Tê Giác Trắng oilfield explained

Te Giac Trang field
Location Map:Vietnam
Country:Vietnam
Region:South China Sea
Location:Cuu Long Basin
Block:16-1
Offonshore:Offshore
Operator:Hoang Long JOC (partnership of PetroVietnam, SOCO International, PTTEP, OPECO)
Partners:Hoang Long JOC
SOCO
Discovery:2005
Start Development:2009
Start Production:22 August 2011
Oil Production Bbl/D:55000
Production Gas Mmcuft/D:30
Est Oil Bbl:300
Formations:Miocene sandstone

The Te Giac Trang field (White Rhinoceros field) is an offshore oil field in the Cuu Long Basin in the South China Sea, southeast of Vũng Tàu, Vietnam. The field is located in the block 16-1.[1]

The field was discovered in 2003. The field lies at a water depth of . The reservoir of Miocene sandstone is estimated to have of oil equivalent.[2]

The development plan was approved in September 2009 and production started on 22 August 2011 by PetroVietnam jack-up platform PVD-II.[3] [4] The second platform, WHP-H4, started operations on 9 July 2012.[5] [6] Sixteen production wells are connected to two wellhead platforms. Oil is collected by a FPSO while gas will be exported to the Bạch Hổ platform.[1] [3] The FPSO Armada TGT 1 was converted from a Suezmax tanker by Keppel Offshore and Marine.[1] [2]

The field is operated by Hoang Long JOC, a partnership between PetroVietnam (41%), SOCO International (28.5%), PTT Exploration and Production (28.5%), and OPECO (2%). Hoang Long JOC holds 50% interest in the field while rest of 50% is held by SOCO.[1] [2]

Notes and References

  1. News: Te Giac Trang (White Rhinoceros) . SubSeaIQ . 2013-02-16.
  2. Web site: Te Giac Trang Oilfield, Cuu Long Basin, Vietnam . Offshore-Technology . Net Resources International . 2013-02-16.
  3. News: Te Giac Trang oil, gas field starts up off Vietnam . Alan . Petzet . . . 2011-08-22 . 2013-02-16.
  4. News: Production building at TGT offshore Vietnam . . Offshore Magazine . 2012-11-01 . 2013-02-16.
  5. News: H4 wellhead platform offshore Vietnam begins production . . Offshore Magazine . 2012-07-09 . 2013-02-16.
  6. News: Vietnam TGT partners to drill offshore on southern fault block . . Offshore Magazine . 2013-02-13 . 2013-02-16.