Mubadala Petroleum begins Manora field drilling
Oil and gas company Mubadala Petroleum has begun a drilling program in the G1/48 concession in the Northern Gulf of Thailand.
The G1/48 concession, containing the Manora oil field, is located in the Gulf of Thailand where Mubadala is the operator with a 60 percent interest. The remaining interest is held by Tap Energy (30 percent) and Northern Gulf Petroleum (10 percent).
Tap Oil, a partner in the field, said on Wednesday that Mubadala began the drilling of two development wells and an exploration well using the Atwood Orca jack-up drilling rig.
According to the company, the MNA-18 and MNA-19 infill wells were planned to develop proved undeveloped reserves and will be drilled to measured depths of 3,107m and 2,366m respectively.
They will be completed with electric submersible pumps (ESPs), with drilling and completion planned to take approximately 21 days for each well on a trouble-free basis. The two development wells are expected to increase Manora production performance.
The joint venture is also intending to drill an exploration well to test the L-Prospect in the Manora production license area after the conclusion of the two development wells.
To remind, Mubadala struck oil at the appraisal well on the Manora field back in September 2016. Also, earlier this year, the joint venture partners signed a new offtake agreement for the marketing of crude from the field at an improved price.