Interra Spuds TMT-57 Well at Tanjung Miring Field

Source: www.gulfoilandgas.com 10/10/2013, Location: Asia

Interra Resources Limited wishes to inform shareholders that its wholly owned subsidiary, Goldwater TMT Pte. Ltd. (GTMT), has commenced drilling development well TMT-57 at the Tanjung Miring Timur (TMT) field in South Sumatra, Indonesia. GTMT has 100% operating interest in the Technical Assistance Contract of the TMT field and the cost of drilling will be funded from existing funds on hand.

TMT-57 is drilled as an infill development well between current producing oil wells and is the second of four development wells to be drilled back-to-back using an externally contracted rig. The well is to be drilled to a proposed depth of 1,250 metres with the primary objective of accelerating production from undrained portions of oil reservoirs which produce in surrounding wells. TMT-57 is a continuation of the successful drilling programme which began in October 2012 to test new geologic and reservoir concepts derived from the 2012 3D seismic survey with respect to the several sandstone reservoirs of the Talang Akar Formation and the limestone reservoirs of the Batu Raja Formation.

Interra estimates that the results of the drilling should be available in approximately eight weeks. The Company will announce the results as soon as they may be ascertained as well as updates reflecting critical or unexpected events during drilling. The Company wishes to advise that investors should exercise due care and caution when trading Interra’s shares. It is not certain that the development drilling mentioned above will ultimately yield commercially recoverable hydrocarbons or profitable production.


Australia >>  6/27/2022 - On behalf of the EP469 JV, Strike Energy Limited (Strike - STX) offers an update on the appraisal drilling operations for WE3 at the West Erregulla ...
Norway >>  6/27/2022 - The Norwegian Petroleum Directorate (NPD) has granted Equinor Energy AS drilling permit for well 6607/12-5, cf. Section 13 of the Resource Management ...

Tunisia >>  6/24/2022 - Zenith Energy Ltd. (ZENA) provides an update on operational activities in the Robbana concession ("Robbana"), located onshore Tunisia. ...
Australia >>  6/23/2022 - HIGHLIGHTS
• Drilling of 6 th and final well in programme complete
• Glenaras 29 encountered 27 metres of gassy coals
• Highest risk e...


Oman >>  6/23/2022 - Technology-driven oil exploration and production business Rex International Holding Limited ("Rex International Holding," "Rex," or the "Company," and...
South Africa >>  6/22/2022 - An update on the activities for its planned Gazania-1 Well, offshore South Africa, is provided by Eco (Atlantic) Oil & Gas Ltd., an oil and gas explor...

Related Categories: Artificial Lift  Cementing, Stimulation  Directional Drilling  Drilling  Drilling Engineering & Equipment Systems  Enhanced Oil Recovery  General  Logging, Perforating, Testing  Offshore Drilling  Reservoir/Completion Consultants  Workover & Well Services  Workover Rigs/Services 

Related Articles: Artificial Lift  Cementing, Stimulation  Directional Drilling  Drilling  Drilling Engineering & Equipment Systems  Enhanced Oil Recovery  General  Logging, Perforating, Testing  Offshore Drilling  Reservoir/Completion Consultants  Workover & Well Services  Workover Rigs/Services 


Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.