Sao Vang-Dai Nguyet Project is a producing conventional gas field located in shallow water in Vietnam and is operated by Idemitsu Gas Production (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 05-1b and Block 05-1c, with water depth of 394 feet. Buy the profile here.

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Field participation details

The field is owned by Idemitsu Kosan, Inpex and Vietnam National Oil and Gas Group.

Production from Sao Vang-Dai Nguyet Project

The Sao Vang-Dai Nguyet Project conventional gas field recovered 22.53% of its total recoverable reserves, with peak production in 2022. Based on economic assumptions, production will continue until the field reaches its economic limit in 2043. The field currently accounts for approximately 7% of the country’s daily output.

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This content was updated on 7 February 2024

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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.