Bao Vang is a conventional gas development located in shallow water in Vietnam and is operated by Vietgazprom. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, Bao Vang was discovered in 2007, the field with water depth of around 322 feet. Buy the profile here.
The project is currently in approval stage and is expected to start commercial production in 2025. The development cost is expected to be $1,320 m.
Field participation details
The field is owned by Gazprom and Vietnam National Oil and Gas Group.
Production from Bao Vang
Production from the Bao Vang conventional gas development project is expected to begin in 2025 and is forecast to peak in 2026, Based on economic assumptions, the production will continue until the field reaches its economic limit in 2050.
For more details on the Bao Vang Conventional Gas Field, buy the profile here.