PT Pertamina Cepu, a subsidiary of upstream oil and gas company PT Pertamina Hulu Energi (PHE), discovered gas potential in the Tedong (TDG)-001 well located in North Morowali, Central Sulawesi.
The well was drilled to a depth of 2,448 meters MD and after a flow test, the layer content was proven to have 163 meters of hydrocarbons, with a gas content of 15 million cubic feet per day (MMSCFD), and 185 barrels of condensate per day (BCPD).
The drilling of the Tedong well is a series of drilling in the frontier area as well as economic development in the Eastern Indonesia region.
Previously, drilling was carried out in the East Wolai, West Wolai and Julang Emas wells. This exploration drilling is expected to prove the potential for oil and gas resources in the Minahaki Formation Limestone and Tomori.
Muharram Jaya Panguriseng, PHE Exploration Director, expressed hope that this discovery can increase energy supply for a minimum period of 15-20 years in order to support industrial needs in the region and to resemble the Donggi Field in the future.
“This is in line with the increasingly aggressive exploration strategy, especially in the Eastern Indonesia area which still holds promising potential. At the same time, it provides a significant contribution to national energy security and Sulawesi,” Muharram said on Friday, October 4, 2024.
Wiko Migantoro, Deputy President Director of PT Pertamina, said that Pertamina is paying primary attention to domestic exploration activities.
Through an investment allocation of US$390 million (Rp6.12 trillion) in 2024, including the discovery of tedong, Sulawesi can become a domestic gas industry cluster like East Kalimantan.
Fadjar Djoko Santoso, Vice President for Corporate Communication at PT Pertamina said that Pertamina will continue to explore to find new sources of reserves, both domestically and abroad to strengthen national oil and gas reserves.
“The discovery of this exploration well will support Pertamina’s efforts to realize national energy security,” Fadjar said.