Eni Advances Indonesia Gas Development Plans After Successful Geliga-1 Well Test

MT Newswires Live05-07

Eni's (ENI) Geliga-1 offshore Indonesia discovery delivered strong drill stem test results, confirming robust reservoir productivity and underscoring the strategic significance of the Kutei Basin, the company said Thursday.

During testing, the well flowed at up to 60 million standard cubic feet per day, constrained by rig capacity and with minimal pressure drawdown. Eni estimates the well could sustainably produce about 200 MMSCFD of gas and 10,000 barrels per day of condensate.

Eni drilled Geliga-1 in the Ganal Block about 70 km offshore East Kalimantan in roughly 2,000 meters of water, encountering a major Miocene gas column estimated to contain about 5 trillion cubic feet of gas and 300 million barrels of condensate in place, it said.

Eni, which operates the Ganal PSC with an 82% stake alongside Sinopec's 18%, plans to transfer the asset to its proposed Eni-PETRONAS joint venture, Searah, which is expected to close in Q2 2026, it added.

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