KUALA LUMPUR: Globaltec Formation Bhd’s unit, NuEnergy Gas Ltd, has commenced drilling operations for the TE-B01003 well at its Tanjung Enim production sharing contract or PSC plan of development one (Tanjung Enim POD 1) contract area.
In a filing with Bursa Malaysia yesterday, the independent clean energy company said the TE-B01003 well is the final of four planned coalbed methane (CBM) wells under NuEnergy’s Early Gas Sales Initiative, which targets initial gas sales of a million standard cubic feet per day (mmscfd).
“The TE-B01003 well will be drilled vertically to a planned total depth of approximately 473 m, targeting multiple coal seams located between 295 and 420 m.
“The well will be completed using an ‘open hole’ method – a proven technique optimised for gas recovery in CBM formations,” it said.
NuEnergy said the TE-B01003 well is located close to the TE-B06003 well, enhancing reservoir connectivity and maximising productivity.
It said the drilling of the first three wells, TE B06001, TE B06002 and TE B06003, has been completed, and the dewatering process is ongoing.
“The water levels are decreasing at a controlled speed, and gas pressures are building steadily as expected,” it said. —Bernama
