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Premier Oil (65%) has announced the Singa Laut-1

Premier Oil (65%) has announced the Singa Laut-1 well on the Tuna production sharing contract (PSC) offshore Indonesia has encountered 177 feet of net gas pay within the targeted Oligocene sequence. Similar to the adjacent Kuda Laut oil and gas discovery announced in April, the gas samples recovered indicate it is liquids rich. The company believes it has discovered around 100mn boe. The Singa Laut-1 well will be plugged and abandoned with appraisal drilling planned in 2015 to fully assess the combined oil and gas resources ahead of assessing commercialisation options. 

News Item details


Journal title: Petroleum Review

Region: Asia-Pacific

Countries: Indonesia -

Subjects: Exploration and production

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