Empyrean Energy’s Mako well has “exceeded everyone’s expectations”, according to its chief executive.
The drilling operations, carried out in the Natuna Basin Offshore Indonesia by Conrad Petroleum, established 23 feet of net pay in the shallow Intra Muda Formation, with excellent quality rock.
The well flowed high quality gas that is close to 100% methane, with no CO2, H2S, or other contaminants. No sand production was recorded during testing.
Chief executive Tom Kelly said: “Empyrean once again commends the entire Conrad team for their excellent planning and execution of the Mako South-1 well drilling and testing operations. The results have exceeded everyone’s expectations. An excellent flow rate of 10.9 million cubic feet of gas per day that was limited by the available down hole equipment and may, subject to full analysis of core and other data have room for improvement is simply such a pleasing result for all of our shareholders.
“These results dramatically de-risk this project and confirm a very large accumulation of gas with terrific reservoir quality in a region that achieves high gas prices due to high regional demand. With planning for our high impact Dempsey-1 well in the Sacramento Basin, California progressing very nicely we expect the coming weeks to be extremely exciting as we execute further our aggressive high impact exploration campaign.”
As previously reported on 28 June 2017, a final stabilised flow rate of 10.9 million cubic feet of gas per day was reached during testing on fixed choke of 128/64.
Mako is a very large gas accumulation with a lateral extent of approximately 340km2. With the addition of the Mako South-1 well, four wells have now penetrated the Intra Muda Formation, but Mako South-1 is the only well to have been production tested.