Bach Ho (White Tiger) and Rong (Dragon) is a producing conventional oil field located in shallow water in Vietnam and is operated by Vietsovpetro JVC. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Block 09-1, with water depth of 197 feet. Buy the profile here.
Field participation details
The field is owned by Vietnam National Oil and Gas Group and Zarubezhneft.
Production from Bach Ho (White Tiger) and Rong (Dragon)
The Bach Ho (White Tiger) and Rong (Dragon) conventional oil field recovered 94.87% of its total recoverable reserves, with peak production in 2001. The peak production was approximately 280.00 thousand bpd of crude oil and condensate and 142.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2033. The field currently accounts for approximately 18% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 108.73 Mmboe, comprised of 93.32 Mmbbl of crude oil & condensate and 92.50 bcf of natural gas reserves. Bach Ho (White Tiger) and Rong (Dragon) conventional oil field reserves accounts 0.02% of total remaining reserves of producing conventional oil fields globally.
About Vietsovpetro JVC
Vietsovpetro JVC (Vietsovpetro) is an oil and gas company that provides exploration and production of petroleum and natural gas. The company offers services such as logging and testing, oil and gas production; operation, maintenance and repair of offshore facilities; engineering, procurement, commissioning and installation of offshore platform; and drilling and well survey services. It also provides gas facility and management; marine transportation and diving services; operation and maintenance of compressor platform; oil spill prevention services; and port and logistics services. Vietsovpetro is headquartered in Vung Tau, Lang Son, Vietnam.
For more details on the Bach Ho (White Tiger) and Rong (Dragon) Conventional Oil Field, buy the profile here.
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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.
