Finance & Investing
News Services
Newsletters
Get free industry updates via email.
Daily News
Weekly News
Equipment Updates
Weekly Job Register
Monthly Event Guide
Our privacy
pledge.


advertisement

Ocean General Continues Work at CRD-3X Well in Block 07/03 off Vietnam

change text size

Pan Pacific Petroleum (Vietnam) Pty Ltd disclosed Thursday that the Operator of the Block 07/03 Production Sharing Contract in the Nam Con Son Basin off Vietnam has reported that the CRD-3X sidetrack being drilled by Ocean General (mid-water semisub) has reached total depth (TD) at a measured depth of 11,906 feet (3,629 meters) BRT (below rotary table).

The CRD-3X sidetrack has been drilled to test a structure within the CRD field to the south of the CRD-3X appraisal well to evaluate the potential for additional net pay within the Miocene reservoirs. The sidetrack will now be evaluated by wireline logging.

The appraisal well and side track are designed to resolve resource uncertainties in the Ca Rong Do (CRD) oil and gas/condensate discovery and prove up sufficient recoverable volumes to justify a commercial development.

Partners in the block are:

  • Pan Pacific Petroleum (Vietnam) Pty Ltd (a wholly owned subsidiary of Pan Pacific Petroleum NL): 5 percent
  • Premier Oil Vietnam South (Operator): 30 percent
  • Vamex: 25 percent
  • Mubadala Petroleum (through its affiliate PearlOil (Ophiolite) Ltd): 25 percent
  • PetroVietnam Exploration and Production Corporation Ltd: 15 percent

Premier Oil Vietnam South and Vamex were recently acquired by a wholly owned subsidiary of Talisman Energy Inc.

WHAT DO YOU THINK?

Post a Comment Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies
For More Information on the Offshore Rig Fleet:
RigLogix can provide the information that you need about the offshore rig fleet, whether you need utilization and industry trends or detailed reports on future rig contracts. Subscribing to RigLogix will allow you to access dozens of prebuilt reports and build your own custom reports using hundreds of available data columns. For more information about a RigLogix subscription, visit www.riglogix.com.

Most Popular Articles
From the Career Center
Jobs that may interest you
Motorhand
Expertise: Motorman
Location: Oklahoma City, OK
 
Derrickhand
Expertise: Derrickman
Location: Oklahoma City, OK
 
Rig Manager (Shore Based), Houston
Expertise: Drilling Superintendent, OIM, Rig Manager
Location: Houston, Texas, TX
 
search for more jobs