U Minh is a conventional gas development located in shallow water in Vietnam and is operated by Jadestone Energy. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, U Minh was discovered in 1997, lies in block Block 51, with water depth of around 164 feet. Buy the profile here.

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The project is currently in approval stage and is expected to start commercial production in 2026. Final investment decision (FID) of the project will be approved in 2025. The U Minh conventional gas development will involve the drilling of approximately two wells and includes FPSO and wellhead platforms.

Field participation details

The field is owned by Jadestone Energy.

Production from U Minh

Production from the U Minh conventional gas development project is expected to begin in 2026 and is forecast to peak in 2027, Based on economic assumptions, the production will continue until the field reaches its economic limit in 2032.

Contractors involved in the U Minh conventional gas field

The key contractors involved in the U Minh project as follows.

Other Contractors: Korea Drilling

About Jadestone Energy

Jadestone Energy Inc (Jadestone Energy) is an upstream oil and gas company. It offers onshore and offshore exploration services. It owns and shows interests in the producing Montara project and the Stag oilfield, offshore Western Australia. The company also holds an operates project in the Lemang PSC, onshore Sumatra, Indonesia. The company evaluates, acquires, explores and develops oil and gas properties. The company also carries out business in identifying non-producing assets with resources that can be developed and produced. It has gas development blocks, assets across Australia, Asia Pacific, and Europe. Jadestone Energy is headquartered in Singapore City, Singapore.

For more details on the U Minh Conventional Gas Field, buy the profile here.

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.