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 development cost is expected to be $104 m. 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 2033.
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. The company caters to exploration, development and production of oil and gas assets. It offers onshore and offshore exploration services. The company operates production and development assets in Australia, Malaysia, Indonesia, Thailand and vietnam. Jadestone Energy's project portfolio includes Montara, Stag, cwlh among others. The company operates through its offices in Australia, Singapore, Malaysia, Indonesia, Vietnam. Jadestone is headquartered in Singapore city, Singapore.
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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.
