Kuwait's Kufpec finds gas, condensate off Indonesia
Kuwait Foreign Petroleum Exploration Co (Kufpec) on January 23 announced a gas and condensate discovery offshore Indonesia.
Kufpec, the overseas arm of state-run KPC, made a commercial discovery in the Anambas block, through the successful drilling of the Anambas-2X well.
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“This exciting discovery marks the first operated offshore exploration discovery for Kufpec,” it said. The well was drilled in 288 feet of water, using a jack-up rig to reach a total depth of 10,509 feet.
The Anambas block was awarded to Kufpec through a competitive bidding process in 2019. The block is fully operated by Kufpec Indonesia, which also holds the entire 100% participating interest.
As part of the drilling campaign, Kufpec conducted two drill stem tests so far, one in the Lower Gabus formation and the other in the Intra Keras formation. These tests resulted in a stabilised combined flow rate of 7mn ft3/day of natural gas and 1,240 b/d of condensate. Kufpec said it intends to conduct more tests on other formations within the same well.