September 2007

Exploration discoveries

Asia. Hoang Long Joint Operating Co. made a gas discovery offshore Vietnam in the Cuu Long basin with its TGD-1X (Te Giac Den) exploration well. The well was drilled on Block 16-1 and found pay in two Oligocene sandstone intervals on a structure that covers 11.6 sq mi. Apache Corp.’s Julimar East-1 exploratory/appraisal well in Australia’s Carnarvon basin tested two reservoir intervals at a combined rate of 85 MMcfd of gas. The well logged 224 ft of net gas pay in six sandstone reservoirs of the Triassic Mungaroo formation. This represents a 70% increase in net pay from the company’s April 2007 Julimar-1 discovery well. Recoverable reserves for the Julimar complex could exceed 1 Tcf of gas. Reliance Industries made an oil and gas discovery in the deepwater sector of the Cauvery basin off India’s southeast coast ...

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