Salamander Energy says that the first four wells of the current sixteen well development drilling programme on the Bualuang oil field, Gulf of Thailand are now in production and have been performing ahead of pre-drill expectations. The wells are all being drilled from the Bravo platform using the Atwood Mako rig.

Bualuang Development Drilling

The four wells completed to date are the BB-01H, BB-04H, BB-06H and BB-10H wells. All the wells have been drilled horizontally into the T4 Miocene sandstone reservoir, encountering between 495 m to 530 m of pay, with excellent reservoir properties of 27% - 33% porosities and 85% - 99% net to gross ratios. The wells have been completed using standalone screens and electric submersible pumps. The average time for drilling, completion and production handover for each well has been 21 days.

The performance to date has been excellent and individual well deliverability is ahead of pre-drill expectations. Year to date production for the Bualuang field has averaged 10,531 barrels of oil per day ("bopd"). Average daily production in 2012 was c. 7,200 bopd and the full year production rate in 2013 is forecast to be between 11,000 and 14,000 bopd, representing a minimum of a 50% increase in production year on year.

Tags: Salamander Energy