Lac Da Vang Oil Field (Vietnam)

From Global Energy Monitor
This article is part of the Global Oil and Gas Extraction Tracker, a Global Energy Monitor project.
Report an error
Related categories:

Lac Da Vang Oil Field (Lạc Đà Vàng) is an in development oil field in Vietnam.

Lac Da Vang Oil Field 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

1Final Investment Decision
Unit name Status Operator Owner Discovery year FID1 year Production start year Production type
Lac Da Vang In development[1][2][3][4][5] Murphy Oil Corporation[6][3] Murphy Oil (40.0%); PetroVietnam (35.0%); SK Innovation (25.0%)[7][6][3] 2010[8] 2023[9][4] 2026 (expected)[9][5] Conventional[1][2][3]

Production and Reserves

Table 2: Reserves of Lac Da Vang Oil Field

million bbl = million barrels of oil
Fuel description Reserves classification Quantity Units Data year Source
crude oil and condensate remaining recoverable reserves 27.03 million bbl 2023 [10]
oil recoverable reserves 100 million bbl 2020 [7][11][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 [10]

Location

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

Concession/Block Basin Location Onshore/Offshore Coordinates (WGS 84)
Block 15-1/5[8] Cuu Long Basin Offshore, Vietnam[12][13] Offshore[14] 10.2658, 108.3843 (approximate)[12][13]

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. 1.0 1.1 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 2.2 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 3.3 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://web.archive.org/web/20241009164802/https://www.offshore-mag.com/field-development/article/14301066/murphy-commits-to-lac-da-vang-oil-project-offshore-vietnam. Archived from the original on 09 October 2024. {{cite web}}: Check date values in: |archive-date= (help); Missing or empty |title= (help)
  5. 5.0 5.1 https://www.offshore-mag.com/regional-reports/us-gulf-of-mexico/article/55131833/murphy-oil-corp-murphy-brings-more-wells-online-in-the-gom?o_eid=3576I2756701B8H&oly_enc_id=3576I2756701B8H&rdx.ident[pull]=omeda. {{cite web}}: Missing or empty |title= (help); Unknown parameter |3576I2756701B8H&utm_campaign= ignored (help)
  6. 6.0 6.1 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)
  7. 7.0 7.1 (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)
  8. 8.0 8.1 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)
  9. 9.0 9.1 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)
  10. 10.0 10.1 https://www.offshore-technology.com/marketdata/oil-gas-field-profile-lac-da-vang-conventional-oil-field-vietnam/. {{cite web}}: Missing or empty |title= (help)
  11. 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)
  12. 12.0 12.1 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)
  13. 13.0 13.1 https://web.archive.org/web/20241205214338/http://www.aurelianoil.eu/sites/default/files/idg/Vietnam_2017_340_296_80.jpg. Archived from the original on 05 December 2024. {{cite web}}: Check date values in: |archive-date= (help); Missing or empty |title= (help)
  14. Natural Earth. 45078 https://www.naturalearthdata.com/downloads/10m-physical-vectors/10m-land/. Archived from the original on June 29, 2023. Retrieved June 29, 2023. {{cite web}}: Check date values in: |date= (help); Missing or empty |title= (help)