Lac Da Vang Oil Field (Vietnam)

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This article is part of the Global Oil and Gas Extraction Tracker, a Global Energy Monitor project.
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Lac Da Vang Oil Field (Lạc Đà Vàng) is an in development oil field in Vietnam.

Lac Da Vang is a part of the Lac Da Vang complex.

Lac Da Vang Oil Field is also sometimes referred to as Golden Camel.

Project Details

Main Data

Table 1: Field-level project details for Lac Da Vang Oil Field

*Final Investment Decision
Unit name Status Operator Owner Discovery year FID* year Production start year
Lac Da Vang In development[1][2][3][4] Murphy Oil Corporation[5][3] Murphy Oil (40.0%); PetroVietnam (35.0%); SK Innovation (25.0%)[6][5][3] 2010[7] 2023[8][4] 2026 (expected)[8]

Production and Reserves

Table 2: Reserves of Lac Da Vang Oil Field

million bbl = million barrels of oil
Fuel Description Reserve Classification Quantity Units Data Year Source
crude oil and condensate remaining recoverable reserves 27.03 million bbl 2023 [9]
oil recoverable reserves 100 million bbl 2020 [6][10][4]

Table 3: Production from Lac Da Vang Oil Field

million bbl/y = million barrels of oil per year
Category Fuel Description Quantity Units Data Year Source
production design capacity oil 3.21 million bbl/y 2024 [2]
production design capacity crude oil and condensate 3.21 million bbl/y 2026 [9]

Location

Table 4: field-level location details for Lac Da Vang Oil Field

Concession/Block Basin Location Coordinates (WGS 84)
Block 15-1/5[7] Cuu Long Basin Offshore, Vietnam[11][12] 10.2658, 108.3843 (approximate)[11][12]

The map below shows the approximate location of the field(s) within the Lac Da Vang complex:

Loading map...

Articles and Resources

Additional data

To access additional data, including an interactive map of oil and gas extraction sites, a downloadable dataset, and summary data, please visit the Global Oil and Gas Extraction Tracker on the Global Energy Monitor website.

References

  1. https://web.archive.org/web/20210917210310/http://www.businesskorea.co.kr/news/articleView.html?idxno=49904. Archived from the original on 17 September 2021. {{cite web}}: Missing or empty |title= (help)
  2. 2.0 2.1 https://web.archive.org/web/20221130114612/https://www.offshore-technology.com/marketdata/lac-da-vang-conventional-oil-field-vietnam/. Archived from the original on 30 November 2022. {{cite web}}: Missing or empty |title= (help)
  3. 3.0 3.1 3.2 https://web.archive.org/web/20230503093453/https://ir.murphyoilcorp.com/static-files/3f1a148c-b8da-4d87-9497-def4e6ee30b3. Archived from the original on 03 May 2023. {{cite web}}: Check date values in: |archive-date= (help); Missing or empty |title= (help)
  4. 4.0 4.1 4.2 https://www.offshore-mag.com/field-development/article/14301066/murphy-commits-to-lac-da-vang-oil-project-offshore-vietnam. {{cite web}}: Missing or empty |title= (help)
  5. 5.0 5.1 https://web.archive.org/web/20230429083838/https://www.murphyoilcorp.com/operations_listing/vietnam/. Archived from the original on 29 April 2023. {{cite web}}: Missing or empty |title= (help)
  6. 6.0 6.1 (PDF) https://web.archive.org/web/20221007050727/https://www.murphyoilcorp.com/wp-content/uploads/2020/11/Murphy-Oil-Corp-3Q-2020-Earnings-Presentation.pdf. Archived from the original (PDF) on 07 October 2022. {{cite web}}: Check date values in: |archive-date= (help); Missing or empty |title= (help)
  7. 7.0 7.1 https://web.archive.org/web/20210917222719/https://www.woodmac.com/reports/upstream-oil-and-gas-block-15-15-lac-da-vang-64889744. Archived from the original on 17 September 2021. {{cite web}}: Missing or empty |title= (help)
  8. 8.0 8.1 https://www.reuters.com/article/vietnam-murphyoil/murphy-oil-expects-first-oil-from-lac-da-vang-field-in-vietnam-in-2026-idUKL4N3C40VM. {{cite web}}: Missing or empty |title= (help)
  9. 9.0 9.1 https://www.offshore-technology.com/marketdata/oil-gas-field-profile-lac-da-vang-conventional-oil-field-vietnam/. {{cite web}}: Missing or empty |title= (help)
  10. https://web.archive.org/web/20220629040034/https://www.upstreamonline.com/exclusive/murphy-still-waiting-for-the-right-moment-in-vietnam/2-1-1070726. Archived from the original on 29 June 2022. {{cite web}}: Missing or empty |title= (help)
  11. 11.0 11.1 https://www.streetinsider.com/SEC+Filings/Form+8-K+MURPHY+OIL+CORP+DE+For%3A+May+08/12875321.html. {{cite web}}: Missing or empty |title= (help)
  12. 12.0 12.1 http://www.aurelianoil.eu/sites/default/files/idg/Vietnam_2017_340_296_80.jpg. {{cite web}}: Missing or empty |title= (help)