Infill wells under way at TGT field offshore Vietnam

Offshore staff

LONDON – Development drilling has re-started on the Te Giac Trang (TGT) field in block 16-1 offshore southern Vietnam.

According to partner SOCO International, the PetroVietnam jackup PVD-6 spudded the first well yesterday on the H4-wellhead platform (WHP) in the central area of the field, the first of two barch-drilled infill wells (TGT-27P and TGT-28P).

On completion, two more infill wells could follow on the southern H5-WHP.

Discussions on the TGT full field development plan are in the final stages ahead of formal submission to the Vietnamese authorities.

This calls for additional wells and facilities options to increase fluid-handling capacity.

Ed Story, SOCO’s president and CEO, said: “SOCO has the balance sheet strength to fully fund this program from existing cash resources whilst taking advantage of the low drilling cost environment. Meanwhile, we continue to focus on enhancing the field water-handling capacity and arresting the field decline.”


Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


A Traders Guide to Analysis and Research

An e-book dedicated to helping you improve your analysis by looking at RBOB futures performance. ...

Storm Impact Analytics for Utilities

In recent years, increasingly volatile and extreme weather events have significantly impacted the...

Reach New Heights: Six Best Practices in Planning and Scheduling

These 6 best practices have created millions of dollars in value for many global companies. Learn...

Making DDoS Mitigation Part of Your Incident Response Plan: Critical Steps and Best Practices

Like a new virulent strain of flu, the impact of a distributed denial of service (DDoS) attack is...