Premier Abandons Gajah Sumatera-1 Well
The Gajah Sumatera-1 exploration well in Natuna Sea Block A has been drilled to a total depth of 2,387 meters. While the well encountered some gas shows while drilling, wireline logs indicate that no significant hydrocarbons were encountered and the well has been plugged and abandoned.
Following completion of operations on the Gajah Sumatera-1 well, the West Larissa (Seadrill-5) has moved to the Anoa field where it will conduct a workover on an existing well, before drilling a development well to exploit the oil discovered last year in Anoa's Central Lobe.
Simon Lockett, Premier's Chief Executive, commented:
'The West Larissa (Seadrill-5) now moves on to development activity to support existing gas sales contracts into Singapore and to exploit the oil discovered in 2006 in the Central Lobe of Anoa'
Operates 1 Offshore Rigs
- European Oil Producers' Weak Hedging Shows Bet on Price Rebound (Jul 31)
- Mexico Oil Privatization Pays Off With Billion-Barrel Find (Jul 12)
- Premier Oil Expects Weak Pound To Help Bottom Line (Jan 12)
Company: Seadrill Ltd more info
- Norway's Seadrill Gets Two Rival Debt Restructuring Proposals (Oct 23)
- Seadrill's Debt Overhaul Faces Creditor Scrutiny (Oct 02)
- Seadrill Files for Bankruptcy in Bid to Shrink Debt Burden (Sep 13)