Asset Report

Block 15-1/5 (Lac Da Vang)

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Block 15-1/5 is located in the shallow waters of the Cuu Long basin and covers an area of nearly 3,000 km2. The block contains four oil fields, Lac Da Vang, Lac Da Nau, Lac Da Trang and Lac Da Hong. Lac Da Vang development was sanctioned in 2023 and will be the first field in the block to start production in 2026. The operator, Murphy, recently discovered the Lac Da Hong field in 2025.

Table of contents

  • Summary
  • Key Issues
    • Key development metrics
  • Exploration costs
  • Capital costs
  • Operating costs
  • Cash flow
  • Gas Price
  • Global Economic Model (GEM) file
  • Cash Flow
  • Indicative Technical Valuations

Tables and charts

This report includes the following images and tables:

  • Index Map
  • Detail Map
  • Participation
  • Reserves (2P) at 01/01/2025
  • Contingent Resources (2C) at 01/01/2025
  • Production (2025-2034)
  • Production Profile
  • Exploration Costs 2017 to 2025 (US$ million)
  • Capital Costs 2024 to Post-2032 (US$ million)
  • Operating Costs 2026 to 2035 (US$ million)
  • Annual Gas Prices
  • 10 more item(s)...

What's included

This report contains:

  • Document

    Block 15-1/5 (Lac Da Vang)

    PDF 3.10 MB

  • Document

    Block 15-1/5 (Lac Da Vang)

    PDF 1.94 MB