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Eni's big deep-water gas discovery bodes well for Indonesia

Italy’s Eni has made the biggest gas find globally by recoverable volumes this year in the deep waters offshore Indonesia. Assuming a gas recovery factor of 80%, it is a billion barrels of oil equivalent discovery and underscores the promising exploration potential in Southeast Asia’s deep waters, particularly Indonesia.

Eni's big deep-water gas discovery bodes well for Indonesia

On 2 October, Eni (NYSE: E) announced a major gas/condensate discovery in Indonesia's Kutei basin in waters 1,947 meters deep in the North Ganal Block. The deep-water Geng North-1 well hit a 50-meter gas...

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A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Energy News Bulletin Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Energy News Bulletin Intelligence team.

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