Country Report

Vietnam upstream summary

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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 producing 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 ...

What's included

This report contains

  • Document

    Country Overview

    PDF 26.32 MB

  • Document

    Country Overview

    XLS 1.49 MB

  • Document

    Country Overview

    ZIP 27.62 MB

  • Document

    Executive summary

    PDF 100.73 KB

  • Document

    Key facts

    PDF 67.12 KB

  • Document

    Location maps

    PDF 4.98 MB

  • Document

    Key companies

    PDF 103.36 KB

  • Document

    Geology

    PDF 4.48 MB

  • Document

    Exploration

    PDF 4.28 MB

  • Document

    Reserves and resources

    PDF 152.34 KB

  • Document

    Production

    PDF 137.83 KB

  • Document

    Infrastructure

    PDF 12.55 MB

  • Document

    Costs

    PDF 113.86 KB

  • Document

    Policy and regulation

    PDF 92.08 KB

  • Document

    Fiscal terms

    PDF 194.21 KB

Table of contents

  • Executive summary
  • Key facts
  • Location maps
  • Key companies
      • 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 activity
      • Historic exploration
      • 1990s
      • 2000-2005
      • 2006-2011
      • 2011- 2015
      • 2016 - 2017
      • Success rates
  • Reserves and resources
      • 1993 Petroleum Law and July 2000 Amendment
      • Foreign Investment Law
    • State oil company
    • State participation
      • General Contract Terms
    • Current fiscal terms
      • Upstream
      • Midstream
      • 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
      • Pre-1993 Contract Terms
      • Post-1993 Contract Terms
      • 2010 Frontier Terms
      • 1990s
      • 2000s

Tables and charts

This report includes 56 images and tables including:

Tables

  • Key facts: Table 1
  • Reserves and resources: Table 1
  • Production: Table 1
  • Production: Table 2
  • Infrastructure: Table 1
  • Production: Table 3
  • Production: Table 4
  • Costs: Table 1
  • Costs: Table 2
  • Costs: Table 3
  • Costs: Table 4
  • 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
  • Fiscal terms: Table 25

Images

  • Gas Production
  • Liquids Production
  • Country Map
  • Remaining Commercial and Technical Reserves at 01/01/2018
  • Net Acreage 2018
  • Remaining and Produced Commercial Liquids and Gas Reserves at 01/01/2017 (p+p)
  • Remaining Liquids and Gas Reserves as at 01/01/2017
  • Map of Principal Tertiary Sedimentary Basins
  • Active Blocks Awarded by Region
  • Active Blocks by Region
  • Liquids Production
  • Oil Infrastructure Map
  • New licences awarded 2010-2016*
  • Drilling Activity by Well Type
  • Drilling Activity and Commercial Success Rates
  • Technical and Commercial Success Rates
  • Gas Production
  • Gas Infrastructure Map - Cuu Long and Nam Con Son Basins
  • Gas Infrastructure Map - Malay Basin
  • Gas Infrastructure Map - Northern/Central Vietnam

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