Essar Exploration & Production Limited (EEPL) and ENI have jointly announced that their exploration well located at Block 114, Song Hong Basin, Offshore Vietnam, has established the presence of gas and condensates in the Ken Bau prospect. ENI is the operator of the block with 50 per cent participating interest. ENI has confirmed that
- Its exploration well located at Block 114, Song Hong Basin, offshore Vietnam, has proven the presence of gas and condensate in the Ken Bau prospect. The well result indicates potential of the hydrocarbon accumulation.
- The exploration well Ken Bau 1X has been drilled at a depth of 95 m below water level, and reaches a total depth of 3,606 m, encountering several intervals of gas and condensate sandstone.
- Ken Bau 1X well was plugged and abandoned ahead of the original plan due to technical issues, .
- Ken Bau 1X results represent a breakthrough for evaluating the exploration potential in the Song Hong Basin.