Coastal Energy spuds Songkhla A-01 well offshore Thailand
11-OCT-2008 Intellasia | rigzone.com
Oct 11, 2008 - 7:00:00 AM
|
Coastal Energy Co announced that the Songkhla A-01 well was spudded on Wednesday, October 8, 2008. Songkhla A-01 is the first well in the Company's development programme of the Songkhla field located in Block G5/43 offshore Thailand.
The Co plans to drill Songkhla A-01 to a total depth of approximately 8,500 feet (2,590 metres) true vertical depth. The well is a direct offset to the original Songkhla-1 well which was drilled in 1988 and
In August 2008, Coastal's wholly owned subsidiary signed a LOI with Deep Drilling 7 Pte. Ltd for a three-month charter of the newbuild jackup rig Deep Driller 7, which is being used to drill several wells in the Songkhla block.
In addition to the undeveloped discovered fields, the Co has also identified numerous undrilled prospects along the northwest margin of the Songkhla basin.
Randy Bartley, Chief Executive Officer of Coastal Energy commented, "We are excited to begin our development of the Songkhla field. We continue to anticipate completion and testing of Songkhla A-01 by late October and an
extended production test while continuing simultaneous drilling operations. This is an important step in the
Company's multi-well development of Block G5/43 and toward commencing production at Songkhla by year end 2008."
|
| |
|  |
|
Advertising
