Mitra Energy Limited (Mitra) has signed a Production Sharing Contract (PSC) with BPMIGAS for Block Bone, Bone Bay, offshore Sulawesi. The block, which covers 10,763 square kilometres, was awarded to Mitra as a result of the Indonesian Petroleum First Bidding Round Year 2010 (Direct Offer Tender). Mitra operates the PSC with 100% equity. The initial PSC [...]
ExxonMobil Exploration and Production Philippines B.V. today completed drilling operations on the Babendil-1 exploration well, with release of the West Aquarius rig. This completes a four well campaign in Philippines Block SC56, totaling approximately 280 operational days over the past 12 months, resulting in significant gas discoveries being made by the Dabakan-1 and Palendag -1A wells. [...]
The CGGVeritas’s Veritas Voyager moved to Block 46/07, offshore Vietnam to commence another 3D seismic survey for Mitra Energy Limited, after completing the survey in Block 51 yesterday. A total of 323.7km² of data was acquired in Block 51. The Block 46/07 survey, which started today, will acquire a total of 300km² of commitment 3D data [...]
The CGGVeritas’s Veritas Voyager moved to Vietnam to commence another 3D seismic survey for Mitra Energy Limited, after completing the NE Natuna 3D seismic survey in Indonesia. The survey, that started today, will acquire a total of 320km² of data in Block 51 and is expected to be completed in early October, 2010.
Titan Resources (Natuna) Indonesia Limited, wholly owned subsidiary of Mitra Energy Limited, today completed the 3D seismic survey over Block NE Natuna, offshore Indonesia. The survey, which commenced on 8th July 2010, acquired a total of 714km² of data using CGGVeritas’s Veritas Voyager.
Mitra Energy (Indonesia Sibaru) Limited today released the Trident IX drilling rig after drilling exploration well Mojo-1 in the Sibaru Block. The well was plugged and abandoned as dry hole after reaching a total depth of 5920 feet. Mitra Energy (Indonesia Sibaru) Limited operates and holds a 60% interest in the Block Sibaru PSC.
ExxonMobil Exploration and Production Philippines B.V today spudded exploration well Babendil-1 in Philippines SC-56, deepwater Sandakan Basin, using West Aquarius drilling rig. The well is being drilled immediately following completion of drilling operations on the Palendag-1 well. Mitra Energy (Philippines SC-56) Limited has elected not to participate in the Babendil-1 well.
During the 2Q earnings 2010 conference call with financial analysts on 29th July 2010, ExxonMobil said: “We drilled our 3rd deepwater well in the exploration block SC56 in the Sandakan Basin in the Sulu Sea and have made another gas discovery”
Mitra Energy (Indonesia Sibaru) Limited today spudded the exploration well Mojo-1 in the Sibaru Block using Trident IX drilling rig. The well, the first well to be drilled by Mitra Energy Limited as Operator, is situated in a water depth of 62.7m (206ft) in the East Java Sea. The well is planned to be drilled to [...]