Abu Dhabi’s Mubadala Energy confirms major gas discovery in Indonesia’s Layaran-1 Exploration well

Abu Dhabi’s Mubadala Energy confirms major gas discovery in Indonesia’s Layaran-1 Exploration well

Dubai: A 'significant' gas discovery has been made in Indonesia, according to Mubadala Energy, the Abu Dhabi headquartered entity. This is from the Layaran-1 Exploration well - drilled in South Andaman and about 100 kilometres offshore North Sumatra, Indonesia.

Mubadala Energy is the operator of the South Andaman Gross Split PSC. This is the first deep water well operated by the company (drilled to a depth of 4,208 meters in 1,207 meters water depth).

The 'well encountered an extensive gas column with a thickness of over 230 meters in an Oligocene sandstone reservoir', Mubadala Energy said in a statement. "A complete data acquisition including wireline, coring, sampling and production test (DST) were conducted. The well successfully flowed over 30mmscf/d of excellent gas quality."

With an 80 per cent working interest in South Andaman, Mubadala Energy is the 'largest net acreage holder' in the area.

"The positive outcome from the Layaran-1 discovery will de-risk multi-TCF of prospective gas resources in the area'< the statement said. And does provide a 'foundation for future organic growth and additional exploration drilling activities in 2024'.

Mansoor Mohamed Al Hamed, CEO, Mubadala Energy, said: “With our strategy to expand our gas portfolio to support the energy transition, this development offers