Premier Preps for Drill Stem Testing at Vietnam Block

Premier, the operator of the Block 07/03 Production Sharing Contract, has advised that preparations to undertake drill stem testing of hydrocarbon bearing sands in the Oligocene section, which it was not possible to evaluate in CRD-1X, are continuing.

CRD-2X has been planned to evaluate the oil and gas discovered in multiple stacked reservoir layers by CRD-1X with the aim of reducing uncertainty in whether the CRD structure contains sufficient volumes to support a potential development.

Partners in the block are:

  • Pan Pacific Petroleum (Vietnam) Pty Ltd 5% (a wholly owned subsidiary of Pan Pacific Petroleum NL)
  • Premier Oil Vietnam South B.V. (Operator) 30%
  • Vietnam American Exploration Company, LLC. 40% (a wholly owned subsidiary of Pitkin Petroleum Plc)
  • PearlOil (Ophiolite) Ltd. 15%
  • PetroVietnam Exploration and Production Corporation Ltd 10%
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


From the Career Center
Jobs that may interest you
United States Odessa: Field Engineer - Logging and Perforating
Expertise: Field Development
Location: Odessa, TX
 
Project Procurement & Contracts Advisor (Subsea Equipment)
Expertise: Contracts Engineer|Purchasing|Subsea Engineering
Location: Houston, TX
 
Drilling Engineer II Job
Expertise: Drilling Engineering|Petroleum Engineering
Location: Houston, TX
 
search for more jobs

Brent Crude Oil : $54.16/BBL 0.44%
Light Crude Oil : $51.37/BBL 0.56%
Natural Gas : $3.37/MMBtu 2.12%
Updated in last 24 hours