Exploration and appraisal activities in 2006 - 2012, plan for 2015 and strategy for future upstream activities
Abstract
One of the most important activities to the technical staff in general and petroleum geologists in particular is to orient the exploration activities, to evaluate the potential hydrocarbon reserves then to conduct its production logically. The first issue of this paper is to introduce to the readers and to colleagues (in and out of the petroleum domain), a summary of the exploration and appraisal activities of Petrovietnam in Vietnam as well as overseas during the period of 2006 - 2012 with the sudden changes reflecting, especially in background of the world’s economic crisis that has occurred. Several petroleum contracts have been signed, the 2D and 3D seismic acquisition has been conducted, more than 150 exploration and appraisal wells have been drilled during this period and several new fields/discoveries have been found in both offshore Vietnam and overseas. The total incremental reserves is one of the good examples to demonstrate that Petrovietnam’s orientation in the oil and gas exploration, appraisal and production domain is correct.
An exploration and appraisal plan for 2015 and a strategy for further campaigns of exploration and appraisal have also been dealt with in this document with the main points and real events being emphasised. This paper also presents the importance of extending co-operation, sharing experiences and strengthening the abilities to farm-in overseas petroleum contracts by applying a diplomatic petroleum policy.
References
2. Block Savanakhet (Laos);
3. Block XV (Cambodia);
4. Block Randugunting (Indonesia);
5. Block M2 (Myanmar);
6. Block Danan (Iran);
7. Blocks N31, N32, N42, N43 (offshore Cuba);
8. Block 162 - Ucayali basin (Peru);
9. Block Marine XI (Congo);
10. Block Majunga (Madagascar);
11. Block Kossor (Uzerbekistan).
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