VNExpress-Jan 29
Vietnam has identified a high-potential offshore oil discovery at the Hai Su Vang field, about 65 kilometers off its southern coast, a move that could strengthen domestic energy supply and offshore exploration efforts. Speaking at a press briefing by the Ministry of Industry and Trade on Jan. 29, Dang Hai Anh, deputy head of the Department of Oil, Gas and Coal, said the discovery was located in Block 15-2/17 of the Cuu Long Basin. Recent exploration and appraisal drilling results at the field had been “very positive,” with oil reserves showing significant potential for future development. According to Murphy Oil Corporation of the U.S., the operator of the project, the first discovery well encountered about 370 feet (113 meters) of oil-bearing formations across two reservoirs, with test production of around 6,000 barrels per day. Murphy Oil said it will continue appraisal work and prepare a detailed report on oil and gas resources and reserves for submission to Vietnam’s authorities for review and evaluation. The company began drilling exploration wells at the Hai Su Vang field in 2024 and successfully completed an appraisal well in October 2025 to assess the field’s size, reserves and production potential. Murphy Oil currently operates several offshore oil and gas blocks in Vietnam’s Cuu Long and Phu Khanh basins and is also investing in the Lac Da Vang field. The Ministry of Industry and Trade said Vietnam produced around 10 million tons of oil and approximately 6 billion cubic meters of gas last year. Read more at: https://e.vnexpress.net/news/news/environment/vietnam-confirms-high-potential-offshore-oil-discovery-off-southern-coast-5011647.html
