Singapore: KrisEnergy has revealed that oil production from the Nong Yao field in the G11/48 licence in the Gulf of Thailand commenced from three initial wells yesterday.
Keith Cameron, ceo, commented: “Nong Yao production is a major milestone in KrisEnergy’s evolution. The G11/48 and G10/48 licences were our first acquisitions when the company was established, and Nong Yao is now the first development project in our portfolio to be brought on stream. We are currently working on a further four oil developments in the Gulf of Thailand including the KrisEnergy-operated Wassana oil field in the adjacent G10/48 concession, which we expect to go into production shortly.”
The Nong Yao development will comprise up to 23 wells, a wellhead processing platform and a minimum facility wellhead platform with the export of crude via a floating storage and offloading vessel. The facilities have a production capacity of up to 15,000 bopd day and a processing capacity of 30,000 barrels of fluids per day.
