# Eni disclosed a major gas discovery on Monday at the Geliga-1 well in Indonesia's Kutei Basin.

*biotech · news · 2026-04-20 · Benzinga*

## Key points

- Eni discovered about 5 Tcf of gas and 300 million barrels of condensate at Geliga-1.
- The Geliga-1 well encountered strong reservoir quality at 5,100 meters depth in the Kutei Basin.
- The discovery supports Eni’s North Hub project, integrating new FPSO and existing LNG infrastructure.
- Eni’s Geliga find unlocks strategic gas volumes targeting both Indonesian and international markets.
- Eni’s stock remains in a longer-term uptrend, backed by strong momentum and value scores.

**Companies:** Eni
**Countries:** Indonesia

[Read the full story on Benzinga](https://www.benzinga.com/markets/large-cap/26/04/51916802/italian-oil-gas-major-eni-announces-significant-kutei-basin-discovery)

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