-- Eni (E) reported a major gas find at the Geliga-1 well offshore Indonesia on Monday, with estimated resources of about 5 trillion cubic feet of gas and 300 million barrels of condensate.
The well, drilled to about 5,100 meters in deep water, encountered a strong gas column, with testing planned to gauge output potential, Eni said.
The discovery adds to recent successes in the Kutei Basin, following earlier finds at Geng North in 2023 and Konta-1 in 2025, confirming strong resource potential, the company said.
Eni said the find supports ongoing developments tied to its North and South Hub projects, which include LNG infrastructure and floating production units to scale gas output.
The company is assessing fast-track development options, with combined nearby resources potentially producing up to 1 billion cubic feet per day, while further drilling and asset integration plans continue, Eni said.
The Geliga-1 find sits within the Ganal production sharing contract, where Eni operates with an 82% stake and Sinopec holds the remaining 18%, the company said.
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