Manora Oil Development
Tap holds a 30% direct interest in the G1/48 concession in the northern Gulf of Thailand. This concession holds the Manora oil field, which is located offshore in the Gulf of Thailand and operated by Mubadala Petroleum (Thailand) Ltd. The field is located approximately 80 kilometres offshore of Prachuap Khiri Khan Province. Production commenced on 11 November 2014 with the first lifting on 25 December 2014.
The Manora oil field was discovered in November 2009 and Tap reached FID on the Manora oil development in July 2012. The field was brought on-stream in November 2014.
The Manora oil field has three key components. The platform, the Floating Storage Offloading (FSO) Unit and the development wells. Manora is a single well head platform with a four-leg platform jacket substructure with the topsides containing the production process and well head equipment. A pipeline and risers connects the platform to a leased FSO Unit. The FSO, Manora Princess, is a site-specific crude oil FSO that is moored and linked to the platform and also serves as the accommodation hub.
The oil from Manora has medium gravity of 28 degree API and sells at a premium to the Platts Dubai crude oil benchmark. The reservoirs are Miocene delta-fan sandstones with high permeability in two fault blocks on downthrown side of major N-S fault system. The structure is steeply dipping and there are large oil columns in excess of 800 ft.