WEST PERTH, Australia – Mubadala Petroleum’s exploration well on the Sri-Trang prospect offshore Thailand encountered sub-commercial oil, according to partner Tap Oil.
The jackup Atwood Orca drilled the well in 40 m (131 ft) of water in the G1/48 Reservation Area in the northern Gulf of Thailand, 18 km (11.2 mi) north-northeast of the Manora oil complex.
Test results confirmed the presence of oil in poor-quality reservoir sand.
Despite the result, the well has validated the hydrocarbon prospectivity of the northern Kra basin, Tap Oil said.
The rig has since moved off location.
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