Following disappointing results of drilling, oil and gas company Mubadala Petroleum has abandoned the Ladawan-1 exploration well located in the G1/48 concession in the Gulf of Thailand.
Mubadala Petroleum is the operator of the G1/48 concession and the Manora oil field and Tap Oil is its partner with 30% interest.
According to Tap Oil’s statement on Monday, the operator has advised that drilling of the Ladawan-1 exploration well has reached total depth at approximately 2,175 m true vertical depth sub-sea (TVDSS). Further, interpretation of the logging while drilling data shows approximately 3.3 m of oil column in the primary reservoir target below a depth of 2,033 m TVDSS.
This result is not viewed as commercial and the well has been plugged and abandoned, Tap Oil explained. Tap is working with the operator who continues to evaluate the results, and these will be incorporated into the partners’ understanding of the field and potential of the reservation area.
Tap also said that the Ensco 115 drilling rig (formerly known as Atwood Orca) had moved off location to prepare to drill the Manora-6 prospect, in the Manora production area.