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Vietsovpetro earns $18 million from Thien Ung gas field

Jun 27th at 15:44
27-06-2017 15:44:33+07:00

Vietsovpetro earns $18 million from Thien Ung gas field

Viet 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 Thien Ung field.

 

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

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

The BK-TNG on the Thien Ung 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.

Thien Ung 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.

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