Search Site


JacksonBone - Print and Web Design

Acquisitions & Divestitures Summit

Albany House - Business Centre in Berkshire

Geometric Drilling - UK Based onshore drilling contractor


Coastal Energy “very pleased” with results from latest well in Thailand

24 November 2009

Coastal Energy, the AIM and TSX listed oil and gas group with assets in Thailand, has completed of the Songkhla A-08 development well on Block G5/43 in the Gulf of Thailand.

The well was drilled to a total measured depth of 9,112 feet and logged approximately 92 feet of net pay with 18% porosity in the Lower Oligocene primary reservoir. The well is currently testing over 3,500 barrels of oil per day (bopd) with a 3% water cut.

The Songkhla A-08 well was drilled as a replacement development well for the A-02 well, which was converted into a water injection well due to a mechanical problem.

Randy Bartley, Coastal’s chief executive, said: “We are very pleased with the results of the A-08 development well.”

Total production from the Songkhla A facility is now over 10,000 bopd from four wells: A-01, A-03, A-04 and A-08. Two water injection wells, A-02 and A-05, are also in operation.

Coastal is currently drilling a third water injection well, the A-06, at Songkhla before mobilizing the rig to the Songkhla B location. Mr Bartley said the company expected the rig to begin drilling at Songkhla B in early December.

Finally, a workover unit will be mobilized to Songkhla Main to repair the A-07 well and install larger submersible pumps on the A-01 and A-03 wells.






Headlines

16 March 2010

16 March 2010

16 March 2010

15 March 2010

15 March 2010

15 March 2010

15 March 2010

15 March 2010

15 March 2010

15 March 2010

15 March 2010

15 March 2010

15 March 2010

15 March 2010

15 March 2010

12 March 2010

12 March 2010

12 March 2010

12 March 2010

12 March 2010

12 March 2010

12 March 2010

12 March 2010

12 March 2010

12 March 2010

12 March 2010

11 March 2010

11 March 2010

11 March 2010

11 March 2010

11 March 2010

11 March 2010

11 March 2010

10 March 2010

10 March 2010

10 March 2010

10 March 2010

10 March 2010

10 March 2010

10 March 2010

10 March 2010

10 March 2010

09 March 2010

09 March 2010

09 March 2010

09 March 2010

09 March 2010

09 March 2010

09 March 2010

09 March 2010

» See all News

Round-Ups

12 March 2010

12 March 2010

05 March 2010

05 March 2010

28 February 2010

26 February 2010

26 February 2010

21 February 2010

19 February 2010

19 February 2010

14 February 2010

12 February 2010

12 February 2010

05 February 2010

29 January 2010

29 January 2010




Spreadex

© SmallCapNews   |   Contact Us   |   Terms of Use   |   RSS Feeds Site by LunarSafari