By an OGJ correspondent
BANGKOK, July 6 -- PTT Exploration & Production PLC (PTTEP) of Thailand has revived oil production from Nang Nuan field in the Gulf of Thailand with an initial flow rate of 3,100 b/d.
Former operator Thai Shell Exploration & Production Co. suspended Nang Nuan production in 1997 because of water intrusion. At peak, the Nang Nuan B01 well produced 12,000 b/d. PTTEP acquired the block in late 2003.
PTTEP hopes to ramp up output to as much as 5,000 b/d by yearend from the single well about 25 km off Chumphon Province.
Next year, the company plans to drill two exploration and production wells on B6/27, the 1,306 sq-km block on which Nang Nuan is located.