Selamat Firman Yaman., Rovicky  dkk dtaff EKS SAKA.

si Abah

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From:"Parvita Siregar" <parvita.sire...@awexplore.com>
Date:Fri, 9 Oct, 2015 at 18:03
Subject:RE: [iagi-net] Sidayu-3 discovery

Berita lanjutan dari Petromindo. 

 

 

 

Oil & Gas News

Saka discovers 300 million barrels of oil in Pangkah

Thursday, October 08, 2015 - 06:15PM GMT+7

By Febry Silaban

PT Saka Energi Indonesia, a subsidiary of state-owned PT Perusahaan Gas Negara 
(PGN), made a significant discovery during exploration in Pangkah PSC offshore 
East Java with preliminary study revealing the reserve amounts to 300 million 
barrels of oil.

"The new reserve was discovered during the drilling of the Sidayu-3 exploration 
well on Aug. 17, 2015 using COSL rig," Chief Operating Officer Tumbur 
Parlindungan said in Jakarta.

He said, the first Drill Stem Test (DST-1) within the Ngimbang carbonate 
reservoir over the intervals 7225'-7235' and 7265'-7310' produced in 1,800 bopd 
at 28/64" choke with WHP 901 psi, GOR 766 scf/stb, BSW 0% and API gravity of 
37.5o.

"All of oil production from the Sidayu field will likely be exported," he said, 
adding that the reserve is so far estimated at about 300 million barrels of oil.

The Sidayu discovery is the latest in the string of success made by the firm 
during exploration in recent years. Five months ago, the firm also announced 
the discovery of gas at the SIS-A#1 wildcat well in South Sesulu block, 
offshore East Kalimantan.

"The success increases our confidence it is still possible to find significant 
oil and gas reserves in Indonesia. Hopefully, despite the current oil and gas 
industry downturn, the success of Saka could trigger sustainable exploration 
efforts in the country," he said.

The Pangkah block, located off the northeast coast of Java, is 100 percent 
owned by Saka. The firm bought out the block from American firm Hess Corp in 
two transactions worth US$915 million executed in 2013 and 2014.

Editing by Johannes Simbolon

 

 

PARVITA SIREGAR | SENIOR GEOLOGIST | AWE (NORTH MADURA) NZ LTD | AWE LIMITED 

P +62 21 2934 2934  |  D EXT 107  |  F +62 21 780 3566  |  M +62  811 996 616  
|  E parvita.sire...@awexplore.com 

From: iagi-net@iagi.or.id [mailto:iagi-net@iagi.or.id] On Behalf Of hermawan 
sudaryono
Sent: Friday, October 09, 2015 9:43 AM
To: iagi-net@iagi.or.id
Subject: Re: [iagi-net] Sidayu-3 discovery

 

Congrats ya...

On 9 Oct 2015 07:59, "Parvita Siregar" <parvita.sire...@awexplore.com> wrote:

Selamat ya, teman2 di Saka.   Great news for Ngimbang Formation exploration. 

 

Oil & Gas News

Saka discovers 300 million barrels of oil in Pangkah

Thursday, October 08, 2015 - 06:15PM GMT+7

By Febry Silaban

PT Saka Energi Indonesia, a subsidiary of state-owned PT Perusahaan Gas Negara 
(PGN), made a significant discovery during exploration in Pangkah PSC offshore 
East Java with preliminary study revealing the reserve amounts to 300 million 
barrels of oil.

"The new reserve was discovered during the drilling of the Sidayu-3 exploration 
well on Aug. 17, 2015 using COSL rig," Chief Operating Officer Tumbur 
Parlindungan said in Jakarta.

He said, the first Drill Stem Test (DST-1) within the Ngimbang carbonate 
reservoir over the intervals 7225'-7235' and 7265'-7310' produced in 1,800 bopd 
at 28/64" choke with WHP 901 psi, GOR 766 scf/stb, BSW 0% and API gravity of 
37.5o.

"All of oil production from the Sidayu field will likely be exported," he said, 
adding that the reserve is so far estimated at about 300 million barrels of oil.

The Sidayu discovery is the latest in the string of success made by the firm 
during exploration in recent years. Five months ago, the firm also announced 
the discovery of gas at the SIS-A#1 wildcat well in South Sesulu block, 
offshore East Kalimantan.

"The success increases our confidence it is still possible to find significant 
oil and gas reserves in Indonesia. Hopefully, despite the current oil and gas 
industry downturn, the success of Saka could trigger sustainable exploration 
efforts in the country," he said.

The Pangkah block, located off the northeast coast of Java, is 100 percent 
owned by Saka. The firm bought out the block from American firm Hess Corp in 
two transactions worth US$915 million executed in 2013 and 2014.

Editing by Johannes Simbolon

 

 

PARVITA SIREGAR | SENIOR GEOLOGIST | AWE (NORTH MADURA) NZ LTD | AWE LIMITED

P +62 21 2934 2934  |  D EXT 107  |  F +62 21 780 3566  |  M +62  811 996 616  
|  E parvita.sire...@awexplore.com 
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In no event shall IAGI or its members be liable for any, including but not 
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