Project Profile
Value: Undisclosed
Location: Bulu Production Sharing Contract, 25 miles (40 kilometres) off northeastern East Java, Indonesia
Reserves: unknown
Water Depth: 197 feet (60 metres)
Start-up Year: -
The Lengo gas field is located in the Bulu Production Sharing Contract, which is 25 miles (40 kilometres) off northeastern East Java in 197 feet (60 metres) of water. AWE is the operator of the Bulu Production Sharing Contract, holding a 42.5% interest; KrisEnergy Ltd (share previous help by Pearl Oil) holds a 42.5% interest; PT Satria Energindo holds a 10% interest; and PT Satria Wijaya Kusuma holds the remaining 5% interest. However, these interests have changed in 2016 as AWE has entered into an agreement to sell its 42.5% interest in the Bulu PSC, offshore Indonesia, to a subsidiary of HyOil for cash consideration of up to A$27.5 million (US$20.6M).
In March 2008, the Lengo-1 well spudded, reaching a total depth of 3,264 feet (995 meters). The well was tested, confirming it was a small gas discovery. Two years later, it was announced appraisal drilling would commence on the Lengo-2 well to determine if this field is a commercial success. Drilling started in April 2013.
Operators:
HyOil Pte. Ltd (Private Company): Operator with 42.5% interest
KrisEnergy Ltd: 42.5% interest
PT Satria Energindo: 10% interest
PT Satria Wijaya Kusuma: 5% interest
Contractors:
Shelf Drilling: Drilling contract using Randolph Yost
Java Offshore: Geophysical and geotechnical surveys
PT. Synergy Engineering: Engineering services contract for the Lengo FEED