Sub-Commercial Discovery Disappoints Salamander Offshore Vietnam
Salamander Energy has failed to hit commercial pay in well Cat Ba-1X (101-CB-1X), in Block 101-100/04 offshore northern Vietnam.
Well 101-CB-1X reached a total depth of 5,656 feet (1,724 meters), encountering 125 feet (38 meters) of net hydrocarbon pay in Tertiary clastics, the second objective of the well. Salamander says the pay section involves a series of gas-bearing sandstones underlain by an oil-bearing reservoir. Wire-line logs and pressure data revealed that the Tertiary reservoirs are of good quality, however, pressure data and seismic mapping indicate the in-place resource volumes encountered are not commercially viable.
Oil shows were not observed and only low levels of gas were recorded while drilling the primary objective, the Palaoezoic ‘buried hills’ play. Therefore, the well was plugged and abandoned as a sub-commercial discovery.SubseaIQ provides focused, in-depth coverage of offshore field development activities around the world, with daily updates on hundreds of offshore fields and facilities. Click here to sign up for the free weekly email newsletter.
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