Lundin Petroleum abandons exploration well offshore Vietnam
Posted: 26 June 2009
Lundin Petroleum AB reported that the exploration well 06/94-TV-1X (Toung Vi-1X) offshore Vietnam has reached a target depth of 2,700 meters.
The primary target of the well was the oil potential of the Mio-Oligocene Dua and Cau Formations sandstones.
Wireline logs acquired to date indicate that no significant hydrocarbons are present in good quality sands in the objective section.
The well is being plugged and abandoned as a dry hole.
The well was drilled using Diamond Offshore's semi-submersible rig, the Ocean General.
Lundin Petroleum has a licence interest of 33.33 per cent together with Pearl Energy (operator) 33.33 per cent, AWE 23.3 per cent and Serica with 10.00 per cent.
Posted by Richard Price, Editor, EnergyME.com
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