Blue Sky to Operate Indonesia's Paus Block
Blue Sky Paus Ltd won the Paus Block, offshore East Natuna, during the 2022 Indonesia Petroleum Bid, with a total committed investment of US$14.66 million in the first three years of exploration. Among the activities included in the project are two geological and geophysical (G&G) studies, one seismic survey, a 200-square-kilometer 3D data acquisition, and one exploratory well.
"The auction winner of the Paus Work Area is Blue Sky Paus Ltd, with a signature bonus of US$200,000 and a total committed investment of US$14.66 million in the first three years of exploration," director general of oil and gas Tutuka Ariadji said during the announcement of the winners last week.
