Salamander reports higher productivity from Bualuang Miocene well offshore Thailand

Salamander Energy says eight development wells have been completed and brought onstream from the new Bualuang Bravo platform in the Gulf of Thailand.

Offshore staff

LONDONSalamander Energy says eight development wells have been completed and brought onstream from the new Bualuang Bravo platform in the Gulf of Thailand.

Seven were drilled into the Miocene-age T4 sandstone reservoir, the field’s main producing unit, with the other completed in the T2 reservoir unit underlying T4. That well has delivered 3,000 b/d of dry oil since start-up, much higher than the T4 wells. Salamander plans to drill a second T2 producer before the rig leaves the platform to drill exploration prospects in the G4/50 license.

Total daily production from theBualuang field this month has been 14,300 b/d. Other initiatives continue to reduce the field’s long-term operating costs by up to 30%. Construction of new power modules and processing facilities is more than 50% complete and these will be delivered to the field by the first half of next year.

Additionally, Salamander has signed an agreement to take Teekay Offshore’sNavion Clipper on a 10-year contract starting in 2H 2014; the vessel will be converted to a floating, storage, and offloading unit (FSO).

In G4/50, the company has identified more than 60 prospects and leads, based on 5,000 sq km (1,930 sq mi) of 3D seismic data over the license. In mid-June exploration drilling will start using the jackupAtwood Mako. The program could include wells on the Rayong and Surin prospects. Both are said to have multiple step-out drilling targets for follow up in the event of a discovery.

In the south of Indonesia’s offshore Kutei basin, Salamander is a partner in the Tayum-1 exploration well, which is due to spud soon. This will target 50 bcf (1.4 bcm) of gas in a prospect adjacent to theDambus discovery. The operator already has 73 bcf (2.1 bcm) on the block and a success at Tayum could lead to a development.

5/20/2013

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