Idemitsu group finds gas-condensate off Vietnam

A group led by Idemitsu Oil & Gas Co. Ltd., Tokyo, has made a gas-condensate discovery at the third well drilled on blocks 05-1b and 05-1c offshore 300 km southeast of Ho Chi Minh City, Vietnam.

Geological information wasn’t provided, but the company said it drilled the well between August 2012 and January 2013 and drillstem tested it from February to April. The company will conduct a detailed reserves review and evaluate other potential prospects on the blocks.

Idemitsu signed a production sharing contract with Petrovietnam on Oct. 28, 2004. It shot 2D and 3D seismic in 2005 and began drilling in 2007 (OGJ Online, Jan. 10, 2007).

Operator Idemitsu holds a 35% stake in the venture, JX Nippon Oil & Gas Exploration Corp. has 35%, and Teikoku Oil (Con Son) Co. Ltd. has 30%.

Related Articles

AAPG ICE: Turkey sees early shale oil development

09/22/2014

Turkey is slightly larger than the state of Texas geographically, yet the country has only seen 4,400 wells drilled since 1940.

AAPG ICE: Seismic reprocessing enhances potential for Russia's legacy basins

09/22/2014 Russia's Precaucus and Uralian Foreland basins are the oldest and most developed oil and gas producing regions in the country. As the "birthpl...

ExxonMobil ‘winding down’ Arctic well, complying with US, EU sanctions on Russia

09/19/2014 ExxonMobil Corp. released a statement that the company is complying with all US sanctions on Russia after news reports that the operator had halted...

AWE makes gas discovery under existing Senecio field

09/18/2014 AWE Ltd., Sydney, has increased the worth of its Senecio gas field in permits L1/L2 in the onshore Perth basin of Western Australia with a discover...

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected