Rang Dong is a producing conventional oil field located in shallow water in Vietnam and is operated by Japan Vietnam Petroleum. 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, with water depth of 190 feet. Buy the profile here.
An expansion project is associated with the Rang Dong, namely the Rang Dong EOR. This project is currently in the feasibility stage.
Field participation details
The field is owned by Batavia Oil, JX Nippon Oil & Gas Exploration, Mitsubishi and Vietnam National Oil and Gas Group.
Production from Rang Dong
The Rang Dong conventional oil field recovered 88.64% of its total recoverable reserves, with peak production in 2002. The peak production was approximately 65.00 thousand bpd of crude oil and condensate and 85.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2034. The field currently accounts for approximately 4% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 36.14 Mmboe, comprised of 36.14 Mmbbl of crude oil & condensate. Rang Dong conventional oil field reserves accounts 0.01% of total remaining reserves of producing conventional oil fields globally.
Contractors involved in the Rang Dong conventional oil field
Some of the key contractors involved in the Rang Dong project as follows.
Other Contractors: Mitsui E&S Holdings, Star Engineering Joint Stock and Sami Instruments Asia
For more details on the Rang Dong 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.
