SKK Migas: Estimated Reserves of 5 Exploration Wells in 2022 Are Huge

Summary

The Upstream Oil and Gas Special Regulatory Task Force (SKK Migas) has revealed that the total oil and gas reserve potential of five exploration wells in Indonesia could reach 334 barrels of oil equivalent (BOE). One of these wells is the Anambas-2X in the Anambas Block, Riau Islands, managed by Kuwait Foreign Petroleum Exploration (Kufpec).

These five exploration wells are part of eight carryovers from last year's drilling project. "Of the eight wells drilled, five show results, one is dry, and two are MNK [non-conventional oil and gas] wells," SKK Migas chief expert Ngatijan elaborated on Tuesday.

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