Mubadala Energy, the Abu Dhabi-based global energy company and operator of the South Andaman joint production contract, today announced another major gas discovery in the Tankulu-1 exploration well, which was drilled approximately 65 kilometers offshore the northern island of Sumatra, Indonesia.
This is the second deep-water discovery operated by the company, as “Tankulu-1” was drilled at a depth of 3,400 meters in water depths that reached 1,200 metres. This achievement was achieved a few months after the huge discovery in the “Laiyaran-1” well, also located in South Andaman.
The drilling process for the “Tankulu-1” well revealed a gas column with a thickness of 80 meters in a high-quality sandstone reservoir, where data and rock samples were collected, in addition to conducting technical tests, analyzing pressure data, and taking fluid samples. By using an innovative well flow test design, a successful, excellent quality gas flow of over 47 million cubic feet per day and 1,300 barrels of condensate was achieved. Although testing was limited by the available testing tools, estimates indicate that the well’s production capacity ranged between 80-100 million cubic feet per day, and more than 2,000 barrels of condensate.
Commenting on the new achievement, Mansour Mohammed Al Hamed, CEO of Mubadala Energy, said: “This discovery, which comes after our recent success in Laiyaran-1, represents a turning point in the energy landscape in Indonesia and the Southeast Asian region in general. It also demonstrates that The South Andaman region is one of the most important natural gas regions in the world. By working with our partners and employing our world-class technical capabilities, we will certainly be able to realize the full potential of this region, while adhering to the ambitious time frame set by the government for the development phase. This discovery reinforces our efforts To play an active role in the energy transition in line with our strategy focused on natural gas.”
With an 80% operating interest in the South Andaman concession area, Mubadala Energy is the owner of the largest concession area in the region. In line with the company’s strategy, which is biased towards natural gas, the Tankulu-1 well is one of the pillars for the development of natural gas concentrations in the region, as this discovery promises more opportunities in the southern part, and indicates the possibility of several additional trillion cubic feet of gas in nearby traps. Which is located within the concession area.
This discovery, along with “Layaran-1”, will add significant quantities to production, in addition to providing a stable base for Mubadala Energy Company’s growth in the region through additional exploration and evaluation activities.
#Mubadala #Energy #announces #huge #gas #discovery #South #Andaman #concession #Indonesia
