Lac Da Nau probe delivers the goods

French giant Total and its partners in Block 15-1/05, in Vietnam’s offshore play, have hit oil with the first well drilled on the Lac Da Nau prospect.

Total said the 15-01/05 LDN-1X well was drilled in a water depth of 45 metres and produced 4200 barrels per day of 44 API oil during tests carried out in the basement.

The discovery well lies about 110 kilometres to the east of Vung Tau, about 65 kilometres off the coast, and was drilled in a water depth of 45 metres.

The block is operated by PetroVietnam subsidiary Phu Quy Petroleum which has a 40% stake. The other partners on Block 15-1/05 are Total (35%) and SK Energy (25%).

Tags: Vietnam business news, Vietnam Petroleum

Posted by VBN on Nov 23 2009. Filed under Oil-Gas & Petroleum. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry