Private equity funded Black Platinum Energy will move ahead with its plans for appraisal and development activities to prove up its shallow gas plays in East Natuna, offshore Indonesia, despite current industry conditions.
Plans include drilling one exploration well, Paus Hitam-1 in its Sokang PSC and one or two appraisal wells in its North Sokang PSC within the next 12-18 months.
One exploration well is planned in early 2017 targeting an unrisked mean exploration prospect, Paus Hitam-1 of P50 878 Bcf in the Lower Pliocene sands at a TD of 878 m. The Sokang PSC was the site of a three-well exploration campaign (Paus S-1, Paus NE-1 & 2) in the early 1970’s, which was targeting resources in the Miocene. All three wells penetrated gas columns with no CO2 detected in the Upper and Lower Pliocene and were deemed shallow gas hazards at that time.
One or two appraisal wells are planned in mid- 2017 on the East Dara gas structure to further test/prove up the Upper and Lower Pliocene gas resources and move this gas discovery into a development phase.
The company plans to drill a Dara 5 appraisal well on the West Flank of the East Dara structure targeting the Upper Pliocene sands with a possible second appraisal well, Dara-6 on the high of the East Dara structure targeting the Lower Pliocene sands.
Map of the Sokang PSC, from Black Platinum.
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