Mubadala Petroleum has plugged and abandoned a newfield wildcat, Malika 1 in the B05/27 concession, located at Kra Sub-basin (Gulf of Thailand Basin), as a dry well on 21 December 2019. Spudded on 16 December 2019 at a water depth of approximately 45 m, the well was drilled to a total depth (TD) of 1,241 m using the âValaris J/U-115". Malika 1 has likely targeted the Middle Miocene fluvial sandstones, analogue with Manora.  Malika 1 is located approximately 8 km southwest of the producing Manora field in the G01/48 concession. The reason of well failure to find hydrocarbon is probably due to lack of charge and distribution of reservoirs.  The previous exploratory well drilled within the concession was Ban Yen SW-1. No hydrocarbon encountered and the well was abandoned on 6 December 2015 at a TD of 2,834 m.   Mubadala is the operator and sole interest holder in the B05/27 concession. The concession holds two oil producing fields, Jasmine and Ban Yen. These two fields produced at an average of 10,720 bo/d in 2019. More than 90% of the proved reserves for the concession have been produced since 2005, with estimated remaining reserves of around 5.7 MMbo.  Background Information  Pearl Oil (Thailand) Ltd (later acquired by Mubadala Petroleum) acquired 100% rights and operatorship over the B05/27 concession on 29 January 2004 from Harrods Energy Ltd.  A total of eleven new-field wildcats were drilled since 1992, resulting in two discoveries. The Jasmine field was discovered by wildcat B05/27 3 (TD 1,762 m) in July 1999. The well was drilled on the shallow water "L" structure. The reservoir target was a Miocene deltaic sandstone unit. Sixteen appraisal wells have been drilled on the structure. The field was brought onstream in 2005 at an initial rate of 2,000 bo/d.  The Ban Yen field was discovered in May 2006 by the Ban Yen 2A well which was drilled down to 2,292 m. The field was brought onstream in 2008 at an initial rate of 1,050 bo/d via a single well. A second well was subsequently brought onstream at an initial rate of 2,000 bo/d. Production from Jasmine and Ban Yen is via a subsea pipeline connected to the MV Jasmine Venture FPSO.
Malika 1 (Mubadala Petroleum) in the B05/27 concession located at Kra Sub-basin, P&A, dry.