Subsidiaries of RH Petrogas have completed drilling the Klalin-14 development well in the Kepala Burung PSC, which is located in Indonesia’s West Papua region.
The well is said to be part of the Klalin field development programme.
According to the Singapore-based oil and gas company, the Klalin-14 development well encountered 81ft of total net pay and tested production rates of 9.8 million standard cubic feet of natural gas per day (MMSCFGD).
The well, which also tested 220 barrels of condensate per day (BCPD) on a 24/64" choke from two zones, is expected to produce three MMSCFGD and 150 BCPD depending on the gas demand, upon commencement of production expected in the near future.
Klalin 15 and Klalin 17, the two additional development wells, are scheduled to be drilled before the end of 2013.
The Basin PSC produced an average of about 6,168 barrels of oil equivalent per day in 2012.
RH Petrogas chief executive officer, Dr Tony Tan, said the group has recently announced the drilling of Zircon-1 in the Island PSC in the West Papua region of Indonesia, apart from the update on the Basin PSC.
"Both the Basin and Island PSCs have played an important role as the group’s producing assets, and we will continue to work to add reserves and production in these blocks," Tan added.
Image: Klalin 15 and Klalin 17, the two additional development wells, are scheduled to be drilled before the end of 2013. Photo courtesy of suwatpo / FreeDigitalPhotos.net.