Asset Report
Block 09-1 (Bach Ho/Rong)
Report summary
The Bach Ho and Rong fields are located in the Cuu Long Basin and are operated by the Vietnamese/Russian joint venture, Vietsovpetro. Bach Ho is Vietnam's largest single producing field and has been in production since 1986. Peak oil production of 267,370 b/d was reached in 2001, but the field has been in steady decline since. The completion of a 107 kilometre, 16-inch pipeline in 1995 allowed associated gas, which had previously been flared, to be brought ashore by PetroVietnam. Gas production increased significantly in 1998 and 1999 with the completion of the initial development phase of the onshore Dinh Co gas processing plant, and the installation of a gas compression platform. This was further increased from late-2010 as the Rong and Doi Moi field gas recovery project to install a new compression unit was completed. Gas is supplied to power generation plants at Ba Ria and Phu My. The Rong field started production in December 1994, but has experienced production problems.
Table of contents
- Key facts
-
Summary and key issues
- Summary
- Key issues
- Location maps
- Participation
-
Geology
- Bach Ho field
- Rong field
- Well data
- Exploration
- Reserves and resources
- Production
-
Development
-
Liquids
- Development
- Initial oil development
- Water injection
- Crude storage
- Nam Rong-Doi Moi
- Gas
-
Liquids
- Infrastructure
- Costs
- Sales contracts
- Fiscal and regulatory
-
Economic assumptions
- Cash Flow
- Discount rate and date
- Inflation rate
- Oil price
- Gas Price
- Global Economic Model (GEM) file
-
Economic analysis
- Cash flow
Tables and charts
This report includes 35 images and tables including:
- Key facts: Table 1
- Index Map
- Bach Ho Map
- Participation: Table 1
- Well data: Table 1
- Exploration: Table 1
- Reserves and resources: Table 1
- Reserves and resources: Table 2
- Production: Table 1
- Block 09-1 Production Profile
- Block 09-3 Production Profile
- Infrastructure: Table 1
- Costs: Table 1
- Costs: Table 2
- Costs: Table 3
- Costs: Table 4
- Costs: Table 5
- Sales contracts: Table 1
- Fiscal and regulatory: Table 1
- Fiscal and regulatory: Table 2
- Fiscal and regulatory: Table 3
- Block 09-1 (Bach Ho and Rong)
- 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
- Remaining PV Price Sensitivities
- Block 09-3
- Economic analysis: Table 5
- Economic analysis: Table 6
- Split of Revenues
- Cumulative Net Cash Flow - Undiscounted
- Cumulative Net Cash Flow - Discounted at 10% from 01/01/2024
- Remaining PV Price Sensitivities
What's included
This report contains:
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