The Mubadala Petroleum-operated Sri Trang-1 exploration well in the Gulf of Thailand has confirmed the presence of oil in the Reservation Area of the G1/48 concession, according to its partner Tap Oil Ltd.
Test results confirmed the presence of oil in poor quality reservoir sand, and samples collected from three other zones confirmed the presence of water, a news release said. Although the oil is not in commercial quantities, the Sri Trang-1 discovery has validated the hydrocarbon prospectivity of the Northern Kra Basin, Tap Oil said in the release.
The well is located in the Gulf of Thailand about 18 km north northeast of the Manora oil development.
The well was spudded May 17 in 40 m of water by the Atwood Orca jackup drilling unit and was drilled to an extended final total depth of 2,814 m measured depth. The rig has now been moved off location, the release said.
Recommended Reading
E&P Highlights: Jan. 27, 2025
2025-01-27 - Here’s a roundup of the latest E&P headlines including new drilling in the eastern Mediterranean and new contracts in Australia.
Huddleston: Haynesville E&P Aethon Ready for LNG, AI and Even an IPO
2025-01-22 - Gordon Huddleston, president and partner of Aethon Energy, talks about well costs in the western Haynesville, prepping for LNG and AI power demand and the company’s readiness for an IPO— if the conditions are right.
E&P Highlights: Dec. 30, 2024
2024-12-30 - Here’s a roundup of the latest E&P headlines, including a substantial decline in methane emissions from the Permian Basin and progress toward a final investment decision on Energy Transfer’s Lake Charles LNG project.
E&P Highlights: Dec. 16, 2024
2024-12-16 - Here’s a roundup of the latest E&P headlines, including a pair of contracts awarded offshore Brazil, development progress in the Tishomingo Field in Oklahoma and a partnership that will deploy advanced electric simul-frac fleets across the Permian Basin.
Analysis: Middle Three Forks Bench Holds Vast Untapped Oil Potential
2025-01-07 - Williston Basin operators have mostly landed laterals in the shallower upper Three Forks bench. But the deeper middle Three Forks contains hundreds of millions of barrels of oil yet to be recovered, North Dakota state researchers report.