Country report
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56 Pages

Vietnam upstream summary


Vietnam upstream summary

Report summary

Vietnam has two core producing regions, the Cuu Long and Nam Con Son basins, both located off the country's south coast. The Cuu Long Basin, located nearer to the shore, contains the giant Bach Ho oilfield, which is now in terminal decline, plus a number of other oilfields. Gas from nearby developments is routed through the Bach Ho gas facilities and piped onshore to market. The Nam Con Son Basin is mostly gas-prone, and is home to the Lan Tay/Lan Do project, which supplies around half ...

What's included?

This report includes 2 file(s)

  • Country Overview PDF - 1.98 MB 56 Pages, 35 Tables, 20 Figures
  • Country Overview XLS - 1.43 MB

Description

Volatility in oil markets has led players in the upstream oil and gas industry to focus on reducing capital spend and operating costs. At the same time, governments need to review fiscal terms to maintain attractiveness and investment.

This country report gives an overview of the key upstream issues for this country. If you’re interested in identifying and assessing upstream investment and expansion opportunities, this upstream summary is your definitive commercial guide.

Potential investors, governments and companies in the oil and gas sector can use it to gain a better understanding of the critical issues for development opportunities in this country.

Wood Mackenzie's 500 dedicated analysts are located in the markets they cover. They produce forward-looking analysis at both country and asset level across the globe, backed by our robust proprietary database of trusted research. Proprietary data means a superior level of analysis that is simply not available anywhere else. Wood Mackenzie is the recognised gold standard in commercial data and analysis.

  • Executive summary
  • Key facts
  • Location maps
  • Key companies
  • Geology
    • Introduction
    • Cuu Long Basin
      • Basin Setting
      • Stratigraphy
      • Reservoirs
      • Traps
      • Source Rocks
    • South Con Son Basin
      • Basin Setting
      • Stratigraphy
      • Reservoirs
      • Traps
      • Source Rocks
    • Song Hong Basin
      • Hanoi Trough
      • Offshore Areas
    • Phu Khanh Basin
      • Basin Setting
      • Stratigraphy
      • Structures
    • Malay Basin
    • Other basins
  • Exploration
    • Licensing
      • Licensing in 2000-2004
      • Licensing in 2005 and the Deepwater Licensing Round
      • The Song Hong Basin Licensing Round and awards in 2006-2008
      • Licensing in 2009/2010
      • Licensing in 2011+
    • Drilling
      • Drilling activity
      • Historic exploration
      • 1990s
      • 2000-2005
      • 2006-2011
      • 2011- 2015
      • Success rates
  • Reserves and resources
  • Production
    • Oil
    • Gas
    • Southern Vietnam
      • Cuu Long Basin
      • Nam Con Son Basin
      • Malay Basin
    • Northern/Central Vietnam
      • Hanoi Basin
      • Song Hong Basin
  • Infrastructure
    • Oil infrastructure
    • Gas infrastructure
    • Southern Vietnam
      • Cuu Long Basin
      • Nam Con Son Basin
      • Malay Basin
    • Northern/Central Vietnam
      • Hanoi Basin
      • Song Hong Basin
  • Costs
    • Capital costs
      • Capital expenditure by location
    • Operating costs
      • Operating expenditure by location
  • Policy and regulation
    • Key legislation
      • 1993 Petroleum Law and July 2000 Amendment
      • Foreign Investment Law
    • State oil company
    • State participation
    • Licensing
      • General Contract Terms
  • Fiscal terms
    • Current fiscal terms
    • Overview
      • Upstream
      • Midstream
    • Production Sharing Contracts
      • State equity participation
      • Participation rate
      • Carry and reimbursement
      • Bonuses, rentals and fees
      • Signature bonuses
      • Production bonuses
      • Area rentals
      • Training fees
      • Other bonuses and fees
      • Data bonus
      • Indirect taxes
      • VAT
      • Import duties
      • Social development levies
      • Royalty and other production taxes
      • Royalty
      • Export duty
      • Domestic Market Obligation (DMO)
      • Contractor revenue entitlement
      • Product Pricing
      • Liquids pricing
      • Natural gas pricing
      • PSC cost recovery
      • Cost recovery ceiling
      • Recoverable costs
      • Cost carry forward
      • PSC profit sharing
      • Corporate income tax
      • Tax rate
      • Taxable income
      • Investment uplift/credit
      • Loss carry forward
      • Fiscal/contractual ring-fences
      • Dividend withholding tax
      • Additional profits taxes
      • Sample cash flows
    • Marginal Government Take
      • Pre-1993 Contract Terms
      • Post-1993 Contract Terms
      • 2009 Frontier Terms
    • Historical background
      • 1990s
      • 2000s

In this report there are 55 tables or charts, including:

  • Executive summary
    • Gas Production
    • Liquids Production
  • Key facts
    • Key facts: Table 1
  • Location maps
    • Country Map
  • Key companies
    • Remaining Commercial and Technical Reserves at 01/01/2016
    • Net Acreage 2016
  • Geology
    • Map of Principal Tertiary Sedimentary Basins
  • Exploration
    • Active Blocks Awarded by Region
    • Active Blocks by Region
    • New licences awarded 2008-2014
    • Drilling Activity by Well Type
    • Drilling Activity and Commercial Success Rates
    • Technical and Commercial Success Rates
  • Reserves and resources
    • Reserves and resources: Table 1
    • Remaining and Produced Commercial Liquids and Gas Reserves at 01/01/2015 (p+p)
    • Remaining Liquids and Gas Reserves as at 01/01/2015
  • Production
    • Liquids Production
    • Production: Table 1
    • Production: Table 2
    • Gas Production
    • Production: Table 3
    • Production: Table 4
  • Infrastructure
    • Oil Infrastructure Map
    • Infrastructure: Table 1
    • Gas Infrastructure Map - Cuu Long and Nam Con Son Basins
    • Gas Infrastructure Map - Malay Basin
    • Gas Infrastructure Map - Northern/Central Vietnam
  • Costs
    • Costs: Table 1
    • Costs: Table 2
    • Costs: Table 3
    • Costs: Table 4
  • Policy and regulation
  • Fiscal terms
    • Fiscal terms: Table 1
    • Fiscal terms: Table 2
    • Fiscal terms: Table 3
    • Fiscal terms: Table 4
    • Fiscal terms: Table 5
    • Fiscal terms: Table 6
    • Fiscal terms: Table 7
    • Fiscal terms: Table 8
    • Fiscal terms: Table 9
    • Fiscal terms: Table 10
    • Fiscal terms: Table 11
    • Fiscal terms: Table 12
    • Fiscal terms: Table 13
    • Fiscal terms: Table 14
    • Fiscal terms: Table 15
    • Fiscal terms: Table 16
    • Fiscal terms: Table 17
    • Fiscal terms: Table 18
    • Fiscal terms: Table 19
    • Fiscal terms: Table 20
    • Fiscal terms: Table 21
    • Fiscal terms: Table 22
    • Fiscal terms: Table 23
    • Fiscal terms: Table 24
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Department : .............
Authoriser's Name : .............
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