Lundin Gurita BV is expected to spud the Gobi-1 well offshore Indonesia by mid-October, announced joint venture partner, Nido Petroleum Ltd. The rig the company expects to use for the well, located in West Natuna basin, will be available by early October.
The Gurita production sharing contract (PSC) covers an area of 801,800 hectares in shallow water depths of 80m or less. The PSC has numerous oil and gas discoveries adjacent to it, such as the Belida Field, which had 350MMbl reserves and reached peak production of approximately 140,000bbl/d.
Additionally, the Sembilang Field to the east holds reserves of 30MMbbl that produced approximately 7200bopd. Gurita PSC began drilling in Q4 2013.
Lundin operates the Gurita PSC with a 90% interest, with Nido (10%).
Lundin Petroleum and Nido are also working together in the Baronang PSC.
The two companies began exploration drilling in Natuna Sea, Indonesia using the jackup rig Hakuryu 11 in February 2014 at the Balquis-1 and Boni-1 wells.
Balquis-1 is a wildcat oil exploration well designed to test the hydrocarbon potential of Tertiary sands. The well was meant for Oligocene fluvial sandstone reservoirs in stacked four-way dip closures. Lundin estimated the Balquis to contain 47MMboe.
The Boni-1 well, a side track well from the same surface location as Balquis-1, was designed to test the hydrocarbon potential of early to late Oligocene fluvial sandstone reservoirs in stacked stratigraphic traps against a prominent basement high. The Boni-1 well was plugged and abandoned in March 2014. After drilling, the well reached a total depth of 2214m below sea level. According to Lundin Petroleum, only minor gas was encountered.
Map from Nido
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