Essar, ENI find gas in offshore Vietnam block

Mumbai: Essar Exploration & Production Ltd (EEPL) and Italian energy major ENI, have found gas and condensates in the Ken Bau prospect, on Block 114, Song Hong Basin, in offshore Vietnam. ENI is the operator of the block with 50% participating interest. EEPL holds the remaining 50%.

“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 a significant potential of the hydrocarbon accumulation,” EEPL said in a press statement.

Ken Bau 1X well was plugged and abandoned ahead of the original plan due to certain technical issues, prior to reaching deeper levels that could hold significant additional resources.