GFI is now ready to begin development drilling of six wells using ENSCO International jackup ENSCO 51 now that the jacket, topsides, pipelines and floating production, storage and offloading vessel (FPSO) moorings have been safely installed. First oil from Bualuang field is expected to flow in late March, with the arrival of FPSO Rubicon Vantage scheduled for February. The Bualuang field holds in excess of 19 million barrels of proved and probable reserves of medium gravity oil (26 degree API) in depths of about 3,800 feet (1,158 m) in shallow waters of 210 feet (64 m).
Saturday, January 26, 2008
Thailand's Bualuang platform up and running
1/25/2008 5:46:26 AM GMT Singapore