Finance & Investing
News Services
Newsletters
Get free industry updates via email.
Daily News
Weekly News
Equipment Updates
Weekly Job Register
Monthly Event Guide
Our privacy
pledge.


advertisement

Drilling Commences at Naga Utara-2 Well in Mahakam Hilir PSC

change text size

Australia's Cue Energy Resources Ltd. (Cue) reported Monday that the Naga Utara-2 well was spud Oct. 5. The well site is located in the onshore portion of the Kutei Basin on the island of Kalimantan (Borneo), Indonesia approximately 6.21 miles (10 kilometers) north east of the town of Samarinda. The well is operated by SPC Mahakam Hilir Pte Ltd., a subsidiary of Singapore Petroleum Company Ltd.

The well is the third to be drilled by Mahakam Hilir Joint Venture and will appraise the gas shows seen in Miocene-age sandstones at Naga Utara-1 which were not fully evaluated in the previous well due to mechanical problems. The well will then be deepened to evaluate additional reservoir objectives. The well is being drilled from the same pad as Naga Utara-1 to a target location approximately 1,558.4 feet (475 meters) of the earlier well. Naga Utara-2 has a proposed total depth (TD) of 2,068 meter Measured Depth (mMD) or 1,981 meter true vertical depth (mTVD) and drilling is expected to take approximately 62 days.

Cue will provide weekly progress reports during the drilling of Naga Utara-2. Participating interests in the Mahakam Hilir Production Sharing Contract are as follows:

  • Cue Mahakam Hilir Pty Ltd: 40 percent
  • SPC Mahakam Hilir Pty ltd: 60 percent (Operator)

WHAT DO YOU THINK?

Post 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.

Related Companies

Most Popular Articles
From the Career Center
Jobs that may interest you
Rig Welder
Expertise: Rig Welder
Location: US
 
Subsea Engineer Development Supervisor
Expertise: Subsea Engineer
Location: Sugar Land, TX
 
Ingeniero Electrico / Trainee
Expertise: Drilling Engineering
Location: Monagas / Anzoategui.
 
search for more jobs