By OGJ editors
HOUSTON, July 28 -- Tap Oil Ltd. expects first production in 2014 from the Manora oil field on the G1/48 concession in the Gulf of Thailand, according to a recent company presentation.
The development timeline includes a concept selection by yearend and a final investment decision in 2012.
Tap Oil notes that the likely concept is a production and processing platform in about 50 m of water connected to a floating storage and offloading vessel.
The company estimates that the field holds 24 million bbl of oil and will produce at a peak rate of about 15,000 bo/d from reservoirs at 1,600-2,200 m.
Well Manora 1 discovered the field in 2009 and two wells, Manora 2 and 3 appraised the field in 2010. Another appraisal well in 2010, Manora 4, was drilled beyond the field limits (OGJ Online, Oct. 25, 2010).
Three well tests in Manora-1 flowed at a cumulative 9,000 bo/d.
Operator Pearl Energy holds a 60% interest in the field with the remaining interest held by Northern Gulf Petroleum Pte. Ltd. 40%. Tap Oil has a 75% interest in Northern Gulf Petroleum and Pearl Energy is a unit of Mubadala Oil & Gas.
Rendering from Cedar LNG.
US Government Accountability Office.
