SINGAPORE (Yosefardi) – Drilling of KM-607 well at Kampung Minyak oil field is expected to be completed in two weeks time.
Mirach Energy Ltd informed stock exchange of Singapore yesterday that the drilling team has drilled the first section of the well down to a depth of 122 meters of the targeted drilled depth of 450 meters.
Mirach commenced the new drilling program of new infill wells at Kampung Minyak on August 9, 2013.
Kampung Minyak field, located in South Sumatra, is a mature field and contains about 65 million barrels of original oil in place. PetroChina’s Daqing Enterprise provides oil field production and engineering services for the field.