To date, most of the oil and gas production in Cuu Long Basin (CLB) is contributed from structural traps, making them more and more depleted after years of exploitation. Exploration activities in CLB, therefore, are shifting towards other traps, including stratigraphic and/or combination ones. The results of exploration and appraisal activities in recent years have increasingly discovered more hydrocarbons in the Oligocene section; some of them were discovered in combination/ stratigraphic traps. Many studies on Oligocene targets in Southeast CLB have been carried out but only a few mention nonstructural traps. This leads to uncertainty about the forming mechanisms and distribution, as well as unevaluated hydrocarbon potential of these traps. An integrated approach- utilizing methods of seismic sequence stratigraphy, seismic attribute interpretation, and petrophysical/ petrographical analysis- was applied in this research to identify the forming mechanisms of Oligocene combination/ stratigraphic traps in southeast area of CLB and to evaluate their reservoir quality. The research results show that the key forming factor for stratigraphic traps of sand body is lithology change and the one for pinch-out stratigraphic traps is tapering off of sand layers landward or toward the horsts. The reservoir quality of these traps ranges from moderate to good. By integratedly applying the methods, the forming mechanisms and reservoir quality of Oligocene stratigraphic traps could be delineated. In order to optimize the next-stage exploration strategy in CLB, detailed studies on petroleum system, especially top and bottom seals, and the hydrocarbon potential of these stratigraphic traps, need to be carried out.

Based on the analysis and interpretation of drilling and petrophysics documents, the paper evaluates the hydrocarbon potential of the Oligocene sandstone set at field X. The paper presents some methods of gas classification based on gas chromatographic indicators and the hydrocarbon content in the drilling fluid. Besides, the paper also developed a process to analyze the fluid composition in the formation based on the Wh-Bh-Ch indexes on the gas peaks in the mud logging. The interpreted results from 8 gas peaks in the X-S16P well through the Oligocene sedimentary set identified potential oil and gas zones of field X, as well as the distribution of reservoir fluid. By comparing the results of well logging from GR, density, resistivity curves and the analysis of DST, it corrects the O&G behaviors at field X. The DST’s results of X-S16P well at X field in a depth interval of 2,827- 2,887m throughout the interlaced sandstone set indicate an oil flow rate of 8,826 barrels/day, which is coincident with the results of O&G behavior in mud logging; therefore, it’s concluded that the integration of mud logging with other petrophysical documents allows increasing the reliability of O&G potential evaluation. Furthermore, analyzing and evaluating different indicators to determine the gas composition throughout the drilling process is considered a quick way to predict and classify the products.

The previous researchs almost demonstrated the reservoir in Lower Oligocene sandstone has complicated distribution, probably low porosity and permeability, no nature flow are seen by wells. Based on recent study results of depositional environment of E Oligocene sedimentary in Cuu Long basin and E sand distribution in blocks 01/10 & 02/10, block 09-2/09, block 09-2/10 and block 16-2 area, the paper determines depositional facies according to petrophysic and geophysic data. From Chrono-stratigraphy priciple, as well as interpretation and intergration of seismic data, well data, well log data, core & sample analysis results, petrophysic data, well test data, the paper forcuses on create correlation lines between wells and seismic line for confirming Oligocene E distribution in Cuu Long basin, buildup the gross mapping for depositional environment in sub-sequence Oligocene E upper and E lower and mapping of seismic attributes for sub-sequence Oligocene E upper and E lower.At last successfully predict the sand distribution in Oligocene E upper and E lower sub-sequence in research area and hence determine the stratigraphic traps in Oligocene formation of South-East area Cuulong basin.

Based on the update of exploration data the oil and gas potential within block 05-1 are studied through define the source rocks, Hydrocarbon (HC) generation, expulsion and migration, focusing on source rock Oligocene /Early Miocene and Middle Miocene; Define the accumulation of hydrocarbon in Lower Miocene targets; The results of assessments for source rock, oil sampling analysis is used to determine the relationship between in–situ oil or oil migrated from other places. The workflow of basin modeling is assigned to get output (migration pathways, volume of accumulation), as well as data calibration. Main source rocks include H150, H125 shales and H150 coal with Total organic carbon (TOC)~1 and 47 respectively. These source rocks are medium to good potential. At the present time, most of the source rocks are in oil window, while the deep parts is in gas window. Oil started to be generated in Early Miocene, and started to be expulsed in Late Miocene. Gas started to be generated in Quaternary, about to be expulsed. The oil migrated mainly from the troughs at the West and minorly from the East and South to Dai Hung High. Gas started to migrate from West to East and South West to North East at the Western part. However, at the Eastern part, gas migrated from the opposite direction. The results of sensitive analyses show more oil in max source rock case, therefore, a 3D model development is recommended and identify the differences in generation characteristics between Nam Con Son and Cuu Long basins.

So far, the understanding of Pre-Tertiary formations in the Phu Quoc basin is eliminated due to lack of drilling and the absence of outcrops except on Phu Quoc Island and some other isles. By analogue with stratigraphic information from surrounding areas, seismic horizons may be correlated with known-age strata. Strata of pre-Cambrian and Early Paleozoic ages have not been discovered yet in SW Viet Nam but by analogue may consist of metamorphosed rocks such as chloritized phylite, sericite schist, and quartzite sandwiched with ultra basic rocks. Therefore, PetroVietnam assigned PVEP to perform acquisition of 2D seismic on the area of blocks 41- 44 in order to get additional data for more precise evaluation of the petroleum potential and defining the exploration strategy in the Phu Quoc area.Based on seismic data interpretation in block 42 of Phu Quoc Basin, the Isodepth maps were constructed by approach of conversingtime to depth from isochrone maps. The results of interpretation allowed to identify many seismic closures particularly on the isodepth map of the Brown section, but these closures are located deeply above 5000m, which reliability is fair and economic effect is weak. Hence, the Brown horizon did not considered as structures identified on and concentrate to describe those determined in the Orange and Purple horizons. Result of interpretation indicated 8 closures, which could be identified in the Orange and Purple horizons