South East Asia-focused Salamander Energy reported Wednesday that it has begun drilling the West Kerendan-1 exploration well (WK-1) in Indonesia.
The WK-1 well, located within the Bangkanai production sharing contract in central Kalimantan, has two main targets. The first of these is the Oligocene Berai Formation carbonates, which form the reservoir in the nearby Kerendan gas field. This target has a mean recoverable resource potential of 330 billion cubic feet of gas.
The WK-1 well's secondary target comprises an underlying Eocene-aged sandstone fairway in a large, four-way dip closed structure called Sungai Lahei. This, higher risk, target has a mean recoverable prospective resource potential of 580 bcf of gas.
Further prospective gas resource volumes will be targeted in the Lower Berai Formation, with oil potential being assessed in shallower Miocene-aged sandstones.
The WK-1 well will be drilled using the DrillCo-1 land rig to a subsea vertical depth of approximately 13,950 feet.
Salamander's costs on the WK-1 well are being partially carried by its partner, Saka Energi, which farmed in for a 30-percent interest in the Bangkanai PSC earlier this year.
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