Vietnamese joint venture delivers first production from TGT field

Offshore staff

LONDON – First crude/wet gas has flowed from the Te Giac Trang field (TGT) in the Nam Con Son basin off southern Vietnam.

The field, discovered in August 2005, is operated by the Hoang Long Joint Operating Co. (HLJOC), comprising SOCO, PetroVietnam, and PTT Exploration and Production.

Vietnam’s government approved the initial development of the TGT field H1 area in September 2009. The facilities comprise an FPSO, two wellhead platforms on the H1 and H4 areas, and a subsea pipeline system providing transportation of hydrocarbons, gas export, gas lift, and water for injection.

Produced crude heads via the pipeline system to the FPSO Armada TGT 1, designed to process and store 55,000 b/d of oil which is exported via tankers to regional oil refineries.

TGT’s gas will be transported through a pipeline to the nearby Bach Ho facilities for processing and transportation to shore via existing pipeline infrastructure for further distribution to meet domestic needs.

Oil output from the field should plateau at around 55,000 b/d and gas at 30 MMcf/d.

HLJOC continues to drilling production wells in the H4 area of the TGT field and has commissioned platform topsides in preparation for start-up here in August 2012.

08/22/2011



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