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05 Jun 2020

KrisEnergy Suspended Production at its Wassana Field Because of Oil Prices

05 Jun 2020  by world-energy.org   

Amid the many uncertainties ahead -- the rate at which the global economy is regenerating and recovering oil demand during the COVID-19 pandemic -- KrisEnergy's operating Wassana field has been suspended pending further notice.The company has notified Thai authorities of the suspension.

The Wassana oil field is in The G10/48 Gulf of Thailand

The group's other production assets, the B8/32 field in the Gulf of Thailand and the Bangora field in Block 9 onshore in Bangladesh, are operating as usual.

Total production from the Wassana field averaged 3,605 barrels of oil per day (" BOPD ") in the first quarter of 2020, and the company's working equity production was 3,208 barrels per

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