en.Wedoany.com Reported - Italian energy company Eni has successfully drilled for natural gas through the Geliga-1 exploration well in the Ganal Block of the Kutei Basin, located approximately 70 kilometers off the coast of East Kalimantan, Indonesia. Preliminary assessments indicate that this discovery holds an estimated 5 trillion cubic feet of natural gas in place and approximately 300 million barrels of condensate.

The exploration well was drilled to a total depth of about 5,100 meters in water depths of around 2,000 meters, encountering a significant gas column in the targeted Middle Miocene interval. Eni plans to conduct a drill stem test to further evaluate the reservoir's productivity.

The Geliga-1 discovery is Eni's latest achievement in the Kutei Basin, following the Geng North discovery in late 2023 and the Konta-1 well announced in December 2025. Eni operates the Ganal Production Sharing Contract (PSC) with an 82% interest, while Sinopec holds the remaining 18%.

The Ganal PSC is one of the 19 blocks that Searah, a joint venture announced by Eni and Malaysia's Petronas in November 2025, is set to receive. The transaction is expected to be completed in the second quarter of 2026. Preliminary evaluations suggest that the combined resources of Geliga and Gula could support an additional production of 1 billion standard cubic feet of gas per day and 80,000 barrels of condensate per day, with the potential to establish a third production hub in the Kutei Basin.

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