Lan Do (Red Orchid) & Lan Tay (Orchid West) is a producing conventional gas field located in shallow water in Vietnam and is operated by Zarubezhneft EP Vietnam. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Block 06-1, with water depth of 623 feet. Buy the profile here.
Field participation details
The field is owned by Oil and Natural Gas, Vietnam National Oil and Gas Group and Zarubezhneft.
Production from Lan Do (Red Orchid) & Lan Tay (Orchid West)
The Lan Do (Red Orchid) & Lan Tay (Orchid West) conventional gas field recovered 90.28% 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 468.00 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 12% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 45.73 Mmboe, comprised of 0.83 Mmbbl of crude oil & condensate and 269.42 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.
About Zarubezhneft EP Vietnam
Zarubezhneft EP Vietnam BV (Zarubezhneft EP) specialzies in providing exploration services. Zarubezhneft EP is headquartered in Amsterdam,Noord Holland,the Netherland.
For more details on the Lan Do (Red Orchid) & Lan Tay (Orchid West) Conventional Gas 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.
