Ramba Energy Discovers Oil and Gas in the Indonesian Lemang Block

The Oil and Gas Exploration and Production company, Ramba Energy, has discovered a gross pay of 222 feet at Indonesia’s onshore Lemang Block.

Testing in the Selong 1-well, the initial well at the block where oil drilling was performed by the company, resulted to a maximum flow of  790 oil barrels daily from depths of 5,375 to 5,385 feet in Talang Akar Formation’s lower region. Moreover, testing discovered natural gas amounting to a maximum of 16.8 million standard cubic feet daily within depths of 4,735 to 4,751 feet from Talang Akar Formation’s upper area.

The well that was drilled up to 6,600 feet deep has been suspended temporarily as an exploration well. Additional tests and examinations may be performed later on, according to the company.

David Aditya Soeryadjaya, Ramba’s CEO, said that the results of testing on the Selong-1 well, now showing a maximum oil equivalent of 3,500 barrels daily, increases the likelihood of success in the Akatara-1 well. Moreover, the CEO commented that the results increased the company’s confidence in Akatara and Selong prospect’s commercial potential, and the Lemang Block’s total potential.

The second oil exploration well of Ramba is Akatara-1, which the firm plans to finish in the early parts of next year. Without mobilization, drilling in the well is anticipated to take about 26 days, with a possibility of 25 additional days for testing and analysis, said Ramba. The 1500HP NOV Ideal Rig will be used for drilling the well.

The Lemang block is estimated to contain recoverable resources of oil and gas in gross amounts of 511 million barrels and 468 billion cubic feet, respectively, according to Petroleum Consultancy DeGolyer & MacNaughton.

By: Chris Termeer

Chris Termeer

Chris Termeer is an oil and gas consultant, industry commentator and analyst. His book, Fundamentals of Investing in Oil and Gas provides a comprehensive overview of all aspects of the oil and gas industry, including exploration, drilling, production, storage, transportation and refining, to name but a few.

Facebook Twitter LinkedIn Google+ YouTube