Premier wraps up Vietnam appraisal

Offshore staff

LONDON -- Premier Oil has completed appraisal sidetrack CRD-2X-ST on block 07/03, offshore southern Vietnam.

The side track reached its planned TD of 3,340 m (10,958 ft) in the Miocene section, intersecting 18.3 m (60 ft) of net oil pay. This compares with 34.4 m (113 ft) of net oil pay encountered in the up dip CRD-1x well and 3.8 m (12.5 ft) in the down dip CRD-2x well. 

Earlier, the main CRD-2X well had been drilled to a TD of 3,785 m (12,418 ft), testing gas and condensate in two reservoir zones in the Oligocene section. Total net condensate/gas pay in this well was 72 m (236 ft), compared with 17 m (55.8 ft) of net pay penetrated in the Oligocene section in the up dip CRD-1x.

Premier will incorporate the results into its assessment of the Cá Rống Ðo accumulation.
The Ocean General rig will cross the offshore median line into Indonesia to drill two exploration wells on Premier’s Tuna PSC.

Elsewhere, Hess is abandoning the NRS-2a exploratory well in Egypt’s North Red Sea (NRS) block 1 license (Premier 20%).

The well encountered hydrocarbon shows but did not intersect reservoir-quality sandstones, and is being plugged and abandoned. Results will be integrated with geologic, seismic and engineering data to determine if there are other prospects elsewhere on the block.

Offshore Norway, the Songa Delta spudded the Grosbeak appraisal well last weekend (Premier 20%) in license PL378. It will test previously discovered oil accumulations in Jurassic reservoir rocks.

04/27/2011

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