Coastal Results of Benjarong A-01 Exploration Well

Source: www.gulfoilandgas.com 4/14/2010, Location: Asia

Coastal Energy Company, an independent exploration and production company with assets in Thailand, announces the results of the Benjarong A-01 exploration well in the Gulf of Thailand.

The Benjarong A-01 well was drilled to a total depth of 10,565 feet TVD (3,242 meters). The well appears to be an oil discovery and encountered 83.5 feet (25.5 meters) of apparent net oil pay in the Eocene primary reservoir, based on wireline log data. Porosity in the reservoir averages 11.9%. Additionally, the well encountered 16.5 feet (5 meters) of apparent net oil pay with 15.1% porosity in a shallower section of the Eocene reservoir.

The Company has spudded a second well, the Benjarong A-02, which will test Lower Oligocene and Eocene objectives in a structure separate from the Benjarong A-01 well. Following drilling of Benjarong A-02, the Company will perform a flow test on Benjarong A-01.

Randy Bartley, Chief Executive Officer of Coastal Energy, commented:
"The Benjarong A-01 well has characteristics similar to that of the original Benjarong-1 well which was drilled in 1996. We have yet to determine the commerciality of the well at this porosity and will not be able to establish its productivity until a flow test is conducted. The flow test of the A-01 well is scheduled to begin once drilling of Benjarong A-02 is complete. In the event of an additional discovery at Benjarong A-02, it will be more cost effective to flow test both at the same time. Production from both wells would then be tied into a MOPU and produced in a manner similar to Songkhla A."

Randy Bartley, President and Chief Executive Officer of the Company and a member of the Society of Petroleum Engineering and Jerry Moon, Vice President, Technical & Business Development, a member of the American Association of Petroleum Geologists, a Licensed Professional Geoscientist and a Certified Petroleum Geologist in the state of Texas, have reviewed the contents of this announcement.


Egypt >>  6/27/2022 - Engineer Tarek El Molla, Minister of Petroleum and Mineral Resources, discussed with Roger Planck, Chairman of the Board of Directors of the American ...
Mongolia >>  6/27/2022 - The AIM-listed Mongolian oil explorer Petro Matad Limited ("Petro Matad" ) releases its audited final results for the fiscal year that ended on Decemb...

Uruguay >>  6/27/2022 - With assets in oil production, appraisal, development, and exploration across the region, Challenger Energy (CEG), an oil and gas company with a focus...
Colombia >>  6/24/2022 - ONGC Videsh Limited (OVL), the wholly owned subsidiary and overseas arm of Oil and Natural Gas Corporation Ltd. (ONGC), the National Oil Company of In...

Indonesia >>  6/24/2022 - A Production Sharing Contract (PSC) has been signed with PETRONAS North Ketapang Sdn. Bhd., a subsidiary of PETRONAS, for the North Ketapang Block, wh...
Namibia >>  6/22/2022 - Global Petroleum Limited provides an update on its operations in Namibia and Italy.

Namibia
On 25 April 2022 the Company announced th...


Related Categories: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  Food Supplies  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Unskilled Labors  Utility Systems  Waste Disposal  Water Supply Services  Welding Products/Services 

Related Articles: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Utility Systems  Waste Disposal  Water Supply Services  Welding Products/Services 


Gulf Oil and Gas
Copyright 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.