Murphy Oil released an investor presentation outlining its Vietnam strategy focused on unlocking value in the Cuu Long Basin. The company said Vietnam is importing more than 200 MBOPD of oil and that the basin accounts for more than 80% of the country’s oil production. Murphy highlighted the Lac Da Vang development with 100 MMBOE of gross resource potential and estimated net peak production of 10-15 MBOEPD. It also provided an update on the Hai Su Vang discovery, citing 170-430 MMBOE of gross resource potential and indicating significant production is expected in the early 2030s.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Murphy Oil Corporation published the original content used to generate this news brief on March 10, 2026, and is solely responsible for the information contained therein.