Cooper Energy Spuds Bunian-3 Oil Well in Sukananti KSO in Sumatra

Australia-listed exploration and production firm Cooper Energy Ltd. reported Friday that Bunian-3, an oil development well, has been drilled in the Sukananti KSO, South Sumatra, Indonesia at 5:00 pm Indonesian local time, Dec. 31, 2014. Bunian-3 is an onshore vertical well with a prognosed total depth of 5,518 feet (1,682 meters). The well is forecast to take approximately 28 days to complete, inclusive of production testing.

The Bunian structure is a four-way, fault bounded anticline defined by the 2011 Sukananti 3D seismic survey. Bunian-3 is located 2,395 feet (730 meters) southwest of Bunian-1 and the primary target is the Talang Akar Formation TRM-3 Sand. The TRM3 sand at Bunian-1 is currently producing approximately 200 barrels of oil per day (bopd) and has cumulatively produced 960,000 barrels oil. Secondary targets in deeper K and M sands will also be evaluated at Bunian-3.

Following the completion of Bunian-3, the drilling rig will move to the Tangai-5 development well location.

Joint Venture participants in the Sukunanti KSO are Cooper Energy LTd. (Operator 55 percent) and Mega Adhyaksa Pratama Sukananti Ltd.


Click on the button below to add a comment.
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

Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
Directional Driller - South Texas
Expertise: Driller
Location: San Antonio, TX
Expertise: Floorhand / Roughneck|Roustabout
Location: Grand Junction, CO
Remote Paramedic w/ Clerking Experience
Expertise: Paramedic / Nurse|Rig File Clerk|Safety Officer
Location: GOM, TX
search for more jobs

Brent Crude Oil : $50.97/BBL 1.53%
Light Crude Oil : $48.75/BBL 1.79%
Natural Gas : $2.92/MMBtu 0.68%
Updated in last 24 hours