Rang Dong is a producing conventional oil field located in shallow water in Vietnam and is operated by Japan Vietnam Petroleum . The field is located in block Block 15-2, with water depth of 190 feet.
An expansion project is associated with the Rang Dong, namely Rang Dong EOR. This project is currently in the feasibility stage.
Production from Rang Dong
The Rang Dong conventional oil field recovered 78.32% of its total recoverable reserves, with peak production in 2002. The peak production was approximately 65 thousand bpd of crude oil and condensate and 85 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2036. The field currently accounts for approximately 4% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 70.71 Mmboe, comprised of 70.71 Mmbbl of crude oil & condensate. Rang Dong conventional oil field reserves accounts 0.02% 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, Sami Instruments Asia and Star Engineering Joint Stock
Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.