Mitra sizes up Vietnamese prospects

Mitra Energy has completed the acquisition of 533sq km of full-fold 3D seismic data in the Block 127 Production Sharing Contract area, offshore Vietnam.  

The survey was undertaken by PTSC CGGV Geophysical Survey Co. using the 3D seismic survey vessel Amadeus, with a view to identifying drilling locations.  

The survey fulfills the 500sq km Exploration Phase One extension 3D seismic acquisition commitment under the Block 127 PSC.

Mitra operates the PSC with 100% equity. The PSC represents Mitra's first foray into frontier deepwater exploration in Vietnam, the company says. Activities are focused on the unexplored deepwater, eastern half of the block.

Some 4015 full fold line km of 2D seismic data was acquired during 2012. Pre-STM processing of the 2D seismic data was completed in February 2013 and resulted in the identification of three prospects and six leads with a combined gross unrisked Prospective Resources of 1379 MMboe (Pmean) to 3037 MMboe (P10).

The 3D seismic acquisition was to identify drilling locations over the key prospects. 

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