Salamander Plugs Vietnam Well

摘要

UK-listed Salamander Energy has plugged and abandoned a frontier exploration well off northern Vietnam after failing to find commercial volumes of hydrocarbons (IOD Aug.4'11). The firm said the Cat Ba-1X well was drilled to a total depth of 1,724 meters and encountered 38 meters of net hydrocarbon pay in Tertiary clastics, the secondary target. In the primary objective, the Palaeozoic "buried hills" play, no oil shows were observed and only low levels of gas were found. Pressure data and seismic mapping indicate the resources encountered by the well are probably below levels needed for commercial development, Salamander said.