Project Profile
Value: Undisclosed
Location: Angklung fault, Bontang Production Sharing Contract (PSC), North Kutei basin, Indonesia
Reserves: 209 Bcf (mean prospective resources) and 336 Bcf (upside potential)
Production: 6,000 barrels of oil per day and 8 million standard cubic feet per day of gas
Water Depth: 388 metres (1,280 feet)
Start-up Year: -
The Kecapi prospect is located in the hanging wall of the Angklung fault, in the Bontang Production Sharing Contract (PSC) in the North Kutei basin of Indonesia. The prospect is estimated to contain mean prospective resources of 209 Bcf, with upside potential of 336 Bcf. The prospect has an associated chance of success of 54%. Salamander Energy is the operator and owner of the prospect with 100% interest. The depth in the area varies around 388 metres (or 1,280 feet). The prospect was discovered in February 2013 using the Ocean General semisub of the drilling contractor, Diamond Offshore Drilling.
Indonesia\'s upstream regulator, SKKMigas, approved the Plan of Development for the Tutung gas deposit in the Bontang PSC in January 2015. Tutung was discovered via the Tutung Alpha-3 well in March 2012, which was completed to a total depth of 3,351 metres. Sandstones in the target formation were found to be gas-bearing, with individual units of up to 15 metres gross thickness. According to the Indonesian government\'s fossil fuel master plan for 2050, Tutung will supply gas to power plants throughout the Bontang region. It was unclear whether Kacapi would be tied-back into Tutung\'s infrastructure.
Operators:
Ophir( Ophir bought Salamander in 2015): Operator with 100% interest
Contractors:
Diamond Offshore Drilling, Inc.: Deepwater drilling contractor using the Ocean General semisub