Vietsovpetro JV in Vietnam find

October 23, 2015

The joint venture of Zarubezhneft and Petrovietnam Vietsovpetro made a commercial discovery of the Sturgeon field offshore Socialist Republic of Vietnam.

Map of Block 09-3/12 (the greyed area). From Zarubezhneft.

Successful testing of the exploration well CT-3X Block 09/3-12 achieved a dry oil free flow to surface from the productive horizons of more than 1800 tons per day.

Block 09-3/12 is located in the South Conson basin, 150km southeast from Vung Tau, 20km east from Bach Ho field.

Prospects of oil and gas content are associated with the Oligocene-Miocene sediments and rocks of the crystalline basement.

The result of the first Upper Oligocene productive horizon test of the exploration well CT-3X Block 09/3-12 was a dry oil free flow to surface of 1300cu m/d, and the second Lower Miocene productive horizon testing resulted in a dry oil free flow to surface of 550cu m/d.

The Sturgeon (Ca Tam) field was discovered in 2014 in course of the exploration well 2-X testing. The oil reserves calculation shall be made and a design project for bringing the field into development shall be prepared basing on the results of the commercial discovery.



Current News

Greencoat UK Wind to Pay $496.5M for 12.5% Stake in UK Offshore Wind Farm

Greencoat UK Wind to Pay $496.5M for 12.5% Stake in UK Offshore Wind Farm

Equinor, Exxon Agree to Expand Brazil Offshore Oil Ops

Equinor, Exxon Agree to Expand Brazil Offshore Oil Ops

Woodside Sees Slim Risk of Big Share Selloff by BHP Investors

Woodside Sees Slim Risk of Big Share Selloff by BHP Investors

Bolsonaro Hints at Change in Petrobras' Profit Distribution

Bolsonaro Hints at Change in Petrobras' Profit Distribution

Subscribe for OE Digital E‑News

Offshore Engineer Magazine