Indonesia: PETRONAS makes oil discovery in East Java, Indonesia
Indonesia: PETRONAS makes oil discovery in East Java, Indonesia 26 Feb 2021 Hidayah-1 exploration well, located within the North Madura II Production Sharing Contract (PSC), offshore East Java, Indonesia. PC North Madura II is the operator with 100 per cent participating interest in the North Madura II PSC. The Hidayah-1 exploration well was spudded on 7 January 2021 and safely drilled to a depth of 2,739 metres. The well encountered an oil-bearing carbonate build-up with good reservoir qualities in the Ngimbang carbonate formation and tested at approximately 2,100 BOPD with good crude quali...