JAKARTA (Rambu Energ) – PT Energi Mega Persada Tbk said it has spudded the SGT-C02 well within the Sangatta II CBM (coal-bed methane) PSC, which was started on Oct. 11, 2014. The drilling was continued on the “8-1/2” hole from 18 meters to 254 meters measured depth.
The drilling on the well was carried out by a company’s unit PT EMP Visi Multi Artha. The company said up to Oct. 31, it has spent US$581,391 for the drilling program of the well.
The drilling of the well is part of the company’s efforts to measure reservoir properties, gas content and permeability in the Lembak Syncline layer.
The Sangatta II CBM PSC is located 180 kilometers north of Samarinda, East Kalimantan province. It covers an area of 909.4 square kilometers around Sangatta, the capital of East Kutai Regency and lies within a prodigious coal mining concession operated by Kaltim Prima Coal (KPC), a subsidiary of PT Bumi Resources, the country’s largest coal producer.
PT Visi Multi Artha, which is 70 percent owned by Energi Mega Persada, holds 60 percent working interest in the Sangatta II CBM block, while Pertamina Hulu Energy (PHE) owns 40 percent. Bumi Resources holds 30 percent shares of Visi Multi Artha.
Energi Mega Persada said in its website that based on the preliminary evaluation, there are indications that the CBM block has 15 trillion cubic feet (TCF) of gas with potential of some 3-4 tcf recoverable. (*)