SK Earthon starts first oil production at Vietnam's Golden Camel field

SK Earthon, the resource development arm of SK Innovation, has begun first oil production at the Golden Camel structure in Vietnam's Block 15-1/05. Recoverable reserves are estimated at about 60 million barrels, with block output expected to reach 25,000 barrels per day. A new 56-meter pay zone was also found nearby.

• Recoverable reserves at Golden Camel estimated at about 60 million barrels
• Production started in late September, ahead of schedule, operator is Murphy
• Block output expected to reach 25,000 barrels per day after full development
• Stakes: Murphy 40%, PVEP 35%, SK Earthon 25%