Coastal Energy has announced the results of production testing on two additional wells at Bua Ban North B and the appraisal well at Songkhla Hin the Gulf of Thailand.
The Bua Ban North B-05 well was completed using an electric submersible pump (ESP) and is currently producing 2,500bpd from the Miocene interval. The Bua Ban North B-01 well was completed using an ESP and is currently producing 600bpd from the Oligocene interval. Total production from the Bua Ban North field is averaging approximately 7,100bpd. The company has also completed the B-07 water injection well and expects to complete the three remaining producing wells by the end of August.
The Songkhla H-01 sidetrack was drilled to a total depth of 2,786 metres to determine the extent of the field. The well encountered nine feet of net water-bearing sand in the Lower Oligocene interval. Pressure data confirmed the field limit is consistent with internal estimates based on seismic data.
"Bua Ban North B continues to exceed our expectations and we are very pleased with the four currently producing wells," said Coastal's CEO Randy Bartley. "We expect to begin exploration drilling targeting the Miocene at Bua Ban South in the fourth quarter.
"We are pleased with the Songkhla H discovery as there are numerous other prospects which can be drilled nearby and, if successful, developed from a central Songkhla H production facility. We plan to apply for a production license in the Songkhla H area and begin developing the area following government approval."