Thailand: Petchabun basin 3D seismic planned

By OGJ editors
– Oil Optimization Inc., Calgary, launched an environmental impact assessment on Block L14/50 in central Thailand in preparation for a 3D seismic survey on the block.

The company owns 100% interest in the 1 million acre block. It expects approval of the EIA in 90 days that will allow it to proceed with the 250 sq km survey. The 3D program is based on 2D seismic data that identified five drilling leads.

The block covers the entire northern portion of the Petchabun basin, the southern part of which has produced 8.6 million bbl of oil from proved and probable reserves of 32 million bbl at the end of 2010. Production rights to the southern part of the basin are held by Pan Orient Energy Corp. and Carnarvon Petroleum Ltd.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...