Idemitsu discovers gas offshore Vietnam

Idemitsu Oil & Gas Co. Ltd. , JX Nippon Oil & Gas Exploration Corporation and Teikoku Oil (Con Son) Co., Ltd. have reported the discovery of gas and condensate at the fourth well called “SV-1X” in the “Sao Vang” structure in Blocks 05-1b and 05-1c offshore southern Vietnam.

Blocks 05-1b and 05-1c are located 300 km southeast of Ho Chi Minh City. The well was spudded in February 2014. The drill stem tests (DST) were carried out in May and August, and accumulations of gas and condensate were discovered.

Discovery of gas and condensate at this exploration well follows discovery and confirmation of oil and gas accumulations at other wells drilled in Blocks 05-1b and 05-1c.

A detailed reservoir evaluation will be carried out in conjunction with further evaluation of other potential prospects in these blocks.

In October 2004, the partners jointly entered into a Production Sharing Contract with Vietnam Oil and Gas Group (Petrovietnam) for Blocks 05-1b and 05-1c offshore southern Vietnam, and were awarded an investment license by the Vietnamese government.

 

Press Release, August 21, 2014

 

Share this article

Follow Offshore Energy Today

Events>

<< Nov 2019 >>
MTWTFSS
28 29 30 31 1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 1

Oil & Gas Vietnam 2019

Oil & Gas Vietnam (OGAV) 2019 is the only specialized oil & gas event in Vietnam that brings together an international congregation…

read more >

Offshore Energy Exhibition and Conference (OEEC) 2020

Offshore Energy addresses the technical, operational and commercial challenges associated with future sector growth.

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply