Eni Finds Gas Offshore Vietnam

Eni’s exploration well, located in block 114, Song Hong Basin, offshore Vietnam, has proven the presence of gas and condensate in the Ken Bau prospect.

Eni Vietnam is the operator of Block 114 with a 50% share, while ESSAR E&P holds the remaining 50%.

The exploration well Ken Bau 1X has been drilled at a depth of 95 meters below water level, and reaches a total depth of 3606 meters, encountering several intervals of gas and condensate sandstone interbedded with Miocene age shale, with an estimated net reservoir thickness in excess of 100 meters.

Ken Bau 1X well was plugged and abandoned ahead of the original plan due to technical issues, prior to reaching deeper levels that could hold significant additional resources. Eni is already planning a drilling campaign early next year to fully assess the substantial upside of the discovery, the company said.

Eni in Vietnam currently operates four blocks all located in the underexplored Song Hong and Phu Khanh basins, offshore central Vietnam.