bauma SHANGHAI

TGT satellite platform in place offshore Vietnam

AI Summary

SOCO International and its partners in the TGT field offshore southern Vietnam are targeting first oil in September or October 2015 for the nearby H5 accumulation.

 

Construction of the H5-WHP (wellhead platform) jacket and drilling deck is complete. Offshore installation of the platform should be completed soon, with the jackup Naga 2 due to start drilling the five initial planned wells from mid-September onward.

 

Production will be tied-in to the FPSO serving TGT via a pipeline from the H5 WHP to the H1 WHP.

 

The FPSO’s oil throughput remains contractually limited to up to 40,000 b/d of its 55,000 b/d capacity. De-bottlenecking of the facility and increasing TGT production are therefore priorities for the partners.

 

However, a delay to this year’s drilling program has forced operational planning changes, the main one being to accelerate testing of the FPSO’s total liquids (oil and water) handling capacity.

 

The test program in July successfully confirmed an increase to around 140,000 b/d of liquids. It also confirmed minor additional modifications are needed to increase the capacity to more than 160,000 b/d.

The pharmaceutical industry rarely announces its most significant shifts loudly. The signals are there — if you know where to look.

The Oil & Gas Advancement briefing delivers that information — covering upstream, midstream, and downstream developments, energy transition strategy, and market intelligence across every major producing region.

  • The stories oil and gas professionals will be discussing tomorrow, in your inbox today
  • Analysis that goes beyond the headline — written for readers who already understand how the market works
  • The briefing that the sector’s most informed professionals open first

SUBSCRIBE OUR NEWSLETTER

WHITE PAPERS

New Zealand Grants 10-Year Taranaki Petroleum Mining Permit

New Zealand’s petroleum and mining regulator, New Zealand Petroleum and Minerals (NZP&M), has granted a 10-year petroleum mining permit to Matahio NZ Onshore Limited....

RELATED ARTICLES