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December 8, 2021updated 27 Apr 2022 11:50am

HST/HSD Project Conventional Oil Field, Vietnam

By Carmen

HST/HSD Project is a producing conventional oil field located in shallow water in Vietnam and is operated by Thanglong Joc. The field is located in block Block 15-2/01, with water depth of 125 feet.

Field participation details

The field is owned by Vietnam National Oil and Gas Group and Bitexco Group.


Production from HST/HSD Project

The HST/HSD Project conventional oil field recovered 60.40% of its total recoverable reserves, with peak production in 2013. The peak production was approximately 14.17 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2032. The field currently accounts for approximately 2% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 23.59 Mmboe, comprised of 23.59 Mmbbl of crude oil & condensate. HST/HSD Project conventional oil field reserves accounts 0.01% of total remaining reserves of producing conventional oil fields globally.


Methodology

Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.

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