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November 22, 2021

Nam Du Conventional Gas Field, Vietnam

By Carmen

Nam Du is a conventional gas development located in shallow water in Vietnam and is operated by Jadestone Energy. Discovered in 2013, Nam Du lies in block Block 46/07, with water depth of around 230 feet.

The project is currently in approval stage and is expected to start commercial production in 2023. Final investment decision (FID) of the project will be approved in 2022. The Nam Du conventional gas development will involve the drilling of approximately two wells and includes FPSO and wellhead platforms.

Field participation details

The field is owned by Jadestone Energy.


Production from Nam Du

Production from the Nam Du conventional gas development project is expected to begin in 2023 and is forecast to peak in 2024, to approximately 70 Mmcfd of natural gas. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2031.


Remaining recoverable reserves

The field is expected to recover 19.49 Mmboe, comprised of 116.93 bcf of natural gas reserves.


Contractors involved in the Nam Du conventional gas field

The key contractors involved in the Nam Du project as follows.

Other Contractors: Acteon Group

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About Jadestone Energy

Jadestone Energy Inc (Jadestone Energy), formerly Mitra Energy Inc is an upstream oil and gas company. The company evaluates, acquires, explores and develops oil and gas properties. The company focuses on building its asset portfolio through acquisition of producing assets with significant opportunities for operating efficiencies, costs reduction and increased production through further investment. The Company is also involved in identifying non-producing assets with resources that can be developed and produced. It has gas development blocks, assets across Australia, Indonesia, Malaysia, New Zealand, Philippines, Vietnam and the UK. Jadestone Energy is headquartered in Singapore.

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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