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Coro Energy's Tambak-2 Well Successfully Appraises Mako Gas Field

Source: www.gulfoilandgas.com 10/15/2019, Location: Asia

Coro Energy, the Southeast Asian focused upstream oil and gas company, has provided an operational update in relation to the drilling campaign in the Duyung Production Sharing Contract ('PSC') in the West Natuna basin, offshore Indonesia, in which Coro holds a 15% interest.

The Tambak-2 well has been drilled to a total depth of 503 metres true vertical depth sub-sea (TVDSS) and the coring programme, wireline logging and pressure surveys completed, confirming the well as a successful appraisal of the Mako gas field. Operations are now focussed on an extensive Drill Stem Test (DST) of the main Mako reservoir.

James Menzies, Coro Energy CEO commented: 'Coro's first well in Indonesia has delivered a great result, this significant step out from the Mako South-1 proves reservoir continuity over a very large areal extent.

We believe the quality of the reservoir found will convert significant volume from the 3C to the 2C resource estimates for the field and add material value to the asset.

Focus now switches to the next step in the campaign, we look forward to the results of the well testing programme and thereafter further appraisal and exploration drilling will follow which we see as further significant value catalysts.'

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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 


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