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

KrisEnergy Updates on Drilling at Cua Lo-1 ST-1 Well off Vietnam

change text size

KrisEnergy Ltd. (KrisEnergy or the Company), an independent upstream oil and gas company, disclosed Thursday that the Cua Lo 1 ST-1 exploration well in Block 105-110/04 (Block 105) has reached a total depth of 9,406 feet (2,867 meters) measured depth (MD), or minus 9,186 feet (minus 2,800 meters) total vertical depth subsea (TVDSS). The operator, Eni Vietnam B.V., is currently running wireline logs prior to undertaking a drill stem test. The Company intends to make a further announcement once all data has been received and analyzed.

The Cua Lo 1 ST-1 well is a sidetrack well to the original Cua Lo-1 exploration well, which commenced drilling Aug. 11 and was then subsequently plugged back from a depth of minus 8,303 feet (minus 2,531 meters) TVDSS and sidetracked due to an unexpected high pressure kick. Drilling operations have been further delayed by a series of strong typhoons passing through the region, which have resulted in the evacuation of crew from the jackup Ensco 107 (400' ILC) on four occasions.

Block 105 covers an area of 2,776 square miles (7,192 square kilometers) offshore northern Vietnam, overlying the central Song Hong Basin where water depths range from 65 feet (20 meters) to 262 feet (80 meters). The water depth at the Cua Lo 1 ST-1 location is 249 feet (76 meters).

KrisEnergy holds a 25 percent working interest in Block 105 and is partnered by Eni Vietnam B.V. with 50 percent working interest and Neon Energy (Song Hong) Pty Ltd with 25 percent.

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
Offshore Rig Mover
Expertise: Rig Mover
Location: Houston, TX
 
Directional Driller
Expertise: Directional Driller
Location: TX
 
Technical Sales Engineer III
Expertise: Directional Driller, MWD/LWD, Technical Sales
Location: San Antonio, TX
 
search for more jobs