Mubadala Plans First Exploration Wells at Andaman I and South Andaman

Oil rig
Summary

Mubadala Energy is planning its first exploration wells at its Andaman I and South Andaman blocks in Indonesia. Director General of Oil and Gas at the Ministry of Energy and Mineral Resources Tutuka Ariadji said on Tuesday. The United Arab Emirates-based company will drill its maiden probe Layaran at the South Andaman Block in 2023, followed by Parang Parang-1 in 2024. It will drill its first exploration well in the Andaman I Block in 2025.

“The Andaman I and South Andaman PSCs are adjacent and located in the underexplored but proven North Sumatra basin offshore Aceh, a region that Mubadala Petroleum has been involved in since 2011 through joint study agreements. The PSCs have the potential to unlock a new material gas play for domestic consumption in North Sumatra and indeed long-term export to regional markets,” Mubadala said previously, as quoted by Energy Voice.

Register now and get free access.

If you want to get free access to our Daily Insights and Weekly Digest, please click "Sign up" button below. If you already have an account, please login.

What do subscribers receive?

As a subscriber, you'll receive daily insights, weekly business digests, and quarterly industrial reports.

What kind of pieces will i get?

In-depth reports on assumption and impact analysis, as well as update and trends mapping, written by our credible and experienced analysts.

And, there is something else…

Register now and get free access, click here to register. Feel free to contact us with any additional questions you have.