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

Western Monarch Commences Seismic Survey in Tanjung Aru PSC off Kalimantan

change text size

KrisEnergy Ltd. (KrisEnergy or the Company), an independent upstream oil and gas company, announced Monday that the Western Monarch seismic vessel has commenced a 193 square miles (500 square kilometers) 3D seismic acquisition program in the Tanjung Aru production sharing contract (PSC) offshore Kalimantan, Indonesia. The seismic program began March 24.

The Tanjung Aru PSC covers 1,618 square miles (4,191 square kilometers) in the Makassar Strait where water depths range from 65 feet (20 metres) to over 3,280 feet (1,000 meters). Three exploration wells have been drilled to date in the current outline of the Tanjung Aru PSC, of which two encountered gas. Since being awarded operatorship of the contract area in 2011, KrisEnergy has been working to integrate existing 2D and 3D seismic data, review the volumetrics of existing discoveries and undertake petrophysical analysis of the three previously drilled wells.

Chris Gibson-Robinson, KrisEnergy’s director Exploration & Production, said: “The Tanjung Aru PSC adds to our series of gas exploration efforts in Indonesia. The little exploration that has been undertaken by a previous operator is encouraging and we expect this new seismic data will help us to identify and map several more prospects and leads in the portion of the block that lies in the shallower areas.”

KrisEnergy holds a 43percent operated working interest in the Tanjung Aru PSC and is partnered by Neon Energy Ltd, which holds 42 percent, and Natuna Ventures Pte Ltd with 15 percent.

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
Change and Deployment Planner
Expertise: IT - Analysis & Management, IT - Software Development, Software Specialist
Location: Houston, TX
 
Data Scientist
Expertise: IT - Software Development, Software Specialist
Location: Houston, TX
 
IT Systems Architect
Expertise: IT - SAP / ERP, IT - Software Development, Software Specialist
Location: Cambridge, VT
 
search for more jobs