Salamander making progress in Far East

Oil company Salamander Energy has said that drilling at the Far East well in its operated B8/38 licence, Gulf of Thailand, initially found no evidence of hydrocarbon saturation despite encountering a 25m section of 'excellent quality' sandstones, the primary target on depth prognosis.

By MoneyWeek

published 26 June 2012

in Features

However, once the well was deepened oil shows were seen at 1,366m total vertical depth sub-sea (TVDSS) and severe mud losses were experienced from 1,370m TVDSS.

The firm said the interpretation of the drilling data shows zones of potential oil pay in a highly porous section from 1,365m to current total depth of 1,396m.