Eni has spud the Cua Lo-1 exploration well located in Block 105-110/04, in the Gulf of Tonkin, off Vietnam, partners Neon Energy and KrisEnergy announced.
The well, spud on August 11, 2013, is designed to test the large Cua Lo gas prospect, which comprises five clastic reservoir targets ranging in age from Lower Pliocene to Upper Miocene, and is being drilled by the Ensco 107 jackup rig, projected to reach a total depth of 2826m.
“Cua Lo-1 is the first of two high impact exploration wells offshore Vietnam for us this year and we are excited to be finally drilling this attractive and large prospect. It is important to note that this is a wildcat well and therefore the risks are high, but both Block 105 and our other licence offshore Vetnam, Block 120, contain multiple prospects for future drilling whatever the outcome of these wells,” said Chris Gibson-Robinson, KrisEnergy’s Director Exploration & Production.
Block 105 covers an area of 7192sq km, overlying the central Song Hong Basin where water depths range from 20m to 80m. The water depth at the Cua Lo-1 location is currently 76 m.
Eni Vietnam B.V. is the operator of the well with 50% interest. Partners KrisEnergy and Neon Energy Pty Ltd. each hold 25% interest.