Thailand: Bualuang field reserves increase

By OGJ editors
HOUSTON, Feb. 25
– Salamander Energy PLC reported large increases in proved and probable reserves at Bualuang oil field on the B8/38 license in the Gulf of Thailand, where it is preparing to start development drilling.

Consulting engineers analyzed field performance and modeled individual wells, revised proved reserves to 14.6 million bbl from 6.9 million bbl and upgraded proved and probable reserves to 27 million bbl from 19.5 million bbl. Salamander has 100% interest.

The license contains the field and several prospects. Salamander has the Ocean Sovereign jack up under contract until the end of June 2011 and is preparing to spud the first of six development wells with a goal of hiking production to 11,000 b/d from 8,200 b/d in 2010. Output could reach 15,000 b/d in 2013 from Bualuang alone.

Related Articles

Iraq: Kuwait Energy, Dragon Oil drilling well on Block 9

08/14/2014 An onshore exploration well being drilled on Iraq’s Block 9 has reached the first of its two targets, Dragon Oil PLC said in a statement posted on ...

Australia: Santos, Inpex get block near Ichthys field

06/17/2014 Santos Ltd. and Inpex have been awarded an 83 sq km block in Browse basin northwest of giant Ichthys gas-condensate field offshore Western Australia.

Indonesia: FMC lets contracts for Jangkrik umbilicals

06/12/2014 FMC Technologies Singapore Pte. Ltd., a subsidiary of FMC Technologies Inc., Houston, has let a contract to Oceaneering International Inc. for the ...

Eni farms into permit offshore South Africa

06/10/2014 Eni SPA has agreed to acquire 40% interest and operatorship in exploration right permit 236 (ER236) offshore South Africa’s east coast from Sasol P...

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected