Talisman to produce oil in PNG, Vietnam for Asia

TALISMAN Energy Inc will have new crude oil and condensate production coming online in Vietnam and Papua New Guinea in the next two years to meet growing demand in Asia, a company official said yesterday.
The Canadian company expects to start drilling at the Hai Su Trang and Hai Su Den fields offshore Vietnam in the fourth quarter with crude production to start in the middle of next year, Paul Blakeley, an executive vice-president at Talisman, told Reuters on the sidelines of an industry conference.
The field’s production will peak at about 15,000 barrels per day (bpd) and its output will be tied to export facilities at neighbouring Te Giac Trang field, said Blakeley, who oversees Talisman’s operations in the Asia Pacific.
Soco International Plc operates the 55,000 bpd Te Giac Trang (TGT), or White Rhino, field in block 16-1, lying 100km southeast of Vietnam’s southern city of Vung Tau.