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Eni has announced a major gas discovery at the Geliga-1 exploration well in the Ganal block offshore East Kalimantan.
Eni's Geliga-1 well discovery holds about 5 Tcf of gas and 300 million barrels of condensate.
KEY POINTS
- Geliga's proximity to existing infrastructure could enable faster, cheaper development and a third production hub.
- Combined Geliga and Gula resources may add 1 bscfd gas and 80,000 bpd condensate output.
- The discovery will be integrated into Searah, Eni and Petronas' new joint venture closing in Q2 2026.
- Eni plans further Kutei Basin exploration, aiming to establish it as a major gas growth region.
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