Thailand

Coastal Energy Co., Houston, has spud the Phu Kheng-1 exploration well on Block L27/43 in northeast Thailand’s Khorat basin.

Jul 6th, 2009

By OGJ editors
HOUSTON, July 6
– Coastal Energy Co., Houston, has spud the Phu Kheng-1 exploration well on Block L27/43 in northeast Thailand’s Khorat basin.

Projected depth is 2,070 m subsea to target Jurassic and Triassic gas shows seen in the Dong Mun-3 appraisal well in Sinphuhorm field. The Phu Kheng formation has a mean gross prospective resource of 1.36 tcf. Coastal Energy has 36.1% working interest in the block.

The resource potential of L27/43 could be sufficient to encourage further gas sales infrastructure in the basin, Coastal Energy said.

The rig will then move to drill the Si-That-3 appraisal well in Block L13/48, in which Coastal Energy’s interest is 21.7%.

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