As the continuity of the results of the OPL Texcal Mahato approval in May 2022, In accordance with the commitments in OPL, in this July there are several progress that has been achieved. PB-18 well was completed with excellent safety record with zero accident & incident, zero LTI, zero fatality, zero major fire and zero environmental issue. And also was successfully delivered five days faster than the AFE planned due to faster ROP and effective drilling operation management. And Alhamdulillah the initial production of this well around 1038 BLPD within 6% water cut, so the net crude production is 975 BOPD.
Due to Texcal’s aggressivity and commitment, Well PB-17 was successfully spudded as per per plan on 8th July 2022. Currently, drilling operation is still in progress, and hopefully get the result the same or better from the previous.