Thursday, November 23 2017

VietNamNews

Vietsovpetro earns $18 million from Thiên Ứng gas field

Update: June, 27/2017 - 16:00
Vietsovpetro has exploited 54 million cubic metres of gas and 10,000 cubic metres of condensate gas from Thiên Ứng gas field. — Photo f319.com
Viet Nam News

HÀ NỘI — Việt Nam-Russia Oil and Gas Joint Venture (Vietsovpetro) has exploited 54 million cubic metres of gas and 10,000 cubic metres of condensate gas, valued at US$18 million, from Thiên Ứng field.

Vietsovpetro began its drilling and perforation operations at Thiên Ứng gas field on December 6, 2016.

The figures were disclosed by the Việt Nam Oil and Gas Group (PVN).

The BK-TNG on the Thiên Ứng gas field rig belongs to Lot 04-3, assigned by the government to a group of contractors, including the PVN and Russia’s oil and gas group AO Zarubezhneft, with Vietsovpetro as the operator.

Thiên Ứng gas field was discovered in early 2009 through test well TU-3X. Success in finding natural gas in this field, following previous completed projects in the region, has opened up new opportunities for Vietsovpetro’s growth. — VNS

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