Pan Orient suspended an exploration well, L53 BB1 under the Phase 2 exploration drilling campaign in the L53/48 Reserve Area A, onshore Chao Phraya Basin, on 7 February 2020. Located approximately 1.1 km west of the L53-DD well pad, the BB (DD Ridge) prospect was targeting oil within the Lower Miocene Series reservoirs. After setting a casing in a pilot hole at a depth of approximately 150 m, the operator decided to reinforce the L53 BB well pad. The strengthening work is expected to be completed within two weeks.   Spudded on 4 February 2020, the L53 BB1 is the first exploration well drilled under the Phase 2 exploration drilling program which consists of five exploration wells and one appraisal well. The âE-05â land rig has been moved to the L53 AA well pad to drill the next exploration wells. The L53-BB1 well will resume drilling after the L53-AA2 and L53-AA1 exploration wells are completed.  Earlier in November 2019, the operator completed the Phase 1 drilling program which consisted of L53 DD5 (and its sidetrack) and L53 DD6 (and its sidetrack) wells. The L53 DD5 ST1 well discovered oil, had undergone a 90 days production test and currently waiting for environmental and production license approvals from the DMF. The L53 DD6ST1 well only encountered a sub-commercial oil discovery.  The L53/48 concession is fully owned and operated by Pan Orient (Siam) Ltd, which is in turn controlled by Pan Orient Energy Corp (50.01%) and Sea Oil Public Company (49.99%). The exploration Area A and B will expire in January 2021, after which the production areas (A, B, D, G and DD) will be retained.  Background Information  The L53/48 block lies onshore in the Kamphaeng Saen area of the Chao Phraya Basin, around 50km WNW of Bangkok. The area is covered by at least 580 sq km of 3D seismic data which were acquired since 2007.   Eight minor oil discoveries were encountered from 2009 to 2019. As of early 2020, a total of five fields are producing (L53-A, L53-G, L53-D East, L53-DD and L53-B) and another two fields are appraising (L53-D and L53-D C-EXT). L53-AA South field has been temporarily shut-in while waiting for environmental and production license approvals. The oils were trapped in the Lower to Middle Miocene structural play which was sealed by Middle Miocene Series mudstone.   The original 3,997 sq km L53/48 block was awarded to Pan Orient Energy on 8 January 2007 as the operator and sole interest holder, under the 19th Licensing Round. The concession agreement allows Pan Orient to explore for hydrocarbons over a period of six years with a minimum three years first phase commitment of approximately US$ 2.1 million, which includes 3D seismic acquisition and two exploratory wells.
an Orient suspended an exploration well, L53 BB1 under the Phase 2 exploration drilling campaign in the L53/48 Reserve Area A, onshore Chao Phraya Basin,Results n/a.