Lundin comes up dry with wildcat well offshore Indonesia
Lundin comes up dry with wildcat well offshore Indonesia
STOCKHOLM, Sweden -- Lundin Petroleum has finished drilling at the Gobi prospect in the Gurita PSC, Natuna Sea, Indonesia. The well was dry.
The Gobi-1 wildcat exploration well was drilled to a final depth of 2,373 m below mean sea level using the Hakuryu-11 drilling rig.
The well was drilled through the Miocene to Oligocene primary and secondary objectives and reached basement as planned. Gobi-1 encountered well developed sandstone reservoir, but no hydrocarbon shows were encountered and the well is being plugged and abandoned as a dry hole.
Lundin Petroleum, through its wholly owned subsidiary Lundin Gurita BV, is the operator and has a 90% working interest in the Gurita PSC. Nido Petroleum Limited holds the remaining 10%.
