Asset Report

Block 06-1 (Lan Tay/Lan Do)

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Block 06-1 is located in the Nam Con Son Basin, 370 kilometres from shore, and contains the Lan Tay and Lan Do gas condensate fields. After several years of negotiation, PetroVietnam signed a number of commercial agreements in late-2000/early-2001, allowing development of Lan Tay to proceed. This was the first major gas development in Vietnam. First production from Lan Tay field was achieved on 22 November 2002 with the gas transported to shore via a 370 kilometre dual-phase pipeline.

Table of contents

  • Key facts
    • Summary
    • Key issues
  • Location maps
    • Early Participation
    • Block 06-1
    • BP asset sale
    • TNK-BP acquisition
  • Well data
    • Historical Exploration
  • Reserves and resources
  • Production
    • Lan Tay development
    • Lan Do development
    • Compressor revamping project
    • Wild Orchid development
    • Decommissioning
  • Infrastructure
    • Exploration Costs
    • Capital Costs
      • Decommissioning
    • Operating Costs
  • Sales contracts
  • Fiscal and regulatory
    • Cash Flow
    • Discount rate and date
    • Inflation rate
    • Oil price
    • Gas Price
    • Global Economic Model (GEM) file
  • Economic analysis

Tables and charts

This report includes 22 images and tables including:

  • Key facts: Table 1
  • Index Map
  • Lan Tay/Lan Do Map
  • Well data: Table 1
  • Reserves and resources: Table 1
  • Production: Table 1
  • Production Profile
  • Infrastructure: Table 1
  • Sales contracts: Table 1
  • Fiscal and regulatory: Table 1
  • Fiscal and regulatory: Table 2
  • Fiscal and regulatory: Table 3
  • Cash Flow
  • Economic analysis: Table 2
  • Economic analysis: Table 3
  • Split of Revenues
  • Cumulative Net Cash Flow - Undiscounted
  • Cumulative Net Cash Flow - Discounted at 10% from 01/01/2024
  • Commercial Sensitivities
  • Participation: Table 1
  • Costs: Table 2
  • Costs: Table 1

What's included

This report contains:

  • Document

    Block 06-1 (Lan Tay/Lan Do)

    PDF 6.41 MB

  • Document

    Block 06-1 (Lan Tay/Lan Do)

    XLS 826.00 KB