AA+
4
Positive
While Indonesia remains a difficult location in which to operate, the improving governmental attitude towards inviting new participants remains one of the key features.
June 18, 2024
Asia - South East
Onshore & Offshore
Gas
The KBB forms part of a regressive clastic wedge sourced from uplifted areas in western Borneo. Clastic sediments of this wedge prograded to the east and southeast within fluvial-deltaic and marginal marine environments with extensive coals. The extent, thickness, and thermal maturation of coals have been documented in the Basins. Drilling and testing for mostly coalbed gas has occurred in the Barito Basin Province, where coals of the Miocene Warukin Formation are the primary exploration target. The primary coalbed gas reservoirs in the Kutei Basin are coals of the Miocene Balikpapan Formation, which have not been drilled or tested to the extent of Warukin coals in the Barito Basin.
While there has been significant historic exploration in the Basin, interest has been reinvigorated more recently by the improvements in the regulatory regime.
Source: ESRI, BGS, USGS & OGA data
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