Petronas has made an oil discovery with the Hidayah-1 exploration well in the North Madura II production sharing contract offshore East Java.
Offshore staff
JAKARTA, Indonesia – Petronas has made an oil discovery with the Hidayah-1 exploration well in the North Madura II production sharing contract (PSC) offshore East Java, Indonesia.
Petronas subsidiary PC North Madura II Ltd. is the operator with 100% participating interest in the North Madura II PSC.
The well was drilled to a depth of 2,739 m (8,986 ft). It encountered an oil-bearing carbonate build-up with good reservoir qualities in the Ngimbang carbonate formation and tested at about 2,100 b/d with good crude quality.
The Hidayah-1 exploration well results will be further assessed to ascertain its potential.
