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Salamander says drilling starts on Dambus well
Wed, 08 Feb, 2012
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Salamander says drilling starts on Dambus well
Thu, 2 Sep 2010, 06:27:00
Asia-focused oil and gas exploration and production company <b>Salamander Energy</b> said drilling is underway on its Dambus-1 exploration well in Indonesia. The company said the Trident-1X jack up rig has arrived at the Dambus-1 location in the Kutai PSC, East Kalimantan, Indonesia and drilling operations have commenced. Salamander holds a 23.4% interest in the Kutai PSC. The Dambus exploration well will be drilled to a depth of around 2,700 metres sub-sea and is targeting multiple stacked deltaic sandstone reservoirs of Upper Miocene age. The mean gross pre-drill estimate of prospective recoverable resource at the well is about 130m barrels of oil and 300bn cubic feet of gas. The well will be drilled in a water depth of 85 metres and is expected to take approximately 40 days to complete on a dry hole basis. "Dambus is the first of a two well back to back programme in the block. In addition, the Angklung prospect in the Salamander-operated Bontang PSC is expected to spud before the end of September," said James Menzies, chief executive of Salamander.
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