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KrisEnergy announces completes G10/48 Montha-1 exploration well

Gasoil News - Published on Tue, 27 Nov 2018

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KrisEnergy Ltd announced an update on the drilling of the Montha-1 exploration well in the reservation area of the G10/48 licence in the Gulf of Thailand. Montha-1, which was drilled by the Mist jack-up rig, reached a total depth of 10,396 feet measured depth rotary kelly bushing (“RKB”) (-9,138 feet true vertical depth subsea). No significant hydrocarbon shows were detected in the target reservoirs. The well is located at a water depth of 172 feet (52.4 metres) and lies approximately 15 km westnorthwest of the existing Wassana oil field.

The Mist jack-up rig, which is owned and operated by Borr Drilling Management DMCC, will complete operations at the Montha-1 well and will subsequently mobilise to the Wassana production area, where three firm infill development wells are planned plus one contingent well.

The G10/48 contract area covers 1,525 sq. km over the Southern Pattani Basin in water depths of up to 60 metres. The Gulf of Thailand is a core operational area for KrisEnergy. The Company has a working interest in the B8/32 producing licence and operates G10/48 as well as G6/48, which contains the Rossukon oil development project. The Company also operates Block A across the maritime border in Cambodian waters, where it is developing the Apsara oil field.

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Posted By : Joykumar Irom on Tue, 27 Nov 2018
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