Coastal Hits Pay Offshore Thailand
Coastal Energy encountered 62 feet (19 meters) of net pay in the Miocene objective of the Bua Ban North B-02 well with about 26% average porosity. The well was drilled to a total vertical depth of 6,513 feet (1,985 meters).
B-02 also tested the Eocene interval and encountered 150 feet (46 meters) of net sand with 19% average porosity. The Eocene sand zone was wet as it was not a target in this well and was drilled off structure. The B-02 was cased and suspended pending the arrival of testing equipment, reported Coastal Energy.
Additionally, conductor pipe has been set on the B-03 well, which is testing the Miocene in a separate fault block due east from the B-02 well. The Bua Ban field is located on Block G5/43 in the Gulf of Thailand. Coastal Energy wholly owns and operates the block.SubseaIQ provides focused, in-depth coverage of offshore field development activities around the world, with daily updates on hundreds of offshore fields and facilities. Click here to sign up for the free weekly email newsletter.