Murphy starts up Lac Da Vang offshore Vietnam, reports nearby oil discovery

Production has started from the Lac Da Vang development offshore southern Vietnam, while a nearby exploration well encountered 131 ft of net oil pay that could potentially be tied back to the new field infrastructure.

Jeremy Beckman

Related To:

Murphy Oil Corp.

Oct. 15, 2026

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Why this news matters:

Murphy has brought a new offshore oil development online in Vietnam that is expected to increase production through 2028.
A nearby exploration well encountered 131 ft of net oil pay, creating a potential follow-on development opportunity.
Existing Lac Da Vang infrastructure could support a future tieback, potentially lowering development costs and accelerating commercialization.

Lac Da Vang (Golden Camel) Platform — Lac Da Vang's offshore facilities could provide future tieback capacity for nearby discoveries, including the Lac Da Trang North-1X exploration well.

Lac Da Vang (Offshore Vietnam)

Operator: Murphy Cuu Long Bac Oil Co.
Location: Block 15-1/05, offshore southern Vietnam
Status: Production started
Estimated recoverable resources: 100 MMbboe
Projected operating cost: $8-$10/boe
Partners: PetroVietnam Exploration Production Corp., SK Earthon

Lac Da Trang North-1X

Encountered 131 ft of net oil pay
Located in the same block as Lac Da Vang
Partners are assessing appraisal and development options
Existing Lac Da Vang facilities could provide tieback capacity

Murphy Oil has brought onstream the Lac Da Vang Field development in Block 15-1/05 offshore southern Vietnam.

Production should increase steadily through 2028 as more wells are brought online.

It follows the installation of the pipelines and platform topsides and the FSO during third quarter.

Murphy estimates the recoverable resource at 100 MMbboe, with projected operating costs of $8/boe to $10/boe over the life of the field.

Murphy also reported a nearby exploration success that could provide future development opportunities within the block.

Nearby discovery could leverage new infrastructure

The Lac Da Trang North-1X exploration well, drilled in 147 ft (45 m) of water in the same block, encountered 131 ft (40 m) of net oil pay.

The partners plan to assess the well results and evaluate appraisal and development options. Existing Lac Da Vang facilities could potentially support a future tieback.

The well spudded in July. Murphy was pursuing a recoverable resource in the range of 40 MMboe to 80 MMboe.

Murphy Cuu Long Bac Oil Co. operates Block 15-1/05, in partnership with PetroVietnam Exploration Production Corp. and SK Earthon.

Contributors:

Ariana Hurtado

About the Author

Jeremy Beckman

Staff Writer / Editor, Europe

Jeremy Beckman has been Editor Europe, Offshore since 1992. Prior to joining Offshore he was a freelance journalist for eight years, working for a variety of electronics, computing and scientific journals in the UK. He regularly writes news columns on trends and events both in the NW Europe offshore region and globally. He also writes features on developments and technology in exploration and production.