Salamander Energy, an oil and gas exploration and production company focused on South East Asia, has announced it will begin drilling on a well in north east Thailand.
The spudding of the South Phu Horm 1 (SPH-1) appraisal well in Block L15/43 of Khorat Basin, is being carried out using the Ensign-16 rig and targets the Pha Nok Khao formation. The total depth planned is approximately 2,460m sub-sea.
The well will appraise the southerly extent of the Sinphuhorm gas field, which produces 88 million standard cubic feet per day (MMscfd), or 2.5m cubic metres per day.
James Menzies, chief executive of Salamander, said: ‘The appraisal of the southerly extent of the Sinphuhorm field has potential to provide material resource upside to Salamander. This represents the third well of a drilling campaign appraising five fields and discoveries this year. In addition we are planning on drilling at least a further six exploration wells during 2008.’