KrisEnergy Ltd. reported that the jackup Key Gibraltar (300' ILC) has commenced drilling of the Rossukon-2 exploration well in G6/48 in the Gulf of Thailand, where the Rossukon oil accumulation was discovered in 2009.

Rossukon-2 lies 0.62 mile (1 kilometer) northeast of the Rossukon-1 discovery well. The well is planned to reach total depth at 5,462 feet (1,665 meters) measured depth (minus 4,925 feet total vertical depth subsea) and will test Early Miocene stacked fluvial sandstones on a broad structural high.

The well will also appraise the Rossukon-1 reservoir, which tested 850 barrels of oil per day, and is designed to identify additional volumes of oil that could move the discovery closer to commercial development. Water depth at the Rossukon-2 well location is 210 feet.

Tags: KrisEnergy Ltd.