SYDNEY, Australia -- The Red Emperor well has proven oil and gas, according to Pan Pacific Petroleum NL (PPP).
The well, located on block 07/03 offshore Vietnam, encountered oil and gas shows while drilling -- the results of logging with the Modular Dynamic Tester (MDT) and other wireline tools have established approximately 90 m (295 ft) net pay comprising both oil and gas within multiple stacked reservoir layers, the company reports. Two of these reservoir zones were tested and flowed oil at a combined rate of 3,265.4 b/d of oil and 8.1 MMcf/d of gas through a 48/64-in. choke. No water was produced from either zone.
The company now plans to conduct a 3D survey to define the resource potential of the discovery and adjacent structures, and to determine future exploration and appraisal activity.
The semisub Hakurya-5 drilled the exploration well to TD at a measured depth of 3,810 m (12,500 ft) BRT, intersecting target intervals.
Red Emperor well hits pay offshore Vietnam
The Red Emperor well has proven oil and gas, according to Pan Pacific Petroleum NL (PPP).