KrisEnergy developing Wassana

KrisEnergy plans to develop the Wassana oil field beginning with drilling a new exploration well in Block G10/48 offshore Thailand.

Wassana well projection. From KrisEnergy.

The Rayrai-1 well is at a water depth of 170ft and is 2.25 km north of the Niramai oil discovery that was drilled in 2009. KrisEnergy is using the Key Gibraltar jackup to drill to 6382ft total depth to test the Early Miocene stacked fluvial sandstones on a north-south trending faulted basement high.

G10/48 covers 4696sq km over the southern section of the Pattani basin and contains three oil discoveries - Wassana, Niramai and Mayura. The company is developing the Wassana oil field using a mobile offshore production unit producing to a floating storage offshore loading vessel.

Upon completion of Rayrai-1, the Key Gibraltar will begin drilling up to 15 Wassana development wells. Production at Wassana is expected to begin in 2H 2015 and plateau at 10,000 b/d of oil.

KrisEnergy is the operator of G10/48 and holds 89% working interest with partner Palang Sophon Offshore (11%).

KrisEnergy’s Thai drilling campaign began in mid-March and was followed by a string of hits of oil and gas pay in the G6/48 license with the Rossukon series.

In April the company discovered 148ft of oil and gas pay at its Rossukon-3ST sidetrack well and 124ft of oil and gas was encountered at Rossukon-3.

In March, KrisEnergy hit at both Rossukon-2 and Rossukon-2ST finding 106ft and 140ft of oil and gas pay, respectively.

Read more:

KrisEnergy hits at final sidetrack

KrisEnergy begins Rossukon-3ST

KrisEnergy in third Thai discovery

KrisEnergy drills third Thai well

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