The Cuu Long Joint Operating Company said it has discovered oil and gas at the Su Tu Nau (brown lion) 3X oil field off the southern province of Ba Ria-Vung Tau.
The new discovered deposit, which stands 3,000 barrel a day, will help the company increase its production output in the future, a company executive said.
Cuu Long JOC is a joint venture between the PetroVietnam Exploration and Production Corporation and its partners from the UK , the Republic of Korea and Monaco to explore and tap oil at Lot 15.1 in Vietnam ’s continental shelf.
The company is operating three oil fields: Su Tu Den (black lion), Dong Bac (northeast) and Su Tu Vang (golden lion).
In 2010, the company plans to pump 4.34 million tonnes of oil and gas./.
The new discovered deposit, which stands 3,000 barrel a day, will help the company increase its production output in the future, a company executive said.
Cuu Long JOC is a joint venture between the PetroVietnam Exploration and Production Corporation and its partners from the UK , the Republic of Korea and Monaco to explore and tap oil at Lot 15.1 in Vietnam ’s continental shelf.
The company is operating three oil fields: Su Tu Den (black lion), Dong Bac (northeast) and Su Tu Vang (golden lion).
In 2010, the company plans to pump 4.34 million tonnes of oil and gas./.