Salamander spuds first well at Thai drilling campaign
FTSE 250 oil and gas group Salamander Energy has announced the spudding of the Bualaung B8/38-8 (NW-1) well, making the start of its exploration campaign in the Greater Bualuang area, offshore Gulf of Thailand.
FTSE 250 oil and gas group Salamander Energy has announced the spudding of the Bualaung B8/38-8 (NW-1) well, making the start of its exploration campaign in the Greater Bualuang area, offshore Gulf of Thailand.
The well is testing one of a number of fault terraces to the north west of the Bualuang oil field. Salamander has identified a resource potential of 10-15m barrels of oil (MMbo) in a cluster of prospects to the north of the field.
The firm said: "B8/38-8 (NW-1) is expected to be a 14 day well and is the first of two exploration wells that are currently envisaged as part of the immediate programme."
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