Saja Energi Indonesia is a subsidiary of gas distributor PT Perusahaan Gas Negara Tbk which engages in upstream oil and gas sector.
SKK Migas said the discovery has a potentiality to add gas reserves of 1.2 trillion cubic feet (TCF).
Saka began drilling the well on December 23, 2014. The well is located in offshore within Kutai basin at measured depth of 8,200 feet total vertical deep subsiea (FT TCDSS).
The South Sesulu WK was signed on May 2009. Previously, the WK was operated by HESS (Indonesia-South Sesulu). Saka Indonesia took over the Work Area following the acquisition of oil and gas blocks owned by Hess in Indonesia.
Following the completion of SIS-A#1 well, Saka South Sesulu plans to drill three more exploration wells over the next two years.
PT Saka Energi Indonesia, Tumbur Parlindungan who is also served as General Manager of PT Saka Indonesia Sesulu, describes that gas discovery in the exploration block of South Sesulu not solely about discovering gas reserves but also means something deeper.
“By this discovery, the company found new reserves to be developed. Moreover, Saka also shows that the company not only able to acquire existing block but also capable to become the operator and find new oil and gas sources,” he said.
“Moreover, when we are able to find new oil and gas reserves, it will boost up the morale of my colleagues in Saka. Not all oil and gas companies in Indonesia can find new sources of oil and gas in Indonesia,” he noted.