PTTEP Australasia has made a gas and condensate discovery with the Orchid-1 exploration well in permit AC/P54 in the Timor Sea.
Drilling began in January and reached a TD of 2,925 m (9,596 ft). The Orchid-1 well encountered gas and condensate with net pay thickness around 34 m (112 ft).
PTTEP said the result will be incorporated into development planning of the Cash-Maple field, which is estimated to contain 3.5 tcf of resources.
Source:offshore-mag
