Nu Energy Gas Confirms CSG at Muara Enim
Nu Energy Gas has confirmed 38.2 m of coal, including one contiguous 19 m coal seam during coring and logging operations at its Muara Enim coal seam gas well in Indonesia.
Results of the well are consistent with the previous estimates for prospective gas-in-place, the company said.
The well was cored and logged down to 733 m, with the drilling rig currently being prepared to move to the second Muara Enim drill site located 5 kilometres to the west.
The completion of the second well will also see Netherland Sewell and Associates provide a contingent and prospective reserves report for the PSC.
The company plans, after the completion of the second well, to fast track the extraction process by drilling a pilot production well to be completed in 2012.
It said it was aiming to prove up CSG and shale resources in the area to provide gas for small scale electricity generation while providing to the local gas grid.
Muara Enim PSC is located in prolific South Sumatera coal basin and the PSC covers an area of 652.6Km2. Muara Enim PSC is adjacent to the NGY operated Muara Enim II PSC which covers an area of 1170.9 km.
Muara Enim PSC is operated by the wholly owned subsidiary of NuEnergy, PT Trisula CBM Energi. NuEnergy's joint venture partner is PT Pertamina (60%).