(TheIndoDaily) – Abu Dhabi-based energy company Mubadala Energy discovers a significant gas discovery from the Layaran-1 Exploration well, in South Andaman, about 100 km offshore North Sumatra.
Mubadala Energy is the operator of the South Andaman Gross Split PSC and this is the first deep water well operated by the company, drilled to a depth of 4,208 meters in 1,207 meters water depth.
The well encountered an extensive gas column with a thickness of over 230 meters in an Oligocene sandstone reservoir. A complete data acquisition including wireline, coring, sampling and production test (DST) were conducted. The well successfully flowed over 30mmscf/d of excellent gas quality.
Mubadala holds 80% working interest in South Andaman. The company said the positive outcome from the Layaran-1 discovery will de-risk multi-TCF of prospective gas resources in the area, providing the foundation for future organic growth and additional exploration drilling activities in 2024.
Mansoor Mohamed Al Hamed, CEO, Mubadala Energy, said “With our strategy to expand our gas portfolio to support the energy transition, this development offers material commercial opportunities and adds momentum to our strategic growth story.”
“This is not only a significant development for Mubadala Energy but a huge milestone for Indonesia’s and Southeast Asia’s energy security. We are proud to have achieved this by leveraging our world-class technical and operational capabilities,” he said.
This newly confirmed discovery is the second consecutive successful well for Mubadala Energy in the Andaman area, coming after the success of Timpan-1 in Andaman-II, which itself came after success at Cengkih-1 in our SK320 in Malaysia. These discoveries add material contingent volume and provide a platform for continued growth for Mubadala Energy in the region.
The discovery well, Layaran-1, flowed 30 million standard cubic feet per day (mmscfd). The well was drilled to 4,208 meters at a water depth of 1207 meters. The well logs indicate that the gas column in the reservoir is estimated to reach more than 230 meters thick.
Observers say an initial estimate indicates an initial gas in place of 6 TCF of gas, which is even bigger than the recent gas discovery made by ENI in offshore East Kalimantan in the Geng North-1 well.
Written by editorial staff