KrisEnergy suspends production at Wassana oilfield
Published by Nicholas Woodroof,
Editor
Oilfield Technology,
Operations at the company’s remaining producing assets – the B8/32 oil and gas fields in the Gulf of Thailand and the Bangora gas field in Block 9, onshore Bangladesh – continue as usual.
Gross production at the Wassana oilfield – operated by KrisEnergy – averaged 3605 bpd in 1Q20 and the company’s working interest production was 3208 bpd. KrisEnergy holds an effective 89% working interest in the G10/48 concession and Palang Sophon Offshore holds an effective 11% working interest.
The Wassana field in the G10/48 concession in the Gulf of Thailand came onstream in August 2015 and comprises a mobile offshore production unit (MOPU) and a floating storage and offloading (FSO) vessel. Agreements with respect to the FSO have been terminated. The company is in discussions regarding the warm-stacking of the MOPU with a skeleton crew and supported from the Songkhla shorebase.
Due to the suspension of production at Wassana, the company will reduce its workforce in Thailand by approximately 25%.
Read the article online at: https://www.oilfieldtechnology.com/offshore-and-subsea/04062020/krisenergy-suspends-production-at-wassana-oilfield/
You might also like
Improving well integrity and oilfield efficiencies through biocide deployment in the Permian Basin
Macy Ayala and Irwan Yunus, Champion X, discuss how, as the oil and gas industry continues to face increasing costs and sustainability requirements, new methodologies and technologies that support more efficient production are required. This is particularly true within the hydraulic fracturing (fracking) industry, which is continuing to grow globally.