The workover of the Songkhla A-04 was completed and the well is producing approximately 3,000bopd. Workover operations have commenced on Songkhla A-03 to install a larger electric submersible pump and the well is expected to return to production by the end of the week.
This will be followed by similar operations on Songkhla A-01. Current production from Songkhla A is approximately 8,000bopd. Coastal Energy’s combined onshore and offshore production is approximately 10,000boepd.
The Songkhla B-02 sidetrack reached a total depth of 11,073ft and encountered 12ft of net pay in the Lower Oligocene reservoir. Following logging, it has been confirmed that the interval has a minimum oil column of approximately 300ft.
However, the estimated reserves are not sufficient to justify a standalone development. Preliminary evaluations indicate that this reservoir can be reached with a high angle well from the Songkhla A structure. The existing Songkhla B wells are being plugged and abandoned and the rig will be mobilized to the Benjarong prospect.
Randy Bartley, CEO of Coastal Energy, said: “The results of the Songkhla B-02 sidetrack confirm the existence of a hydrocarbon trap with good porosity and permeability. Although too thin for a standalone development, drilling from the Songkhla A structure could make this discovery commercial.
“We will evaluate this option at a later date when we return to Songkhla A for future development work. We expect to spud our first Benjarong exploration well within the next two weeks.”
