HOUSTON, May 23 -- Conoco Inc. and its partners in Block 15-1 off Viet Nam said Sutu Den-2X appraisal well supports the viability of the Sutu Den (Black Lion) prospect.
The well flowed 11,032 b/d of oil in a combined well test from two major pay zones in the fractured basement and Miocene reservoirs. The oil is between 34 and 36°-gravity.
Sutu Den is in the Cuu Long basin, 120 miles southeast of Ho Chi Minh City. It is on the far east side of Block 15-1 in 154 ft of water.
Sutu Den-2X is 1.6 miles from the discovery well, which flowed more than 12, 600 b/d of oil from three zones, with additional flow potential.
"We're encouraged by the continued success of Block 15-1, and feel the Sutu Den prospect has the potential to be significant in size," said Rob McKee, Conoco executive vice-president, worldwide exploration and production. "Results to date support the commercial viability of the field, so the plan is to accelerate development to bring the field to production as soon as possible."
Conoco owns 23.25% of the 1.15 million-acre Block 15-1. Other partners are Petrovietnam, 50%; Korean National Oil Corp., 14.25%; SK Corp., 9%; and Geopetrol, 3.5%.
Conoco also holds a 36% interest in adjacent Block 15-2.
