Mubadala draws first oil from Thailand's Manora field

Mubadala draws first oil from Thailand's Manora field

ABU DHABI, United Arab Emirates -- Mubadala Petroleum has started production at its operated Manora oil field, located within the G1/48 concession, approximately 80 km offshore in 44 m of water, in the northern Gulf of Thailand.

Production is expected to reach a peak rate of approximately 15,000 bopd as production wells are completed. Up to ten production wells and five injection wells in the main reservoir sequence are planned.

First oil from Manora follows the hook-up and commissioning phase and parallel operations drilling of the first four of up to ten production wells. All platform facilities were constructed in Thai fabrication yards.

The facilities include a wellhead processing platform with water injection facilities to maximize oil recovery, connected via subsea pipelines to a floating storage and offloading vessel. The commercial life of the field is projected to exceed ten years.

Proved and probable oil reserves contained in Manora’s primary reservoir, and recoverable by natural depletion, are estimated to be in the order of 20 MMbbl gross. Water injection will be implemented from start-up and once its effectiveness has been confirmed by enhanced production performance, further reserves will be added.

Mubadala will have invested approximately $300 million in the development of Manora project. Mubadala Petroleum holds a 60% interest and is the operator of G1/48. Tap Energy (Thailand) holds a 30% interest and Northern Gulf Petroleum holds the remaining 10%.