Salamander Energy Abandons Dry Well Offshore Thailand

Salamander Energy Abandons Dry Well Offshore Thailand

Salamander Energy plc provides an operational update on testing operations at the Far East prospect in its operated B8/38 licence, Gulf of Thailand. 

Further to the announcement on 26th June 2012, a barefoot DST was conducted over a zone of potential oil pay in the Ratburi carbonates. The test results are conclusive, analysis of produced fluids point to formation water being present in the tested section.

The Far East-1 well will now be plugged and abandoned as a dry hole and the rig is being prepared for release. The Bualuang North West Terrace exploration well will now be drilled later in the year as part of the wider exploration programme across both the B8/38 and G4/50 licence areas.

James Menzies, Chief Executive of Salamander, commented:

 “Whilst this result is disappointing in isolation, we remain extremely excited by the exploration potential in Greater Bualuang area. We now have the new 3D data in house from the G4/50 licence and the early indications have surpassed our initial expectations on entering the  licence. We have started the tendering process to bring a rig to the area in 4Q 2012 to embark on an extensive exploration programme principally across the G4/50 licence.”

Press Release, July 3, 2012

 

Share this article

Follow Offshore Energy Today

Events>

<< Jul 2019 >>
MTWTFSS
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 31 1 2 3 4

Uganda International Oil and Gas Summit 2019

Uganda International Oil & Gas Summit will once again examine the industry’s developments…

read more >

8th OIL & GAS AFRICA 2019 CONFERENCE

OIL & GAS AFRICA is one of the most prime regional & international Oil and Gas conferences in East Africa…

read more >

Gas Indonesia Summit 2019

Gas Indonesia Summit & Exhibition is returning for the fourth edition in Jakarta…

read more >

Shanghai Int Petrochemical and Offshore Oil & Gas and Chemical Industry Technology and Equipment Exhibition 2019

cippe Shanghai has attracts both…

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply