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Jadestone Brings EBA-07ST1 Well Online at 2,800 bopd

Jadestone Energy has brought the EBA-07ST1 well online at 2,800 bopd at East Belumut, with the first two wells lifting field production by approximately 6,000 bopd.
Naga 8 (Image source: VELESTO)

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Jadestone Energy has brought the second well in its 2026 Malaysia infill drilling campaign into production at 2,800 bopd.

The EBA-07ST1 well follows the first well in the programme, which reached a peak production rate of approximately 3,200 bopd, as announced on 24 June 2026.

EBA-07ST1 was drilled approximately 13% below budget. The extended-reach well includes a 930 m horizontal reservoir section and reached a total measured depth of 5,473 m.

The well is the longest drilled to date at the East Belumut field, where Jadestone Energy holds a 60% interest. It exceeds the length of the first well in the 2026 campaign by 600 m.

With an ERD ratio of 4.1, EBA-07ST1 also set a Malaysia record for extreme-reach drilling, according to the company.

The first two wells have increased production from East Belumut by more than 150%, equivalent to an increase of approximately 6,000 bopd.

Following the results from the first two wells, Jadestone Energy proceeded with a third contingent well. Drilling and completion work on that well has recently concluded, with results to be announced later.

Editorial Note:
This article was prepared with the assistance of AI tools to enhance clarity and efficiency.
All information has been reviewed and verified by the HMT News editor.
Velesto Energy has terminated a drilling contract involving the Naga 8 jack-up rig in Malaysia. The rig remains deployed for Jadestone’s East Belumut Phase 9 project until July 2026.
Velesto has terminated the proposed sale of the Naga 3 jack-up rig to PT Indonesia Drilling Energy. The rig remains a Velesto asset after the agreement ended on 7 July 2026.
Maersk Training has opened a Kuala Lumpur training site with Velesto Energy Academy, offering simulation-based and accredited programmes for operators, drilling contractors and service companies.

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