KrisEnergy completes Gulf of Thailand drilling

Singapore’s KrisEnergy completed development drilling in the G10/48 and the G11/48 licenses in the Gulf of Thailand.

The G10/48 license is located in the Wassana oil field, which comprises 13 producer wells and one water disposal well, the Ingenium mobile offshore production unit and the Rubicon Vantage floating, storage and offloading (FSO) vessel.

Gross production at the field hit a peak at approximately 12,800 b/d, above the original forecast of a plateau rate at 10,000 b/d and was running at a plateau of 11,000 b/d in early 2016.

Also in the Gulf of Thailand, KrisEnergy completed development drilling in the Nong Yao oil field in G11/48 in November 2015. The field comprises 14 producer wells and two water disposal wells, a wellhead processing platform and a minimum facility wellhead platform with the export of crude via a FSO vessel. The field reached a peak rate of approximately 11,400 b/d and was running at a plateau of 10,000 b/d in early 2016.

A total of 52 wells were drilled in the B8/32 & B9A oil and gas producing complex in 2015 and one gas platform was installed and brought into production.

An increase in wireline zonal recompletions boosted output throughout Q4 2015 and in January 2016, oil production exceeded 30,000 b/d, the highest level since May 2014. Gas production also increased in January 2016 to 148 MMcf/d, a rate not achieved since June 2012.

In addition, an average production at the Bangora gas field in Block 9 was consistently above 100 MMcf/d in 2015, dipping marginally below in October 2015 following a 2.5 day-stoppage for maintenance.

Two development wells that were deferred from 2015 are scheduled to be drilled in mid-2016.

Illustration of Wassana, from KrisEnergy.

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