Asset Report
Block 15-2 (Rang Dong & Phuong Dong)
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
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
-
Key Issues
- ConocoPhillips' asset sale
- Phuong Dong extension
- Perenco's asset sale
- 2025 new PSC signed
- 2025 PSC reserves
- Previous PSC reserves
- Previous PSC
- 2025 PSC
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Recent/Future Development activities
- 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
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Exploration Costs
- 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:
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Index MapBlock 15-2 MapPipeline Summary
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Exploration Costs 2017 to 2025 (US$ million)Cash Flow (US$)PV Table (US$)Summary Table (US$)Split of RevenuesCumulative Net Cash Flow - UndiscountedCumulative Net Cash Flow - Discounted at 10% from 01/01/2026Remaining PV Price SensitivitiesCash Flow (US$)
- 29 more item(s)...
What's included
This report contains:
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