Salamander Energy announced that first production of crude oil from the Bualuang Oil Field in Block B8/38, in the Gulf of Thailand, occurred on 27th August 2008. Salamander has a 60% operated interest in the Bualuang field.
Following successful hook up & commissioning of the Rubicon Vantage Floating Production Storage & Offloading vessel ("FPSO"), production from the field began from well BA-05. Following a period of multi-rate testing of this well, the other producers will be brought on-stream sequentially over the coming days.
Six development wells have been drilled on the field, five producers and one water injector. Oil will be processed and stored in the Rubicon Vantage FPSO vessel prior to onward sale.
Salamander plans to test the remaining potential within Block B8/38, including the undrilled east flank of the field as well as analogous structures elsewhere in the production license area.
