Mubadala developing oil field offshore Thailand
Mubadala Petroleum expects to produce 10,000 b/d of oil from the first phase of development of Nong Yao field in the southern Gulf of Thailand.
The company has let a contract to Nippon Steel and Sumikin Engineering Co. Ltd. for engineering, procurement, construction, installation, and commissioning of Nong Yao platforms.
Development includes a wellhead processing platform and a minimum-facility wellhead platform with interconnecting pipelines to a floating storage and offloading vessel. Production capacity will be 15,000 b/d.
In the initial phase of development, Mubadala plans to drill 23 wells. It expects production to begin in mid-2015.
The field, discovered in 2009, is about 165 km offshore in 75 m of water. Pay is Oligo-Miocene fluvio-deltaic sandstone.
The company operates 6,791-sq-km Block G11/48 with a 75% working interest. KrisEnergy Ltd., an independent producer based in Grand Cayman with interests in Southeast Asia, holds a 25% interest.
Mubadala and KrisEnergy are partners with the same interests in Block G10/48 west of G11/48, where they are considering development of an oil discovery called Wassana. Water depths on the 4,696-sq-km block reach 60 m.
