Welcome To The 300 Club HUB On AGORACOM
We may not make much money, but we sure have a lot of fun!
Message: Little POE - T just might get bigger.
Pan Orient joy at Na Sanun East
By Upstream staff
Canadian independent Pan Orient and Australian outfit Carnarvon Petroleum have made a new oil discovery at the Na Sanun East project in Thailand following testing of the NSE-H3 well.
The well, in licence L44/43, uncovered commercial hydrocarbons in a previously untested volcanic reservoir about 45 metres in thickness at 610 metres true vertical depth.
Carnarvon said the well is currently pumping oil at a stabilised rate of 840 barrels of oil per day.
At the end of 2008, there were no reserves of any category attributed to this shallow volcanic zone, the company said.
Carnarvon said that pressure data and the slightly lower gravity of the crude - 32 API versus 36 API - confirms this is a distinctly separate pool from the underlying main volcanic reservoir at NSE.
A post NSE-H3 test review of NSE Central wells drilled previously is currently under way to estimate the reserve potential of the new zone discovery.
Preliminary analysis indicates this same shallow volcanic zone has been encountered in eight other wells with thicknesses averaging about 50 metres.
Carnarvon said further wells targeting the new volcanic zone will be slotted into its 2009 drilling schedule on a priority basis.
Pan Orient operates permit L44/43 with a 60% stake on behalf of partner Carnarvon on a 40% interest.
Pair discover new Thai oilfield
By Upstream staff
Canadian independent Pan Orient and Australian outfit Carnarvon Petroleum have discovered a new oilfield straddling concessions L44/43 and L33/43 in Thailand following testing of the L44-W exploration well.
The L44-W is currently flowing at 1220 barrels of oil per day.
The L44-W structure straddles the boundary between L44/43 and L33/43 with about 1/3 of the most likely mapped structural closure in L33/43 and 2/3 in L44/43.
Confirmation of commerciality in the L33/43 portion of the structure by future appraisal drilling would mark the first production from this concession and be subject to very favourable tax & royalty treatment, Carnarvon said in a statement today.
“L44-W is an important new discovery. Not only has a new oil discovery been made, which will result in additional production and reserves, the structure has been mapped by the operator to extend into the northern exploration permit L33/43,” said Carnarvon’s chief executive Ted Jacobson.
“This will encourage further exploration drilling within this northern permit which has no established production yet. In addition it has increased the potential to find an oil leg in the area around the previously drilled Bo Rang-1 well to the south. The results of this well plus that of the recently drilled NSE-F1 well has significantly extended the area for oil potential outside of the producing Na Sanun East Field,” he added.
Pan Orient operates the permit with a 60% interest on behalf of Carnarvon.
High expectations for Na Sanun probe
By Upstream staff
Canadian independent Pan Orient and Australian outfit Carnarvon Petroleum are drilling an appraisal/exploration well that has the potential to substantially increase reserves at the Na Sanun East field in Thailand.
The NSE-I1 is the first well to be drilled in the NSE north fault compartment since the modest L44G-D1 discovery made in 2007.
The well lies 1.1 kilometres north-west of L44G-D1 and in a separate down thrown fault compartment related to, up dip and larger than that of the NSE-E1 discovery made in 2008.
The targets include three different volcanic zones between 731 metres and 1100 metres within a 1.64 square kilometre structural closure entirely outside of the L44G-D1 3P reserve envelope.
Drilling is expected to be complete in the next 14 days at which time testing of multiple zones, if warranted by drilling results, will be initiated
Related articles
1 Recommendations
Loading...
Loading...
New Message
Please
login
to post a reply