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OIL & GAS

Overview

 

 

TREMBUL BLOCK

 

Commissioned by PT Pertamina EP in 2016 for the oil and gas production of petroleum in the Trembul Operation Area (“Area”). According to a Qualified Person’s Report (QPR) conducted in 2015, the Area is 47.6 sqkm wide and is estimated to have approximately 24.3 million stock tank barrels of contingent resources at depths up to 800 meters.

To date, a total of 2 wells have been drilled by GSS Energy at the Area and made multiple layers of hydrocarbon discovery. Pertamina has approved to perforate the gas layers to monetize the gas. An estimated total flow rate of 3.5 MMSCFD of gas (equivalent to about 630 barrels of oil per day) to produce from the two wells.

Bloral Regency in Central Java Province, Indonesia