Monday, September 7, 2009

Oil and Gas field in Timor Leste onshore

Bunch of friends asked me through the email and asking whether the onshore reserve in Timor Leste is economical to extract. To answer that I rushed to looked some of the fact on the onshore acquittance data and with the data provided it is hard to tell the exact quantity of the oil and gas reserve in the land of Timor Leste's territory. But based on my knowledge it is worthy if we do again the seismic survey to identify the trap or fault of the rock or structure of the formation in order to enable us to interpret it, and I am sure the survey has been done included with seismic data but as not in the team so it is hard to tell.

By referring the report from the Government of Timor Leste that in Ailembata field there were oil and gas seep as well as in Suai, with this rough idea we could anticipate that the oil and gas field in the onshore of Timor Leste, probably small field because the seep oil and gas that at the surface, because the formation doesn't hold enough seal to isolate the oil and gas at the earth beneath/crust so that oil or gas cannot be migrated at the surface and with that it is hard to tell that our onshore can have significant oil and gas reserves.

But this is not a conclusion but certainly the survey need to be done to acquire and test the data at an adequate approach and we shall come up with a conclusion.
But I think there is must something to be done.