Eni has announced that exploration well, Ken Bau-2X, located in Block 114, Song Hong Basin, offshore Vietnam, is showing signs of a significant hydrocarbon accumulation on the Ken Bau discovery, according to a press release.
Ken Bau-2X was drilled 2 km apart from the discovery well at a depth of 95 meters to a total depth of 3658 meters below sea level. A pay in excess of 110m in several intervals of Miocene sandstones interbedded with shale was encountered.
Preliminary estimates of Ken Bau accumulation provide a range between 7 and 9 trillion cubic feet (tcf) of raw gas in place with 400 – 500 million barrels (mmbbl) of condensates.
The most recent Ken Bau-2X results are further to the discovery that Eni made in 2019, further compounding the importance of this offshore block. What’s more, Eni Vietnam is currently planning additional drilling and testing on Ken Bau discovery coupled with new drilling and seismic activity in the Song Hong basin, where Eni operates with a 100% share the neighboring Block 116.
Eni Vietnam is the Operator of Block 114 with a 50% share; Essar E&P holds the remaining 50%.