Ramba Spuds First Onshore Exploration Well in Indonesia
Singapore-headquartered Ramba Energy said Monday that it has spud the Selong-1 exploration well; the first well to be drilled in the onshore Lemang block located in South Sumatra, Indonesia.
The well - located in the Lemang block's Akatara prospect - will be drilled to a depth of 6,350 feet. The well is targeting the Intra Gumai Sand Formation, Upper Talangakar Formation, Lower Talangakar Formation and the Crystalline Basement.
The company expects drilling operations to take around 20 days, with possibly an additional 20 days for testing and analysis.
Commenting on Ramba's plans to develop the block, the company's CEO David Soeryadjaya told Rigzone that "the company's priority is to complete drilling and analysis of the Selong-1 exploration well."
"Ramba will disclose future plans following testing and analysis of Selong-1," Soeryadjaya added.
According to petroleum consultancy DeGolyer & MacNaughton, the Lemang Block is estimated as holding gross recoverable prospective resources of 511 million barrels of oil and 468 billion cubic feet of gas.
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