Project Profile
Value: Undisclosed
Location: Offshore East Kalimantan, Kutei Basin
Reserves: Unknown
Area: 2,913 sq km
In the 1st Indonesian International Bid Round 2012, Eni has been awarded the East Sepinggan block with a 100% participating interest. The block, located in the offshore East Kalimantan, about 106 miles (170 kilometres) south east of the Bontang LNG processing facility, covers an area of 1,125 square miles (2,913 square kilometres) in the Kutei Basin, a rich hydrocarbon province with several giant discoveries already in production. The East Sepinggan work program plans for the full 3D seismic survey of the area and the drilling of one well, to be completed within the next three years (2012-2015).
Operators:
Eni: Operator with 85% interest
Other: 15% interest