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Eni Announces Giant Gas Discovery Offshore Indonesia
The find adds to Eni’s Indonesia exploration push and could support faster development using nearby infrastructure, with 5 Tcf of gas in place, the company said.
- On Monday, Italian energy group Eni announced a major gas discovery at the Geliga-1 well in Indonesia's Kutei Basin, holding an estimated 5 trillion cubic feet of gas and 300 million barrels of condensate.
- The discovery strengthens Eni's successful exploration track record in the Kutei Basin, following the Geng North giant discovery in 2023 and the recent Konta-1 well, while sitting adjacent to the undeveloped Gula gas field.
- Geliga-1 sits at a depth of around 5,100 meters, with Eni operating the Ganal block with an 82% interest while Sinopec holds the remaining 18%.
- Indonesia's Energy Minister Bahlil Lahadalia formed a special team to accelerate development, targeting production to start in 2028 to boost Eni's Indonesian gas output.
- This block is part of a 19-block portfolio contributing to Searah, a joint venture between Eni and Petronas expected to close in 2026, with three additional exploration wells planned through 2027.
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The Italian energy group Eni has announced the discovery of a major gas deposit in Indonesian waters, whose preliminary reserves are estimated to be about 140 billion cubic meters of gas 'in situ'. The well is located in the Ganal block, within the Kutei basin, about 70 kilometers from the East Kalimantan coast, and drilling operations reached a total depth of 5,100 meters, in a water sheet of approximately 2,000 meters. Eni operates the Ganal b…
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Total News Sources14
Leaning Left1Leaning Right0Center3Last UpdatedBias Distribution75% Center
Bias Distribution
- 75% of the sources are Center
75% Center
L 25%
C 75%
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