Manora oil field development off Thailand progresses

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.

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.

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