UK-based Salamander Energy is currently preparing its Far East well, located in licence B8/38 in the Gulf of Thailand, for a drill stem test.
The well has been drilled to a total vertical depth sub-sea (TVDSS) of 1,396m and intercepted a 25m section of excellent quality T5 Miocene sandstones, Salamander said.
The sandstones, on further inspection of wire line logs, were interpreted to be water-wet with no evidence of hydrocarbon saturation.
Salamander Energy deepened the drill test to examine the secondary objective, penetrating a conglomeratic section overlying the Ratburi carbonates from 1,348m TVDSS to current total depth.
The company said that oil shows were observed at 1,366m TVDSS and severe mud losses were experienced from 1,370m TVDSS.
Drilling data revealed zones of potential oil pay in highly porous section from 1,365m to current TD. The Far East well is currently being stabilised ahead of undertaking a barefoot DST.