According to information of the Vietnam – Russia Joint Venture (Vietsovpetro), in the first 2 months of 2019, this Joint Venture reached the oil revenue of US$291.7 million (111.3% of the plan); paid taxes of US$118.8 million to the State budget (110.7% of the plan). The profit of Vietnamese side was US$21.5 million (110.1% of the plan) and Russian side – US$ 20.7 million (110.1% of the plan). Especially, Vietsovpetro has additionally put 5 oil wells into exploitation.
Bach Ho field under the 09-1 Lot has been exploited by Vietsopetro since 1986.
Regarding petroleum products. in the first 2 months of 2019, Vietsovpetro exploited 609.7 thousand tons of oil/ condensate, equal to 106.7% of the plan, among which Bach Ho field reached 105.5%, Dragon field -107.8%, Nam Rong – Doi Moi (by the part of Vietsovpetro) – 105%, White Bear field -102.4% and White Rabbit field – 134.3%.
In particular, from the beginning of 2019, Vietsovpetro exploited the oil amount of 23.4 thousand tons (115.9% of the plan) from the 09-3 /12 Lot of Ca Tam field (by the part of this Joint Venture); the natural gas volume of 26.9 million m3 (127.8% of the plan).
Beside, from the beginning of the year, Vietsovpetro has additionally put the 5 wells into operation as: Lot 09-1 of 1227/BK-14 well and wells 2Х, 3Х, 4Х/СTC-1, 101/ CTC-1 Lot 09-3/12.
The Ca Ngu Vang field was safely operated with an exploiting output of 259.97 thousand barrels and export of 250 thousand barrels of oil.
Since the beginning of the year, VRJ has exploited 99.9 thousand barrels and sold 100 thousand barrels of the oil from its part at Doi Moi field; 1.6 million barrels and sold 1.8 million barrels of the oil from Te Giac Trang field; and transmitted 192.2 million m3 of the gas (182.5% of the plan) to the shore.
For drilling work, since the beginning of the year, VRJ drilled 8,383 meters (112.4% of the plan) at Lot 09-1 and 7,166 meters (201% of the plan) at Lot 09-3/12. In two first months of 2019, Vietsovpetro has processed 907 tons and assembled off-shore 104.1 tons of the metal structures; and carried out the anti-corrosion work with a volume of 12,583 m2 (150.6% of the plan).