Drilling Continues at CRD-3X Well in Block 07/03 in Nam Con Son Basin

Pan Pacific Petroleum (Vietnam) Pty Ltd reported Friday that Operator of the Block 07/03 Production Sharing Contract has informed that drill stem flow testing (DST) of three key Miocene reservoir sands encountered in the CRD-3X appraisal well - in the Nam Con Song Basin off Vietnam - being drilled by Ocean General (mid-water semisub) has been completed.

The results from the DST of these three sandstones reservoirs, which have not previously been flow tested, are summarized below:

  • First test: 4,100 barrels of 31.8 degree API oil per day plus 1.93 million standard cubic feet per day (MMscf/d) of gas through a 40/64 inch choke
  • Second test: 2,750 barrels of 26.4 degree API oil per day plus 0.75 MMscf/d of gas through a 40/64 inch choke
  • Third test: 1,161 barrels of 17.6 degree API oil per day plus 0.07 MMscf/d of gas through a 32/64 inch choke

No water was produced in any of the tests.

The well is currently being sidetracked to test a structure within the CRD field to the south of CRD-3X to evaluate the potential for additional net pay within the Miocene reservoirs.

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.


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