Rig: West Cressida

KrisEnergy come up dry with the Mancharee-1 well

KrisEnergy Ltd (KrisEnergy), an independent upstream oil and gas company, has announced that drilling operations have concluded at the Mancharee-1 exploration commitment well in G10/48 in the Gulf of Thailand, where the company is developing the Wassana oil field. Mancharee-1, which commenced drilling on 8th August 2014, reached a total depth at 12,205 feet (3,720 metres) measured depth, or 10,460 feet (3,188 metres) true vertical depth subsea. Gas shows were encountered at several levels but no significant pay zones were identified. Water depth at the well location is 170 feet (51.8 metres). Mancharee-1, the final commitment well in the third exploration phase of the licence, was drilled using the ‘West Cressida’ jack-up rig.

KrisEnergy spuds Mancharee-1 well in Thailand

KrisEnergy Ltd. (KrisEnergy), an independent upstream oil and gas company, announces that the ‘West Cressida’ jack-up rig has commenced drilling of the Mancharee-1 exploration commitment well in block G10/48 in the Gulf of Thailand, where the Company is developing the Wassana oil field. Water depth at the Mancharee-1 well location is 170 feet (51.8 metres). The well is planned to be drilled to a total depth of 12,420 feet measured depth (-10,650 feet total vertical depth subsea) and will evaluate a series of stacked sandstone reservoirs of Miocene and Oligocene age. Mancharee-1lies to the west of the Mayura oil discovery, which requires further appraisal. G10/48 also holds the Niramai oil accumulation, which lies to the north of the Wassana oil development. Chris Gibson-Robinson, KrisEnergy’s Director Exploration & Production, commented: “Mancharee-1is the first exploration well to be drilled in G10/48 since we took over operatorship of the block in May 2014. We are also pressing ahead with the Wassana project and have locked in vital elements for the development such as the processing facilities and the rig to drill the development wells. Our progress is in line with our timetable for first oil in the second half of 2015.”KrisEnergy holds 100% working interest in G10/48, which covers 4,696 sq km over the southern section of the Pattani Basin in water depths up to 60 metres.