KrisEnergy finalizes development concept for Wassana
KrisEnergy Ltd. has finalized a development concept for the Wassana projec.
Once submitted, the company secured theKey Gibraltar jackup for six months to drill up to 15 development wells in Wassana, and a minimum of six exploration wells in the G10/48 and G6/48 licenses.
KrisEnergy also contracted a mobile offshore production unit to serve as the oil processing facility for the field, with first oil expected in 2H 2015. Production is anticipated to peak at 10,000 b/d.