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 Block B-O Mon, Vietnam Gas Project.

Project Details

Main Data

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

1Final Investment Decision
Unit name Status Operator Owner Discovery year FID1 year Production start year Production type
Block B in-development[1][2] Vietnam Oil and Gas Group[3] Vietnam Oil and Gas Group Co [65%]; Vietnam Electricity (EVN) [0%]; Mitsui & Co Ltd [25%]; PTT Exploration and Production PCL [8%][4][5][6][3][4][5][6][3][4][5][6][3][4][5][6][3] 2002[3] 2024[1][2] – conventional[7]

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 Reserves classification Quantity Units Data year Source
condensate 2P reserves 0.32 million bbl – ​[3]
gas 2P reserves 95358.78 million m³ 2022 ​[8][9][3]
gas remaining recoverable reserves 109891.48 million m³ 2023 ​[6][7]

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 5064.64 million m³/y 2044 ​[2][7]
production design capacity oil 0.6 million bbl/y 2044 ​[7]

Location

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

Concession/Block Basin Location Onshore/Offshore Coordinates (WGS 84)
Block B; Block 48/95; Block 52/97[3] Malay-Thổ Chu offshore, Vietnam[10] offshore[8] 8.4658, 103.9263 (approximate)[10]

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 https://web.archive.org/web/20240617201029/https://www.offshore-mag.com/field-development/article/55042011/2406offglob. Archived from the original on 17 June 2024. {{cite web}}: Missing or empty |title= (help)
  2. ↑ 2.0 2.1 2.2 https://web.archive.org/web/20240402032125/https://www.offshore-mag.com/regional-reports/asia/article/55000949/moeco-takes-fid-on-block-b-offshore-vietnam?o_eid=3576I2756701B8H&oly_enc_id=3576I2756701B8H&rdx.ident%255Bpull%255D=omeda%257C3576I2756701B8H. Archived from the original on 02 April 2024. {{cite web}}: Check date values in: |archive-date= (help); Missing or empty |title= (help); Unknown parameter |3576I2756701B8H&utm_campaign= ignored (help)
  3. ↑ 3.0 3.1 3.2 3.3 3.4 3.5 3.6 3.7 3.8 https://web.archive.org/web/20230314220141/https://www.offshore-technology.com/projects/block-b-o-mon-gas-project-malay-tho-chu-basin/. Archived from the original on 14 March 2023. {{cite web}}: Missing or empty |title= (help)
  4. ↑ 4.0 4.1 4.2 4.3 https://web.archive.org/web/20220305182215/https://www.upstreamonline.com/exclusive/vietnam-s-block-b-project-on-track-for-sanction-this-year/2-1-1176808. Archived from the original on 05 March 2022. {{cite web}}: Check date values in: |archive-date= (help); Missing or empty |title= (help)
  5. ↑ 5.0 5.1 5.2 5.3 https://web.archive.org/web/20221218060035/https://asiatimes.com/2021/12/exxonmobil-stares-down-china-for-vietnam-gas/. Archived from the original on 18 December 2022. {{cite web}}: Missing or empty |title= (help)
  6. ↑ 6.0 6.1 6.2 6.3 6.4 https://web.archive.org/web/20230315163207/https://theinvestor.vn/vietnam-to-speed-up-preparations-for-two-huge-gas-projects-d3213.html. Archived from the original on 15 March 2023. {{cite web}}: Missing or empty |title= (help)
  7. ↑ 7.0 7.1 7.2 7.3 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)
  8. ↑ 8.0 8.1 (PDF) https://priceofoil.org/content/uploads/2022/11/Investing_In_Disaster.pdf. {{cite web}}: Missing or empty |title= (help)
  9. ↑ https://energymonitor.ai/finance/risk-management/exclusive-natural-gas-data-reveals-trillions-of-dollars-of-upcoming-gas-projects. {{cite web}}: Missing or empty |title= (help)
  10. ↑ 10.0 10.1 https://web.archive.org/web/20241205214248/https://pvndb.vn/Pages/info?NewsID=9e3c8022-2505-4d0a-a7ca-ae30f817f1e8. Archived from the original on 05 December 2024. {{cite web}}: Check date values in: |archive-date= (help); Missing or empty |title= (help)