SOCO Provides Vietnam Drilling Update

Friday, May 4, 2007      
 

SOCO International plc's majority owned subsidiary, SOCO Vietnam Ltd., announces that the Te Giac Cam (TGC-1X) well, the first well on Prospect "S" in Block 16-1, will be plugged and abandoned after reaching a total depth of 4,196 metres. While the reservoir in the primary target, the Lower Bach Ho 5.2 interval, was not developed, the well did encounter oil shows in the Oligocene and the well was deepened to further evaluate this section.

While drilling in the Oligocene, the well encountered unexpected high pressure, with associated oil and gas shows, and had to be cased using a 7 inch liner prior to drilling to total depth. Examination of the well and logging data indicated that, despite the hydrocarbon influx, it was not sufficiently encouraging for the well to be tested. However, overpressure in the Oligocene could be a positive indication for the Oligocene/Basement target on Prospect "E" approximately 17 kilometres to the southeast.

This rig will be released; however, a new rig, the Adriatic XI, is expected to arrive in June to continue exploration drilling on Block 16-1.

The PVD-1 drilling rig spudded the Te Giac Den (TGD-1X) well on Prospect "E" in Block 16-1 on 5 April 2007. This is the first well for the new rig retained primarily to drill development wells on the Ca Ngu Vang field on Block 9-2. The rig is currently drilling ahead at approximately 1,800 metres preparing to set 13 3/8" casing. The well is expected to take approximately 60 days to drill. A test, if required, would add approximately 30 days to the schedule.


 

Join 80,000 oil and gas professionals who receive our weekly newsletter.

You may unsubscribe at any time with one click.

Article Tags

SOCO International Vietnam Asia Far East Spud Watch


This article is for information and discussion purposes only and does not form a recommendation to invest or otherwise. The value of an investment may fall. The investments referred to in this article may not be suitable for all investors, and if in doubt, an investor should seek advice from a qualified investment adviser. More


Related News


Upcoming OilVoice Training Course

Petroleum Geology of West Africa (Two Day Course)
Please note that this course is spread over two days. The course reviews the key regional controls on petroleum systems and prospectivity across the West African continental margin, covering all onshore, shelfal and deepwater settings between South Africa and Morocco. This second run of the course h...
London - 10 Jun


Trainer
Duncan Macgregor

Cost
£1000

Discount Code
OilVoice-10 for 10% off any course.View Course

All OilVoice Training Courses
Popular Headlines View all
Latest Opinion View all
Join 80,000 other oil and gas professionals

Network with others, build your profile, and receive the latest oil and gas news in your inbox. It's free!

Create profile
OilVoice Training All upcoming

About

OilVoice, established in 2002, is your leading source of upstream news, jobs and industry information.


Newsletter

Each week we send our weekly industry round-up. Why not try it? You may unsubscribe at any time.

Contact OilVoice

Milton Keynes
United Kingdom
Phone: +44 207 993 5991
Contact Us


Stay Connected


2015 © OilVoice  .  Privacy Policy  .  Terms of Service  .  Oil Careers  .  Advertise with us