RH Petrogas Ltd. gave an update in a press release on its Zircon-1 exploration well, located in the Salawati Kepala Burung production-sharing contract (PSC) in Indonesia.

Zircon-1 reached its total vertical depth of 1,525 m (5,003 ft), and logging operation has since commenced. The well encountered oil shows during drilling in the Kais formation and was deepened from the original planned total vertical depth of 1,205 m (3,953 ft) to assess the deeper potential, according to the release. Production testing will follow if log analysis confirms the presence of hydrocarbon zones.

After completion of Zircon-1, the rig will move to drill the Koi-2 appraisal well as announced on Sept. 5, the company said.

The company, through its wholly owned subsidiaries Petrogas (Island) Ltd. and RHP Salawati Island BV, has an aggregate 33.21% working interest in the Island PSC, according to the press release. The other partners in the Island PSC are PetroChina International Kepala Burung Ltd. (16.79%) and PT Pertamina Hulu Energi Salawati (50%). The Island PSC is operated by JOB Pertamina-PetroChina Salawati, which is a joint operating body formed between Pertamina and PetroChina. The consortium, as contractor of the Indonesian government, operates under the supervision of SKK Migas.