Vietnam has discovered a new oil flow

Vietnam has discovered a new oil flow

According to information from PVN, on November 30, 2016 when conducting seam
test for the second object at Bach Ho - 47 exploratory drilling well,
Vietsovpetro had discovered a new oil flow.

In this well, Vietsovpetro had received a self ejecting oil flow without
water from the Mioxen object at depth of 3178 - 3277 m. The wellhead
pressure in 25.4 mm taper regime is 32 atmosphere , average oil density -
0.83gr/cm3, calculation flow of oil - 610 m3/day, gas - 110,000 m3/day.

Mr. Le Viet Hai, Vice General Director of Geology said, Vietsovpetro will
exact the geological structure of oil contain layer to value sphere of
distribution and as well as recalculate petroleum reserve for continuing to
assess in this area.

After entirely finishing drill and seam test, the BH - 47 well would be kept
in good condition for the latter exploiting purpose.

The obtained results from BH - 47 well open a new potential for searching,
exploring and exploiting activities in Bach Ho northeast area under Cuu Long
basin on Vietnam shelf.

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Link to Original Article:
http://nangluongvietnam.vn/news/en/oil-and-gas/vietnam-has-discovered-a-new-
oil-flow.html

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John Diecker
APT Consulting Group Co., Ltd.

www.aptthailand.com