The Eocene formation contained substantial hydrocarbon shows but with low porosity and permeability. The company plans to temporarily abandon the well and will return to complete it dependent upon commercial discoveries in the Songkhla B area.
Randy Bartley, CEO of Coastal Energy, said: “The results of the Songkhla B-01 well have provided us with valuable information about the structure. The next step is to drill the Songkhla B-02 well on the western side of the fault block in order to fully evaluate Songkhla B and make decisions regarding future development, as a commercial discovery will be required to complete and produce the B-01 well.
“We expect to move to the Songkhla B-02 well today. Additionally, we have mobilized a workover unit to the Songkhla A location and have begun repair operations on the Songkhla A-04 well.”
