• Subscribe
  • Magazine
  • Videos
  • Webcasts
  • Events
  • About Us
  • Exclusive Content
  • Best Places to Work
    1. Field Development

    Murphy drilling two wells offshore Vietnam

    Nov. 8, 2024
    Murphy Oil provides offshore project updates in its latest results statement.
    Related To: Murphy Oil Corp.
    Courtesy Murphy Oil Corp.
    offshore Vietnam_credit Murphy Oil Corp
    Murphy holds a 65% operated working interest in deepwater blocks 144 and 145 in the Phu Khanh Basin and also owns a 40% operated working interest in block 15-1/05 and 15-2/17 in the Cuu Long Basin.

    Murphy Oil has spud the first of two planned exploration wells offshore Vietnam, the company said in a results statement.

    The current Hai Su Vang-1X well in Block 15-2/17 will be followed by the Lac Da Hong-1X exploration well in Block 15-1/05. Murphy serves as operator, with a 40% working interest. 

    Construction has started on the platform for the Lac Da Vang field development in the offshore Cuu Long Basin, with first oil targeted for 2026 followed by continued development through 2029. The estimated recoverable resource is 100 MMboe.

    Courtesy Murphy Oil Corp.'s third-quarter 2024 earnings presentation
    Cuu Long Basin
    In the US Gulf of Mexico, Murphy has brought online the Mormont #3 well in Green Canyon 478 and completed workovers on the Neidermeyer, Dalmatian and non-operated Kodiak fields.

    Drilling has started on the Mormont #4 well, and water injection has begun at Chevron’s St. Malo waterflood project.

    Murphy’s Sebastian #1 exploratory well in Mississippi Canyon 387 encountered non-commercial hydrocarbons and has been plugged and abandoned.

    Courtesy Murphy Oil Corp.'s third-quarter 2024 earnings presentation
    Gulf of Mexico exploration area