KrisEnergy started producing oil from Cambodia’s first oil field in the offshore Block A concession on 28 December 2020.
KrisEnergy said on Tuesday that the Apsara field began flowing from a single development well and the flow rate will take at least 24 hours to stabilise.
Production will increase to plateau as four additional wells are progressively completed and commissioned. Peak production rate of around 7,500 bopd is currently scheduled to be achieved once the drilling program is completed in mid-February 2021.
The Apsara field lies over the Khmer Basin, an unproduced geological basin in Cambodian maritime waters in the Gulf of Thailand.
Due to the unproven production performance of the basin, development of the Apsara area will be in several phases to mitigate risks and provide time for the collection and analysis of critical data to be applied in future phases.
In the first phase, designated Mini Phase 1A, the company will construct a minimum facilities wellhead support structure capable of housing up to six development wells, drill five more initial development wells drilled with the PV Drilling III jack-up rig, bring in the Ingenium II production barge for oil, gas, and water processing, add a storage vessel on the field for storage of processed crude oil before offloading, the company will also provide support from an onshore shore base at Sihanoukville – some 160 kilometres from Apsara.
