Glotec's unit begins drilling Indonesia's first commercial CBM well
KUALA LUMPUR: Globaltech Formation Bhd 's (Glotec) subsidiary, NuEnergy Gas Ltd, has commenced drilling operations for the TE-B06001 well at its Tanjung Enim Production Sharing Contract (PSC) Plan of Development 1 (Tanjung Enim POD 1) area.
The well is located approximately 218 kilometres (km) from Palembang, South Sumatra, and it is NuEnergy's and Indonesia's first commercial coal bed methane (CBM) project.
In a filing with Bursa Malaysia today, NuEnergy said the well is the first of four planned CBM wells under its Early Gas Sales Initiative, targeting initial gas sales of one million standard cubic feet per day (mmscfd).
A specially modified hydraulic drilling rig began drilling the TE-B06001 well on May 25.
"The TE-B06001 well will be drilled vertically to a planned depth of approximately 463 metres, targeting multiple coal seams between 288 metres and 400 metres.
"The well will be completed using an open-hole method - a proven technique optimised for gas recovery in CBM formations," it said.
NuEnergy said the drilling campaign reflects its commitment to delivering sustainable, cleaner energy solutions while supporting Indonesia's domestic gas supply strategy.
The successful execution of the TE-B06001 well will lay the groundwork for further development under Tanjung Enim POD 1 and validate the commercial potential of NuEnergy's CBM assets, it said.
Spanning about 33 square kilometres (km²) or 13 per cent of the total PSC area, the Tanjung Enim POD 1 has a planned production of 25 mmscfd, with reserves of 164.89 billion standard cubic feet, and has been certified by Indonesia's Research and Development Centre for Oil and Gas Technology, NuEnergy added.
"The Tanjung Enim POD 1 was approved by the Ministry of Energy and Mineral Resources in July 2021.
"As Indonesia's first commercial-scale CBM development, this project represents a strategic step toward achieving the country's energy transition goals through cleaner, unconventional gas sources," it said.
Its chairman, Bernard Kong, said the TE-B06001 well marks the beginning of a transformational journey, not just for the company, but also for Indonesia's gas sector as it moves towards cleaner, domestically sourced energy.
"With strong support from regulators and the local community, we are confident in delivering a project that meets both environmental and operational standards,' he said. - Bernama
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Glotec's unit begins drilling Indonesia's first commercial CBM well
KUALA LUMPUR: Globaltech Formation Bhd 's (Glotec) subsidiary, NuEnergy Gas Ltd, has commenced drilling operations for the TE-B06001 well at its Tanjung Enim Production Sharing Contract (PSC) Plan of Development 1 (Tanjung Enim POD 1) area. The well is located approximately 218 kilometres (km) from Palembang, South Sumatra, and it is NuEnergy's and Indonesia's first commercial coal bed methane (CBM) project. In a filing with Bursa Malaysia today, NuEnergy said the well is the first of four planned CBM wells under its Early Gas Sales Initiative, targeting initial gas sales of one million standard cubic feet per day (mmscfd). A specially modified hydraulic drilling rig began drilling the TE-B06001 well on May 25. "The TE-B06001 well will be drilled vertically to a planned depth of approximately 463 metres, targeting multiple coal seams between 288 metres and 400 metres. "The well will be completed using an open-hole method - a proven technique optimised for gas recovery in CBM formations," it said. NuEnergy said the drilling campaign reflects its commitment to delivering sustainable, cleaner energy solutions while supporting Indonesia's domestic gas supply strategy. The successful execution of the TE-B06001 well will lay the groundwork for further development under Tanjung Enim POD 1 and validate the commercial potential of NuEnergy's CBM assets, it said. Spanning about 33 square kilometres (km²) or 13 per cent of the total PSC area, the Tanjung Enim POD 1 has a planned production of 25 mmscfd, with reserves of 164.89 billion standard cubic feet, and has been certified by Indonesia's Research and Development Centre for Oil and Gas Technology, NuEnergy added. "The Tanjung Enim POD 1 was approved by the Ministry of Energy and Mineral Resources in July 2021. "As Indonesia's first commercial-scale CBM development, this project represents a strategic step toward achieving the country's energy transition goals through cleaner, unconventional gas sources," it said. Its chairman, Bernard Kong, said the TE-B06001 well marks the beginning of a transformational journey, not just for the company, but also for Indonesia's gas sector as it moves towards cleaner, domestically sourced energy. "With strong support from regulators and the local community, we are confident in delivering a project that meets both environmental and operational standards,' he said. - Bernama
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