The field churns out an average 4,730 barrels of crude oil and 7.83 million cubic metres of gas a day.

The accumulated production until July 31 reached 170,340 barrels with 282 million cubic metres of gas, PVEP said.

The SK305 project had been implemented under a common cooperation agreement on oil and gas exploitation and exploration between Vietnam, Malaysia and Indonesia. Its contract came into effect on June 16, 203.

This is one of 20 contracts that PVEP has signed to explore and exploit oil and gas abroad. The firm also signed 38 other deals for oil and gas in Vietnam.

This is also one of two projects bringing products for PVEP from overseas fields, the other one is in Algeria.