Mubadala Energy reported a significant gas discovery at the Layaran-1 Exploration well located in South Andaman, approximately 100 kilometres off the coast of North Sumatra, Indonesia.
Mubadala Energy is the operator of the South Andaman Gross Split PSC, and this is the first deepwater well operated by the company, drilled to a depth of 4,208 metres in 1,207 metres of water depth.
The well encountered an extensive gas column with a thickness of over 230 metres in an Oligocene sandstone reservoir. A complete data acquisition was conducted, including wireline, coring, sampling and production test (DST). The well successfully flowed over 30mmscf/d of excellent gas quality.
Holding an 80% working interest in South Andaman, Mubadala Energy is the area’s largest net acreage holder. This discovery aligns with the company’s gas-focused strategy and reduces the risk associated with the region’s potential multi-trillion cubic feet (TCF) gas resources. It lays the groundwork for future organic growth and further exploration drilling activities scheduled for 2024.
“With our strategy to expand our gas portfolio to support the energy transition, this development offers material commercial opportunities and adds momentum to our strategic growth story,” said Mansoor Mohamed Al Hamed, CEO of Mubadala Energy. “This is not only a significant development for Mubadala Energy but a huge milestone for Indonesia’s and Southeast Asia’s energy security.”
This recent gas discovery marks Mubadala Energy’s second consecutive success in the Andaman area, following the success of Timpan-1 in Andaman-II and Cengkih-1 in SK320, Malaysia.
