Coastal hits again at Bua Ban

Close on the heels of its first successful wildcat well offshore eastern Thailand, Coastal Energy reports the second exploration well in Bua Ban North also succeeded.

Offshore staff

HOUSTON – Close on the heels of its first successful wildcat well offshore eastern Thailand, Coastal Energy reports the second exploration well in Bua Ban North also succeeded.

The B-02 well encountered 62 ft (19 m) of net Miocene pay with 26% porosity on its way to TVD of 6,513 ft (1,985 m). It also tested the Eocene and found 150 ft (45 ¾ m) of net sand with 19% average porosity.

The B-02 is cased and suspended pending the arrival of testing equipment. Conductor pipe has been set on the B-03 well, which is testing the Miocene in a separate fault block due east from the B-02 well, says Coastal.

05/10/2011

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