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09 May 2008 16:40 GMT | more prices >>

Cooper spuds Gurame-1X



By Upstream staff 

Australia’s Cooper Energy has spudded its Gurame-1X well off North Sumatra in Indonesia using the Ensco-1 drilling barge.

The well is the Perth company’s first major gas appraisal.

Five previous wells have proved the presence of gas in a number of vertically stacked reservoirs in the Gurame gas discovery area.

The objective of the Gurame-1X well is to further delineate the gas, demonstrate it can flow at commercial production rates and obtain modern data from reservoirs for field development planning, said Cooper.

Historical recoverable hydrocarbon estimates for the field are between 400 billion cubic feet of gas with 20 million barrels of liquids and 2.7 trillion cubic feet of gas with 150 million barrels of liquids.

Cooper has a 22.5% stake in the Seruway production sharing contract which contains the Gurame gas field.


26 March 2008 08:09 GMT  | last updated: 26 March 2008 08:09 GMT

Indonesia offshore move: for Australia's Cooper Energy
 

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