Tap Oil completes drilling of appraisal well MNA-17 in the Northern Gulf of Thailand

PERTH -- Mubadala Petroleum, Operator of the Manora Oil Development joint venture, has advised that drilling of the MNA-17 well, in the Northern Gulf of Thailand, has now been completed.

On Sept. 3, 2016, the Atwood Orca jackup drilling unit commenced drilling the MNA-17 well at the Manora Oil Development.

The MNA-17 (AP) well path was an appraisal/pilot well, appraising the 500 series sands and assessing a separate untested fault block, the Manora West Structure, which had the potential to de-risk the Greater Manora West prospective resources.

The MNA-17 (AP) well was drilled to a TD of 1916.5 m total vertical depth subsea (TVDSS). The well intersected three sands in the Primary 500 sand target, the upper two were water wet with the lower sand having a log derived oil column of 2.1 m TVDSS in good porosity reservoir. The deeper Manora West Fault block target intersected a low porosity reservoir with minor oil shows. The MNA-17 (AP) well path has now been plugged and abandoned.

The MNA-17 ST1 (AJ) well, utilized the MNA-17 (A P ) upper pilot section before being sidetracked North-East into the Central Fault Block as a new production well. MNA-17 ST1 (AJ) was drilled to a TD of 1983.9 m TVDSS and found 17.4 m of oil pay in four separate reservoirs. The well will be suspended prior to completion, as a multi-zone production well using electric submersible pump during the upcoming hydraulic workover unit program. MNA-17 ST1 is expected to commence production in November.

The total well cost is expected to be $2.5 million (net to Tap) location.