Soco's Second Te Giac Trang Platform Commences Production

Soco International has said that the first flow of crude oil and gas from the H4 Wellhead Platform ('WHP-H4') of the Te Giac Trang field occurred on 6th July 2012. The start of production has been achieved over one month earlier than scheduled and nearly a year ahead of the original approved development plan.

The block is operated on behalf of Soco (30.5%) and its partners, PetroVietnam Exploration & Production Corporation (41%) and PTT Exploration and Production Public Company Limited (28.5%). 

Production from the field, currently approximately 42,000 barrels of oil per day, will now be increased to the 55,000 bopd processing capacity of the 'Armada TGT 1' FPSO.

Simultaneously, the PetroVietnam Drilling Services Corporation rig, the PVD-II, has arrived on location at the H1 Wellhead Platform and commenced drilling the conductor sections of a four well, infield development drilling programme.