MEO Provides Update on Gurame SE-1X Well, Indonesia

MEO Provides Update on Gurame SE-1X Well

MEO Australia Limited announced that the Hercules #208 rig arrived at the Gurame SE-1X location on Friday.

The well was spudded at 0600 local time on 23rd September after the 30” conductor was driven to 57m below mud line. A precautionary 8½” pilot hole was drilled to a depth of 202mMDRT (measured depth below rotary table) and at 0600 this morning had been opened to 26” to a depth of 144mMDRT. Hole opening to 26” will continue to 202mMDRT where 20” surface casing will be run and cemented.

MEO’s CEO and MD Jürgen Hendrich commented on the announcement: “The safe arrival of the rig at the Gurame SE-1X location and spudding the well are significant milestones. Gurame is a significant discovered resource with the potential to move rapidly into commercial development pending a successful outcome in this well.“

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LNG World News Staff, September 24, 2012; Image: MEO