Australia-based Tap Oil said poor weather conditions and delays in platform commissioning will push back the start date of its Manora oil field development project in the Gulf of Thailand by about a month.
Start up for the project was slated for the end of the third quarter 2014 but is now projected during the second half of October.
Tap said commissioning work is underway and it anticipates the Manora A platform will be operational in the projected time frame.
Batch drilling of the first three development wells is progressing ahead of schedule, with the MNA-01 and MNA-02 having been drilled to their final target depths.
MNA-01 and MNA-02 encountered 172 feet and 160 feet of net oil pay in the three reservoirs of the central fault block.
The wells will be completed as single-zone producers in two of the three reservoirs.
Drilling is currently progressing on the MNA-03 well to target the third reservoir.
The Manora A platform is located in the Gulf of Thailand in about 151 feet of water.
The development drilling program calls for the drilling and completion of 15 wells with ten producers and five injectors.
The program is expected to last until the first quarter of 2015.
Tap has proved and probable reserves of 6.1 million barrels with 20.2 million barrels gross at the field and contingent resources of 3.2 million barrels with 10.9 million barrels gross booked for Manora.
Tap will review its reserves and contingent resources following development drilling and production performance.
Tap Oil holds a 30 percent stake in Manora.
Abu Dhabi’s Mubadala Petroleum is the operator of the field with and holds a 60 percent stake through its wholly owned subsidiary Pearl Oil.
Thailand-based Northern Gulf Petroleum, a subsidiary of Tap Oil, holds a 10 percent stake.