Canada's Niko Resources Ltd. gave an update of the firm's drilling activity in the Cendrawasih Production Sharing Contract (PSC) off northwest Papua province in eastern Indonesia when it presented its quarterly report ending June 30.
The Elang-1 exploration well in the Cendrawasih PSC was drilled in water depths of 5,033 feet to a total depth of 15,865 feet in 27 days. The well - drilled by Diamond Offshore's Ocean Monarch (UDW semisub) - did not encounter commercial reservoir pay zones and has been plugged and abandoned.
"The (Elang-1) well was drilled safely, under budget and ahead of schedule," Niko said in the company release.
The Ocean Monarch has mobilized to the Niko-operated Kofiau PSC, which is located off western Papua province, where the Elit-1 well has been spud as a follow up to the Ajek-1 well drilled by Niko in January 2013.
Have a news tip? Share it with Rigzone!
WHAT DO YOU THINK?
Click on the button below to add a comment.
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.
More from this Author
Most Popular Articles
From the Career Center
Jobs that may interest you