Gas indications from offshore Sumatra well

Offshore staff

MELBOURNE, Australia – MEO Australia may have discovered gas with the Gurame SE-1XST well offshore North Sumatra, Indonesia. The well is being drilled in the Seruway PSC.

Wireline logging has been completed over the Baong sands. A 7-in. liner was run and cemented to 2,961 m (9,714 ft) MDRT. Early this morning, the rig was running in hole, preparing to drill out of the 7-in. liner.

Logging results and gas shows while drilling suggest that the Baong sands are gas saturated. Image logs show the Baong sands to be finely laminated with significant fracturing.

A dual packer MDT was run, confirming that the reservoir has matrix permeability.

MEO has secured $10 million in funding to production test the Baong sands in order to determine gas composition and reservoir productivity. Prior to starting this program, the rig will drill the second target, the Belumai sands.

11/19/2012

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