Rosneft to drill offshore southern Vietnam

Offshore staff

MOSCOW – Rosneft Vietnam has contracted Japan Drilling Co.’s Hakuryu-5 rig to drill two exploration wells offshore southern Vietnam.

Both will be drilled next year in blocks 06.1 and 05-3/11 in the Nam Con Son basin.

Rosneft has a 35% operated interest in the block 06.1 production-sharing contract (PSC) area that includes the producing Lan Tay and Lan Do fields, 370 km (230 mi) offshore in water depths of up to 190 m (623 ft).

By June 2015, accumulated production from the block had reached 300 MMboe.

Rosneft has a 100% interest in block 05-3/11, which holds an estimated 40 bcm of gas and 9 MM metric tons of gas condensate.

The company has completed interpretation of a 1,180 sq km-plus (455-sq mi) 3D seismic survey over the area ahead of the planned drilling.

Additionally, Rosneft has 32.67% equity in the Nam Con Son pipeline, which transports gas and condensate from four offshore blocks in the Nam Con Son basin to a power generation complex onshore.



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