Murphy Oil's Exploration Well Offshore Vietnam Unveils Promising Oil Discovery

On January 8, 2025, Murphy Oil announced that its subsidiary has drilled an oil discovery at the Hai Su Vang-1X exploration well in Block 15-2/17 in the Cuu Long Basin, located 40 miles offshore Vietnam. The well was drilled to total depth of 13,124 feet in 149 feet of water. Hai Su Vang-1X encountered approximately 370 feet of net oil pay from two reservoirs. Additional evaluation is ongoing and future appraisal drilling will be conducted. Hai Su Vang is one of m... Read More