Asset Report
Block 118 (Ca Voi Xanh)
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Ca Voi Xanh (Blue Whale, CVX) was discovered in 2011 and lies in the shallow waters of Block 118 in the Song Hong Basin, near the Chinese 9-dash maritime border claim. The field is one of Vietnam's two largest gas discovery with a gross gas volumes estimated to seven tcf (including CO2 and other inert gas). In 2017, PetroVietnam and ExxonMobil cleared a crucial commercial hurdle by signing a framework HOA on the development and, more importantly, the gas sales for CVX. CVX will underpin two power generation complexes. The gas will be transported to shore via an 88-kilometer pipeline and will initially fire-up four power plants with a combined capacity of 3,000 MW. The power plants will have a capacity of 750 MW each and were all expected to be commissioned between 2023 and 2024. A fifth-750 MW power plant may be added at a later date. Nevertheless, progress has stalled and we now expect first production not earlier than 2030.
Table of contents
- Key facts
-
Summary and key issues
- Summary
- Key issues
- Location maps
- Participation
- Geology
- Well data
- Exploration
- Reserves and resources
-
Production
- Emissions
- Development
- Infrastructure
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Costs
- Exploration costs
- Capital costs
- Operating costs
- 4 more item(s)...
Tables and charts
This report includes the following images and tables:
- Key facts: Table 1
- Index Map
- Detail Map
- Participation: Table 1
- Well data: Table 1
- Reserves and resources: Table 1
- Reserves and resources: Table 2
- Production: Table 1
- Production Profile
- Sales contracts: Table 1
- Cash flow
- Economic analysis: Table 2
- 8 more item(s)...
What's included
This report contains:
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