HST/HSD Project is a producing conventional oil field located in shallow water in Vietnam and is operated by Thanglong Joc. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Block 15-2/01, with water depth of 125 feet. Buy the profile here.
Field participation details
The field is owned by Bitexco Group and Vietnam National Oil and Gas Group.
Production from HST/HSD Project
The HST/HSD Project conventional oil field recovered 65.60% 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 3% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 20.50 Mmboe, comprised of 20.50 Mmbbl of crude oil & condensate.
For more details on the HST/HSD Project 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.
