Premier Oil Announces Drilling Update in Vietnam

Source: www.gulfoilandgas.com 7/8/2008, Location: Asia

The Chim Ung -1 well has been drilled to a total depth of 3,735m, penetrating the target Dua reservoirs. After encountering good oil shows wireline logging confirmed 10 metres of (net) oil pay within Upper Dua sandstones and a further 5 metres of (net) oil pay in a shallower reservoir. The reservoir quality is slightly better than expected.

The well was sidetracked to drill the adjacent Chim Boi fault block and encountered oil shows. The well is being plugged and abandoned and the rig will now move to drill the Chim Cong (Peacock) prospect. Significantly this well has confirmed that oil has charged structures in this southern part of our acreage.

Premier (operator) holds a 37.5% interest in Block 12W, with partners Santos (37.5%) and Delek Energy (25%).


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Related Categories: Artificial Lift  Cementing, Stimulation  Directional Drilling  Drilling  Drilling Engineering & Equipment Systems  Enhanced Oil Recovery  General  Logging, Perforating, Testing  Offshore Drilling  Reservoir/Completion Consultants  Workover & Well Services  Workover Rigs/Services 

Related Articles: Artificial Lift  Cementing, Stimulation  Directional Drilling  Drilling  Drilling Engineering & Equipment Systems  Enhanced Oil Recovery  General  Logging, Perforating, Testing  Offshore Drilling  Reservoir/Completion Consultants  Workover & Well Services  Workover Rigs/Services 


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