The well is designed to test both a material TAGI stratigraphic trap and a smaller TAGI structural closure. The North East Lakbir stratigraphic trap has updated mid case potential on a gross (100%) basis of 2.7 trillion ft3 GOIP (4.5 trillion ft3 GOIP upside case and a 1.5 trillion ft3 GOIP low case) with a Sound Energy internally estimated chance of success of 14%. TE-10 lies within the stratigraphic trap, located on a smaller structural closure which has a mid-case potential, on a gross (100%) basis, of 128 billion ft3 gas originally in place (‘GOIP’) (210 billion ft3 GOIP upside case and a 75 billion ft3 low GOIP case) with a Sound Energy internally estimated chance of success of 26%.
The well is expected to be drilling to a total depth at approximately 2200 m and is expected to take between 30 to 40 days.