SOCO announces that the exploration well on the H5 fault block of the Te Giac Trang (“TGT”) field, the TGT-10X well, spudded on 20 th June 2013.
The well is located approximately six kilometres south of the H4 Well Head Platform, which is in the southern part of Block 16-1’s TGT Field in the Cuu Long Basin off the southern coast of Vietnam.
The TGT-10X well is the first in a four well drilling programme to be conducted this year on the TGT field and will be drilled with the jack-up drilling rig Naga-2. The well is expected to take 25 to 30 days, with a planned depth of approximately 4,400 metres below mean sea level. Further updates will follow in due course.