KrisEnergy moves closer to offshore Cambodia oil field development

KrisEnergy expects to sign a petroleum agreement for Cambodia’s offshore block A next week, allowing it to move forward with development of the Apsara oil field.

Offshore staff

SINGAPOREKrisEnergy expects to sign a petroleum agreement for Cambodia’s offshore block A next week, allowing it to move forward with development of the Apsara oil field.

The company says this will be a major step in establishing Cambodia as an oil-producing nation.

Elsewhere in the region, production from the company’s operatedWassana oil field in the G10/48 concession in the Gulf of Thailand averaged 4,650 b/d during the first half of this year. This was down on the corresponding period in 2016, but KrisEnergy plans to boost output later this year through an infill horizontal drilling program.

The company also plans to drill an appraisal well in the Wassana satellite development area north of the main Wassana field and an exploration well to the south of the Wassana production area, sharing the rig which will be used for the infill drilling.

Also during IH 2017, work began to install liquid handling facilities on Wassana’s mobile offshore production unit, designed to debottleneck the water separation process and increase capacity. The field underwent a three-day scheduled shut-in last month for commissioning of the equipment.

At the Nong Yao offshore oil field in the G11/48 concession, three new producer wells came onstream in mid-year, and three additional wells were cased ready to produce at a later date.

Three infill wells were also drilled during the period at the company’s non-operated B8/32 and B9A oil and gas complex in the Gulf of Thailand, with gross production averaging 27,217 b/d of crude oil and liquids and 120.5 MMcf/d of gas. Average working interest production for the period was 2,192 boe/d.

08/15/2017

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