Santos Discovers Oil and Gas in Vietnam

Thursday, October 12, 2006
Santos Limited (STO) announced that it has completed testing of the Dua-5X well, offshore Vietnam, after discovering multiple gas and oil reservoirs in the southern fault block of the Dua structure. The company reported that the two reservoir intervals have been tested with the primary reservoir target flowing oil at a stable rate of 5,543 barrels of oil per day (bopd) plus 6.76 million standard cubic feet of gas per day through a 2 inch choke. The oil and gas producer said that a deeper secondary reservoir flowed at a rate of 247 bopd through a 28/64” choke.

Santos reported that work would now commence on the resource assessment and preparation of a reservoir evaluation report, which is the first step in the commercialization process within the PSC terms. The group said that immediately prior to drilling the southern fault block, the Dua-4X and Dua-4X ST1 wells were drilled in the northern fault block of the Dua structure. These wells were step-outs from the 1974 Dua-1X discovery well, which flowed at a rate of 1,500 bopd from the main reservoir.

The company reported that wireline testing of both Dua-4X and Dua-4X ST1 recovered oil samples and pressure data. Following completion of operations on Dua-5X, Santos says the rig will be moved to drill well 12E-CS-1X on the Blackbird prospect also in Block 12E. This well will explore a large tilted fault block up-dip of a previous well that encountered very good oil shows, the company said. Source: Shaw

Email AddThis Feed Button Share
Maritime Reporter May 2013 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Shipbuilding

Superyacht 'Adastra' Wins WSA Design Commendation

Shuttleworth Design's 'Adastra' wins  a 'Judges’ Commendation for Most Innovative Design' at the 2013 World Superyacht Awards. Shuttleworth Design was responsible for her exterior design,

China to Build 142 Ships for Greek Companies

Greek Shipping Minister Kostis Moussouroulis announced the orders for Chinese shipbuilders on his recent visit to Shanghai. The orders, which were signed in April,

Bollinger Delivers Coast Guard FR-Cutter

Bollinger Shipyards, Inc. deliver  'Paul Clark', the sixth Fast Response Cutter (FRC) for the United States Coast Guard. The announcement was made by Bollinger

Offshore

Oceanteam Offshore Vessels Fully Employed in Q1 2013

Oceanteam also says it continued its investment program in 2.000 / 4.000-ton modular carousel systems. Highlights for the first quarter of 2013: · Revenue from operations USD 16.

UK Offshore Sector Welcomes EU Offshore Safety Initiative

Oil & Gas UK is pleased that a plenary vote in the European Parliament may see the introduction of a directive on offshore safety and environment. Robert Paterson,

Colfax to Supply Pumps for Massive Heavy-lifting Ship

Colfax Fluid Handling, a business of Colfax Corporation, was awarded a contract as the exclusive supplier of hydraulic pumps for a ship capable of lifting the topside

 
 
mobi | rss feeds | archive | history | articles | privacy | contributors | top news | about us | copyright