Repsol finished its 3D seismic shoot in Indonesia’s South East Jambi block onshore Southern Sumatra in December 2021 and is currently evaluating the data.
Amir Faisal Jindan, Repsol Indonesia stakeholders relations manager, said last Thursday that seismic data will be evaluated to determine potential drilling sites. Repsol initially planned to carry out seismic acquisition in the block in 2020 but was delayed due to the Covid-19 pandemic.
Meanwhile, Repsol and its Malaysian partner Petronas will spend $130 million on a drilling campaign at the Andaman III deepwater block offshore Aceh this year, an official with Aceh Upstream Authority BPMA said. “Based on our evaluation, the Rencong-1X drilling will cost about $130 million,” BPMA Planning Deputy Muhammad Mulyawan said last Thursday.
Repsol is planning to spud the Rencong-1X well in the third quarter of this year through to the fourth quarter.