Jeruk Appraisal Sidetrack Encounters Oil

Santos and partners reported that the latest appraisal sidetrack drilled from the existing Jeruk-2 well offshore Indonesia had flowed oil at a rate of 3000 bpd.

The test has renewed confidence in a previous estimate by Santos that Jeruk is likely to be bigger than its initial estimate of 170 million barrels. To determine the size of the field, Santos has plans to drill four appraisal wells later this year.

The locations of the next wells will be determined once interpretation of 3D seismic studies are completed. The next four appraisal wells will be spread out on the Jeruk structure to determine the extent of the field.

Partners in Jeruk are Santos as operator with 45%; Sinapore Petroleum with 40% and Cue Petroleum with 15%.

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