Eni Announces Results from Offshore Vietnam Block 114 Discovery
Drilling Activity Details
Vietnam
Drilling Activity Summary
Description
New testing by Eni at exploration well, #2X-Ken Bau in off-shore Vietnam’s Block 114 in the Song Hong Basin has confirmed a significant hydrocarbon accumulation. The well is in 95 m of water and was drilled to 3,658 m. It encountered more than 110 m of pay in several intervals of Miocene sandstones interbedded with shale. Preliminary estimates of Ken Bau accumulation provide a range between 7 Tcf and 9 Tcf of gas in place with 400 MMbbl to 500 MMbbl of associated condensates. Additional drilling, seismic surveying and testing are planned. The well will now be plugged and abandoned. Eni is the operator of Block 114 and the Ken Bau discovery with a 50% interest in partnership with Essar E&P holding the remaining 50%.
New testing by Eni at exploration well, #2X-Ken Bau in off-shore Vietnam’s Block 114 in the Song Hong Basin has confirmed a significant hydrocarbon accumulation. The well is in 95 m of water and was drilled to 3,658 m. It encountered more than 110 m of pay in several intervals of Miocene sandstones interbedded with shale. Preliminary estimates of Ken Bau accumulation provide a range between 7 Tcf and 9 Tcf of gas in place with 400 MMbbl to 500 MMbbl of associated condensates. Additional drilling, seismic surveying and testing are planned. The well will now be plugged and abandoned. Eni is the operator of Block 114 and the Ken Bau discovery with a 50% interest in partnership with Essar E&P holding the remaining 50%.