New FSO receives first oil at Bualuang field, Thailand

August 19, 2014

Rubicon Vantage FPSOSalamander Energy announced that first oil has been received in the tanks of the newly converted Suksan Salamander floating storage and offtake vessel (FSO) at the Bualuang field in the Gulf of Thailand. This is the culmination of the planned upgrade to the field’s facilities which targets a reduction in operating costs of up to $25 million/yr.

New power and processing modules were loaded out to the Bravo platform in the first half of the year. These have been operating smoothly since hook-up and commissioning in May.

The FSO arrived on location in July. Following hook up and commissioning, the new FSO is now fully operational. The new FSO will operate at half the day rate of the existing Rubicon Vantage floating production, storage, and offtake (FPSO) vessel. Additionally, the upgrades double the water-handling capacity, potentially increase production rates, and extend the productive life of the field.

The Rubicon Vantage FPSO will leave the field in the coming weeks (photo at right).

London-based Salamander's Chief Executive James Menzies commented: “We have upgraded production infrastructure in the Bualuang field on both time and budget. The new facilities enhance the value of the field, minimize the risk of future downtime and mean we are well-positioned for the next phase in the field’s growth.”

Related AOG coverage:

Salamander sells partial stake in Thai blocks, 22 July 2014

Bualang production commences, 13 February 2014



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