Cue Energy today confirmed it had made an oil find in Indonesia’s Kutai Basin.
The Naga Selatan-2 well made the return after reaching a total depth of 1170ft.
A company spokesperson said: “The well was designed to test a shallow anticlinal closure with potential hydrocarbons very near the surface. The model was validated early on by gas shows from 300-315 ft, but this interval was not logged due to operational constraints. While drilling the next hole section, gas shows and fluorescence were observed from 370-495 ft with heavier gas readings and oil shows encountered at 465 ft and below. Logs were run from 315-670 ft and an MDT test was run over a potential 10 ft oil sand at 476 ft.”
The well has since been suspended to allow for future production testing.