Asset Report

Block 15-2 (Rang Dong & Phuong Dong)

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Block 15-2 is located in the Cuu Long Basin and includes two oil and gas discoveries: Rang Dong and Phuong Dong. Rang Dong was brought onstream in 1998, initially via an early production system (EPS) involving a floating production, storage and offloading unit (FPSO). A new PSC was signed in April 2025 under the new 2022 Petroleum Act.

Table of contents

  • Summary
    • ConocoPhillips' asset sale
    • Phuong Dong extension
    • Perenco's asset sale
    • 2025 new PSC signed
    • 2025 PSC reserves
    • Previous PSC reserves
    • Previous PSC
    • 2025 PSC
    • 2025 PSC developments
    • Wells
    • Facilities
    • Floating Production Storage Offtake (FPSO) summary
    • Rang Dong Stage 1
    • E1 WHP summary
    • S1 WHP summary
    • Central Production Complex (CPC North) summary
    • 8 more item(s)...
  • Phuong Dong
  • Gas developments
    • Previous PSC
    • 2025 PSC
    • Pre-2025 PSC (defunct)
    • 2025 PSC
  • Cash Flow
  • Block 15-2 (2025 PSC)
  • Rang Dong
  • Phuong Dong

Tables and charts

This report includes the following images and tables:

  • Index Map
  • Block 15-2 Map
  • Pipeline Summary
  • Exploration Costs 2017 to 2025 (US$ million)
  • Cash Flow (US$)
  • PV Table (US$)
  • Summary Table (US$)
  • Split of Revenues
  • Cumulative Net Cash Flow - Undiscounted
  • Cumulative Net Cash Flow - Discounted at 10% from 01/01/2025
  • Remaining PV Price Sensitivities
  • Cash Flow (US$)
  • 29 more item(s)...

What's included

This report contains:

  • Document

    Block 15-2 (Rang Dong & Phuong Dong)

    XLS 1.40 MB

  • Document

    Block 15-2 (Rang Dong & Phuong Dong)

    PDF 3.13 MB