Dateline 2013-03-11, Oil & Gas Financial Journal:
Lundin Petroleum has discovered oil in the Ara-1 well that was drilled in Block PM308A, offshore Peninsular Malaysia.
Ara-1 was drilled to a total depth of 13,221 feet by the jackup West Courageous (350′ ILC) in 246 feet water depth. The objective of the well was to target the extension of the Paleogene intra-rift oil sands that had been encountered in the Janglau-1 well drilled by Lundin in 2011.
Ara-1 encountered 9 thin oil-bearing sands in a high-pressured intra-rift section extending over a vertical interval of 2,624 feet.
The well confirmed the extension of the new intra-rift oil play across a very large structural complex in the northeast of PM308A below a major regional seal. The well also found effective sand reservoirs at depths below 11,482 feet. The oil pay zones intersected by Ara-1 were however individually thinner than pre drill expectation.
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Posted by Wata 