Lion, partners approve testing plan for Lofin-2 in Indonesia
Australian energy company Lion Energy and its partners in Seram production sharing contract in Indonesia have approved the re-entry and testing plan for the Lofin-2 well in the Lofin gas field, the company said on December 21.
The joint venture is planning to conduct the test around middle of 2022 following receipt of the required long lead items. The test will enable critical fluid and reservoir information to be obtained and will be key to planning commercialisation of the Lofin gas field, it said.
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Lion stated that a staged development plan for the Lofin gas field is anticipated with potential for initial gas sales to local industry in the Seram area during extended well testing with results guiding eventual full development plan for the Lofin field.
The Lofin-2 appraisal well drilled in 2015 confirmed a gas discovery at Lofin on Seram Island, east Indonesia. The Lofin gas field was discovered in 2012 with the drilling of Lofin-1.