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Eni Strikes Gold: Massive Gas Find Off Indonesia
10 Dec
Summary
- Eni discovered significant gas reserves in the Konta-1 well.
- Initial estimates suggest 600 billion cubic feet of gas.
- The discovery supports Eni's plans for further drilling in 2026.
Italian energy giant Eni has reported a major gas discovery from its Konta-1 exploration well situated in the Muara Bakau production sharing contract area, approximately 50 kilometers off the coast of East Kalimantan, Indonesia. The find in the Kutei basin is substantial, with initial estimates of 600 billion cubic feet of gas in place, and an exciting potential to surpass 1 trillion cubic feet.
The Konta-1 well successfully tapped into four distinct Miocene-age sandstone reservoirs, demonstrating favourable petrophysical properties. A production test yielded impressive flow rates, indicating a significant multi-pool gas potential. This discovery aligns perfectly with Eni's strategic approach to near-field exploration in the Kutei basin, leveraging geological insights and advanced technologies.
This significant discovery is a key step for Eni, reinforcing its exploration strategy and supporting plans to drill four additional wells in the Kutei basin during 2026. The success at Konta-1 highlights the value of Eni's existing projects and facilities in the region.
