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March 17, 2015

KrisEnergy spuds Rossukon-2 exploration well in Gulf of Thailand

Oil and gas firm KrisEnergy has spudded its Rossukon-2 exploration well in G6/48 in the Gulf of Thailand.

Oil and gas firm KrisEnergy has spudded its Rossukon-2 exploration well in G6/48 in the Gulf of Thailand.

Shelf Drilling’s Key Gibraltar jack-up rig is being used to drill the well at 5,462ft measured depth. Water depth at the location is 210ft.

Rossukon-2, which is 1km northeast of the Rossukon-1 discovery well, will identify Early Miocene stacked fluvial sandstones on a broad structural high.

The well will also appraise the Rossukon-1 reservoir, which tested 850 barrels of oil per day. It will find further volumes of oil that could move the discovery near to commercial development.

"KrisEnergy is focused on the exploration, development and production of oil and gas in the basins of Southeast Asia."

G6/48 covers 566km² in the Karawake basin, on the southern margin of the Pattani Basin and the north-west margin of the Malay Basin.

It lies to the north of the G10/48 license, where KrisEnergy is developing the Wassana oil field.

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KrisEnergy took charge of G6/48 operations in May 2014. The company owns a 30% stake in the concession, while Northern Gulf Petroleum and Mubadala Petroleum hold 40% and 30% interests respectively.

The Key Gibraltar rig was contracted in June 2014 for a firm six months for KrisEnergy’s Thai drilling programme, which also includes 15 development wells in the Wassana field.

KrisEnergy is focused on the exploration, development and production of oil and gas in the basins of Southeast Asia.

The company owns stakes in 19 licences including those in Bangladesh, Cambodia, Indonesia, Thailand and Vietnam, covering around 65,049km².

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