Mubadala: Manora production to kick off in November

Mubadala Petroleum has informed that the first three development wells in the Manora Oil Development, in the Northern Gulf of Thailand – MNA-01, MNA-02 and MNA-03 – have now been completed.

Mubadala Petroleum is the operator of the Manora Oil Development joint venture and Tap Oil Limited has 30% interest.

The company expects that production will start from all three wells, resulting in a higher initial rate than forecast with two wells. Completion on MNA-05 has now started. Platform commissioning at Manora is well underway with hook up and commissioning nearing completion. Mubadala Petroleum says the production is now expected to start by mid- November.

Tap Managing Director/CEO Troy Hayden said: “We are pleased with the Operator’s progress on the drilling. The last of the critical systems should be handed over to Operations by the end of the week, with production now scheduled to commence by mid-November. Despite this, the Operator has advised peak production remains on track to be achieved in the first quarter of 2015 due to the progress of the development drilling.”

The Manora A platform is located within the Gulf of Thailand in 46 metres of water. The development drilling program calls for drilling and completion of 15 wells (10 producers and 5 injectors), with the program expected to take until the end of 01 2015. Tap has 2P reserves of 6.1 mmbbls (20.2 mmbbls gross) and 20 contingent resources of 3.2 mmbbls (10.9 mmbbls gross) booked for Manora. Tap will review these reserves and contingent resources following development drilling and production performance.

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