Lan Do (Red Orchid) & Lan Tay (Orchid West) is a producing conventional gas field located in shallow water in Vietnam and is operated by Rosneft Vietnam. The field is located in block Block 06-1, with water depth of 623 feet.
Field participation details
The field is owned by Rosneft Oil, Oil and Natural Gas and Vietnam National Oil and Gas Group.
Production from Lan Do (Red Orchid) & Lan Tay (Orchid West)
The Lan Do (Red Orchid) & Lan Tay (Orchid West) conventional gas field recovered 87.21% of its total recoverable reserves, with peak production in 2010. The peak production was approximately 1.74 thousand bpd of crude oil and condensate and 468 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2030. The field currently accounts for approximately 13% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 60.23 Mmboe, comprised of 0.99 Mmbbl of crude oil & condensate and 355.42 bcf of natural gas reserves. Lan Do (Red Orchid) & Lan Tay (Orchid West) conventional gas field reserves accounts 0.02% of total remaining reserves of producing conventional gas fields globally.
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.