Overview
- Eni said Monday it found a large gas field at the Geliga-1 well in the Ganal block offshore East Kalimantan with about 5 trillion cubic feet of gas and 300 million barrels of condensate estimated in place.
- The well reached roughly 5,100 meters in total depth in 2,000 meters of water, and a drill stem test is planned to confirm how much gas can flow from the reservoir.
- Energy minister Bahlil Lahadalia formed a special team and set a 2028 first-gas goal, saying the find could raise Eni’s Indonesia output to about 2,000 million cubic feet per day from around 700.
- Eni is weighing fast-track links to existing infrastructure, including the planned North Hub floating production ship and the Bontang liquefied natural gas plant, to shorten time to market.
- Initial assessments indicate the Geliga field combined with the nearby Gula discovery could add about 1 billion cubic feet of gas per day and 80,000 barrels of condensate per day, as the Ganal license shifts into the Searah joint venture expected to close in the second quarter of 2026.