Eni announces new gas discovery at Konta-1 well offshore Indonesia

Italian lipid and state institution Eni has announced a large state find successful the Konta-1 exploration well, portion of the Muara Bakau accumulation sharing declaration (PSC) wrong the Kutei basin, astir 50km disconnected the seashore of East Kalimantan, Indonesia.

Drilling astatine the Konta-1 good revealed an estimated state reserve initially successful spot of 600 cardinal cubic feet (bcf), with the imaginable to transcend 1 trillion cubic feet (tcf).

The good was drilled to a extent of 4,575m successful h2o depths of 570m, encountering state successful 4 abstracted Miocene-age sandstone reservoirs.

These reservoirs, which showed favourable petrophysical properties, underwent an extended information acquisition campaign.

A good accumulation trial (DST) astatine 1 reservoir recorded a travel of up to 31 cardinal modular cubic feet per time (mscf/d) of state and astir 700 barrels per time (bpd) of condensate.

Based connected DST results, the good is estimated to person a multi-pool state complaint imaginable of up to 80mscf/d and astir 1,600bpd of condensate.

Preliminary assessments bespeak that the 4 reservoirs incorporate 600bcf of state successful place.

Additional segments successful the Konta Prospect area, with akin state signatures, could summation the full to much than 1tcf, according to the Italian lipid and state company.

Eni said: “The find confirms the effectiveness of Eni’s near-field exploration strategy successful the Kutei basin, aimed astatine creating worth done its heavy cognition of geological plays and the exertion of precocious geophysical technologies, portion exploiting the synergies with existing projects and facilities.”

The find is said to enactment the company’s plans for drilling 4 much wells successful the Kutei basin successful 2026.

The Konta-1 good is located successful Muara Bakau PSC, which is operated by Eni with an 88.33% participating interest, alongside Saka Energi with 11.66%.

Muara Bakau is among 19 blocks, 14 successful Indonesia and 5 successful Malaysia, managed by a caller associated institution (NewCo) established by Eni and Petronas.

Last week, Eni signed semipermanent liquefied earthy state income agreements with Thailand-based Gulf Development Company and Turkish vigor institution BOTAŞ.

"Eni announces caller state find astatine Konta-1 good offshore Indonesia " was primitively created and published by Offshore Technology, a GlobalData owned brand.

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