Offshore staff
(Asia) - Singapore-based Pearl Energy Ltd has contractedENSCO 107 jackup rig from ENSCO Oceanics Co. for a 60-day exploration drilling program scheduled to start in March 2006 in the block B 5/27 contract area in the Gulf of Thailand.
The drilling program would comprise six exploration wells, three within the Jasmine production area, one well to the north and two wells to the south of the Jasmine production area, but all within block B 5/27, Pearl says in a statement.
The Jasmine oil field is producing 10,000 b/d from Platform A since June 2005. In August, Pearl approved the installation of a second platform, Platform B, approximately 3 km northwest of Platform A, and the installation of a third platform, Platform C, to be located 3.2 km south of Platform A.
"Given the success of our drilling and the establishment of the Jasmine producing infrastructure, we intend to explore oil prospects in the vicinity that can be quickly tied-in to the Jasmine Venture floating production, storage and offloading vessel via Platforms B and C," says Pearl's Chief Technical Officer Chris Gibson-Robinson.
"We plan six wells at present, but if successful, we will attempt to extend the drilling contract and drill one or more sidetracks from each surface location to establish the reserves of each prospect area such that additional platforms can be designed and installed."
10/18/05
