Ramba Energy Strikes Oil with First Exploration Well Onshore Lemang
Ramba Energy – an oil and gas exploration and production company with interests in Indonesia – has discovered 222 feet of gross pay at the Lemang Block, onshore Sumatra, Indonesia.
Testing results from the Selong-1 well – the first well to be drilled by Ramba at the Lemang Block – flowed up to 790 barrels of oil per day from a depth of 5,375 feet to 5,385 feet in the Lower Talang Akar Formation and up to 16.8 million standard cubic feet of natural gas per day at a depth of 4,735 feet to 4,751 feet from the Upper Talang Akar Formation.
The Selong-1 well, drilled using the 1500HP NOV Ideal Rig to a total depth of 6,600 feet, has been temporarily suspended as a discovery well. More tests and possibly additional zones may be tested in the future, the company disclosed in a statement.
Commenting on Selong-1's results, Ramba’s CEO David Aditya Soeryadjaya said, "With testing results from the Selong-1 well delivering up to 3,500 barrels of oil equivalent per day, we believe this increases the probability of success for the Akatara-1 well. The positive result also increases our confidence in the commercial potential of the Selong and Akatara prospects, and the overall potential of the Lemang Block."
Ramba's second scheduled exploration well is the Akatara-1 well, which the company plans to complete in early 2013. Excluding mobilization, the drilling of Akatara-1 is expected to take around 26 days, with a possible additional 25 days for testing and analysis, Ramba revealed. Akatara-1 will also be drilled using the 1500HP NOV Ideal Rig.
DeGolyer & MacNaughton, a petroleum consultancy, estimates the Lemang block to hold gross recoverable prospective resources of 511 million barrels of oil and 468 billion cubic feet of gas.
WHAT DO YOU THINK?
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.
- Falcon Oil Declares Commercial Flow Test Results for Shenandoah Well
- Japan Failing to Meet Corporate Demand for Clean Power: Amazon
- PetroChina Posts Higher Annual Profit on Higher Production
- UK Oil Regulator Publishes New Emissions Reduction Plan
- McDermott Settles Reficar Dispute
- Macquarie Strategists Expect Brent Oil Price to Grind Higher
- US, SKorea Launch Task Force to Stop Illicit Refined Oil Flows into NKorea
- Russian Navy Enters Warship-Crowded Red Sea Amid Houthi Attacks
- Equinor Makes Discovery in North Sea
- Standard Chartered Reiterates $94 Brent Call
- India Halts Russia Oil Supplies From Sanctioned Tanker Giant
- Centcom, Dryad Outline Recent Moves Around Red Sea Region
- DOI Announces Proposal for Second GOM Offshore Wind Auction
- PetroChina Set to Receive Venezuelan Oil
- Czech Conglomerate to Buy Major Stake in Gasnet for $917MM
- US DOE Offers $44MM in Funding to Boost Clean Power Distribution
- Oil Settles Lower as Stronger Dollar Offsets Tighter Market
- UK Grid Operator Receives Aid to Advance Rural Decarbonization
- Chinese Mega Company Makes Major Oilfield Discovery
- VIDEO: Missile Attack Kills Crew Transiting Gulf of Aden
- Norway Regulator Blasts Proposal to Halt New Oil and Gas Permits
- Chinese Mega Company Makes Another Major Oilfield Discovery
- What Is the Biggest Risk to Offshore Oil and Gas Personnel in 2024?
- Vessel Sinks in Red Sea After Missile Strike
- Exxon Rights in Stabroek Do Not Apply to Hess Merger with Chevron: Hess
- Analysts Reveal Latest Oil Price Outlook Following OPEC+ Cut Extension
- Equinor Makes Discovery in North Sea
- Standard Chartered Reiterates $94 Brent Call