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New oil reserve found in Bach Ho well

A new oil reserve was found in Bach Ho-47 (BH-47) well, announced the Vietnam Oil and Gas Group on December 1.
New oil reserve found in Bach Ho well ảnh 1Illustrative photo (Photo: nangluongvietnam.vn)

Hanoi (VNA) – A new oilreserve was found in Bach Ho-47 (BH-47) well, announced the Vietnam Oil and GasGroup on December 1.

The Vietnam-Russia Oil and Gas JointVenture Vietsovpetro discovered the oil reserve while exploiting BH-47 onNovember 30. It is expected to generate output of more than 610 cubic metres ofoil and 110,000 cubic metres of gas a day, according to Quan Doi Nhan Dan(People’s Army) newspaper.

Upon completing trial drilling, oilwell BH-47 will be reserved for future use.

The discovery of a new oil reserveshows the potential for gas and oil exploration in the north eastern area ofBach Ho well of the Cuu Long oil field in Vietnam’s continental shelf.-VNA

VNA
#oil reserve#Bach Ho-47#gas and oil exploration#continental shelf
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