Thailand’s state-owned PTTEP has made a gas and condensatediscovery with the Orchid-1 explo- ration well in the AC/P54 permit located in the Timor Sea offshore Australia. Orchid-1 was spudded in January and was drilled to a total depth of 2,925m (9,597ft). The well encountered gas and condensate with a net pay thickness of around 34m (112ft).
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