Pearl brings wells on stream off Thailand

June 10, 2005
Pearl Energy Ltd., Singapore, has brought on stream three wells in Jasmine oil field on Gulf of Thailand Block B 5/27.

By OGJ editors

HOUSTON, June 10 -- Pearl Energy Ltd., Singapore, has brought on stream three wells in Jasmine oil field on Gulf of Thailand Block B 5/27.

The wells flowed at an initial combined rate of 2,000 b/d of oil. Pearl estimates Jasmine's 2005 total production at 1.632 million bbl of oil.

Pearl is completing nine other development wells in the area. It also is evaluating data from a series of delineation wells in the field to assess the hydrocarbons in place and to determine if installation of one or two additional production platforms is warranted.

Pearl acquired the 1,931-sq-km block from Harrods Energy Thailand Ltd. in January 2004.