Block B Oil and Gas Project (Vietnam)

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Block B Oil and Gas Project is an in development oil and gas project in Vietnam.


The project consists of the following units:

Block B Oil and Gas Project is also sometimes referred to as Vietnam Gas Project, Block B-O Mon.

Project Details

Main Data

Table 1: Project-level project details for Block B Oil and Gas Project

*Final Investment Decision
Unit name Status Operator Owner Discovery year FID* year Production start year
Block B In development[1][2] PetroVietnam[3] PetroVietnam (65.88%); Mitsui & Co (25.62%); PTT Exploration and ‎‎Production Public Company Limited (PTTEP) (8.5%); Vietnam Electricity (EVN)[3][4][5][2] 2002[3] 2024 (expected)[1][6] 2025 (expected)[7][6]

Production and Reserves

Table 2: Reserves of Block B Oil and Gas Project

million m³ = million cubic meters million bbl = million barrels of oil
Fuel Description Reserve Classification Quantity Units Data Year Source
condensate 2P reserves 0.32 million bbl [not stated] [3]
gas 2P reserves 95359.51 million m³ 2022 [1][8][3]
gas remaining recoverable reserves 109889.85 million m³ 2023 [6][2]

Table 3: Production from Block B Oil and Gas Project

million m³/y = million cubic meters per year million bbl/y = million barrels of oil per year
Category Fuel Description Quantity Units Data Year Source
production design capacity gas 5064.42 million m³/y 2044 [6]
production design capacity oil 0.6 million bbl/y 2044 [6]

Location

Table 4: project-level location details for Block B Oil and Gas Project

Concession/Block Basin Location Coordinates (WGS 84)
Block B, Block 48/95, Block 52/97[3] Malay-Thổ Chu Offshore, Vietnam[9] 8.4658, 103.9263 (approximate)[9]

The map below shows the approximate location of the project:

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Articles and Resources

Additional data

To access additional data, including an interactive map of oil and gas extraction sites, a downloadable dataset, and summary data, please visit the Global Oil and Gas Extraction Tracker on the Global Energy Monitor website.

References

  1. 1.0 1.1 1.2 David Tong, Romain Ioualalen (44866). "Investing in Disaster" (PDF). Oil Change International. Retrieved 45012. {{cite web}}: |archive-url= is malformed: save command (help); Check date values in: |access-date= and |date= (help)CS1 maint: url-status (link)
  2. 2.0 2.1 2.2 https://theinvestor.vn/vietnam-to-speed-up-preparations-for-two-huge-gas-projects-d3213.html. {{cite web}}: Missing or empty |title= (help)
  3. 3.0 3.1 3.2 3.3 3.4 3.5 https://www.offshore-technology.com/projects/block-b-o-mon-gas-project-malay-tho-chu-basin/. {{cite web}}: Missing or empty |title= (help)
  4. https://asiatimes.com/2021/12/exxonmobil-stares-down-china-for-vietnam-gas/. {{cite web}}: Missing or empty |title= (help)
  5. https://www.upstreamonline.com/exclusive/vietnam-s-block-b-project-on-track-for-sanction-this-year/2-1-1176808. {{cite web}}: Missing or empty |title= (help)
  6. 6.0 6.1 6.2 6.3 6.4 https://www.offshore-technology.com/marketdata/oil-gas-field-profile-block-b-gas-development-conventional-gas-field-vietnam/. {{cite web}}: Missing or empty |title= (help)
  7. https://www.offshore-technology.com/marketdata/block-b-gas-development-conventional-gas-field-vietnam/. {{cite web}}: Missing or empty |title= (help)
  8. Nick Ferris (44404). "Exclusive natural gas data reveals trillions of dollars of upcoming projects". Energy Monitor. Archived from the original on 44974. Retrieved 44974. {{cite web}}: Check date values in: |access-date=, |date=, and |archive-date= (help)
  9. 9.0 9.1 http://pvndb.vn/Pages/info.aspx?NewsID=9e3c8022-2505-4d0a-a7ca-ae30f817f1e8. {{cite web}}: Missing or empty |title= (help)